201 FRANKLIN AVENUE
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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%.
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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.
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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 |
|---|---|---|---|
| May 23, 2025 | Sold | ||
| Sold | |||
| Apr 23, 2025 | Listed by Compass | $669,000 | |
| Listed by Compass | |||
| Jan 9, 2025 | Listed | $685,000 | |
| Listed | |||
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This elegant 4 bedroom, 2.5 bathroom brick colonial is located in the highly desirable Indian Spring neighborhood with an attached garage. The home offers over 2,000 square feet on a fantastic corner lot that spans over 8,000 square feet, complete with a flat backyard. The main level features a primary bedroom with an en-suite bathroom, a walk-in closet, and a skylight, as well as a convenient washer and dryer. The large living room, with a gas fireplace and brick surround, leads to a spacious dining room adjacent to the kitchen. The kitchen has been recently modernized with quartz counters and stainless steel appliances. Other highlights include a main-level powder room and beautiful hardwood floors that add to the home's appeal. The upper level includes a spacious bathroom and three additional well-sized bedrooms. Conveniently located inside the Beltway, it is in close proximity to Sligo Creek Park and a quick drive to the METRO and MARC trains. Downtown Silver Spring's shopping amenities are within a mile.
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| May 27, 2022 | Sold | ||
| Sold | |||
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About Silver Spring
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017