1609 PARHAM ROAD
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 2, 2023 | Sold | ||
| Sold | |||
| Jan 11, 2023 | No longer available | - | |
| No longer available | |||
| Jan 9, 2023 | Listed by Heymann Realty, LLC | $494,900 | |
| Listed by Heymann Realty, LLC | |||
| | |||
|
Welcome to this beautiful home! This home has so much to offer to its new owners. The main level has a newly renovated kitchen with white cabinets and granite counter tops, stainless steel appliances, refinished hard wood floors, renovated bathroom, three bedrooms, and family room/big dinning area next to the kitchen. The lower level has big entertainment area, fourth bedroom, an extra room that can be used for office, full bathroom, and cabinet with a sink. Lower level offers its own entrance and is suitable for a variety needs. Additional amenities: stair lift and generator are sold strictly AS IS. LOCATION! LOCATION!! LOCATION!!! Located in a short drive to both DC and Silver Spring downtowns, major commuter routes I-495 and 95, walking distance to multiple public buses. Hurry, this won't last long!
| |||
| Dec 29, 2022 | In contract | - | |
| In contract | |||
| Dec 2, 2022 | No longer available | - | |
| No longer available | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Silver Spring
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,850 /mo
- 3 Beds
- 2 Baths
- 1,152 ft²
$1,600 /mo
- 2 Beds
- 1 Bath
- 661 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017