183 KANDINSKY LOOP
About This Property
The 4th floor houses an exquisite owner's suite, welcoming you with a stylish barn door entry. Dive into luxury with an en-suite featuring an upgraded tiled shower, custom walk-in closet with built-ins, a double sink vanity, and a spacious linen closet. On the 1st floor, a versatile bedroom/office awaits, complete with a queen-size Murphy bed/desk combo and an accompanying side tower. You and your guests are greeted by upgraded porcelain tiles in the foyer and hallway.
A blend of hardwood floors and open-concept living graces the 2nd level, complemented by a cozy fireplace, dedicated dining area, and thoughtful design elements. For those who love to entertain or unwind outdoors, the expansive 4th-floor rooftop deck, equipped with a retractable screen door, offers the perfect sanctuary.
Additional features include large, airy bedrooms, a standard 2-car garage, and numerous contemporary touches that make this home truly special. Location is everything. With just a 5-minute walk to the Glenmont Metro Station, you're a brief, approximately 30-minute ride away from downtown DC via the Red Line. Weekend plans? Enjoy free parking in the Metro garage.
The property is strategically located near the Mid-County Community/Recreation Center, Brookside Gardens/Park & Nature Center, Matthew Henson & Sligo Creek Trails, the Intercounty Connector (ICC)/MD 200, and the Wheaton Community/Recreation Center & Library Branch. For daily conveniences and medical needs, Holy Cross Hospital, Wheaton Mall (which includes a Costco), and a selection of parks and shopping centers are in close proximity.
Discover the intersection of modern living and unparalleled convenience in this Silver Spring gem.
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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 |
|---|---|---|---|
| Dec 7, 2023 | Sold | ||
| Sold | |||
| Nov 7, 2023 | In contract | - | |
| In contract | |||
| Oct 19, 2023 | Price Decreased |
$669,731
↓ $10K
(1.5%) | |
| Price Decreased | |||
| Sep 20, 2023 | Price Decreased |
$679,900
↓ $20K
(2.9%) | |
| Price Decreased | |||
| Sep 20, 2023 | Listed by Redfin Corp | $699,900 | |
| Listed by Redfin Corp | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/20/2023
| |
4 Bed
|
4 Bath
|
2244 ft²
|
$699,900
4 Bed
4 Bath
2244 ft²
|
$655,000
-6.42%
12/01/2023
|
Russell Chandler
Redfin Corp
|
Building Info
About Wheaton - Glenmont
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017