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19 INDIAN SPRING DRIVE
About This Property
The welcoming front patio opens to a gracious foyer with a beautiful staircase and hardwood floors that continue throughout the main and upper levels. The spacious living room features a wood burning fireplace and crown molding and flows into the formal dining room with crown molding and chair rail detail. Renovated in 2007, the kitchen offers custom wood cabinetry, a paneled refrigerator, granite countertops, a tile backsplash and stainless steel appliances.
A main level bedroom with an en suite bathroom featuring a shower provides flexible space for guests, a home office or convenient one level living. Upstairs are two generously sized bedrooms, each with double closets, and a full bathroom with a bathtub.
The main level also opens to a breezeway currently used as a family room, with direct access to the detached one car garage. The driveway provides parking for multiple additional vehicles. The lower level includes another family room with recessed lighting, a powder room and a utility room.
Located inside the Beltway, Indian Spring offers convenient access to downtown Silver Spring, Washington, D.C., major commuter routes and public transportation. Outdoor recreation is close at hand with the 10 mile paved Sligo Creek Trail for walking, running and biking. Nearby Indian Spring Terrace Park features athletic fields, basketball courts, a playground and open green space. Residents can also enjoy the nearby Sligo Creek Golf Course and the Silver Spring YMCA, located less than half a mile away.
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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 |
|---|---|---|---|
| Sep 30, 2026 | In contract | - | |
| In contract | |||
| Sep 23, 2026 | Listed by RLAH @properties | $615,000 | |
| Listed by RLAH @properties | |||
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About Silver Spring
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017