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201 UNIVERSITY BOULEVARD W
About This Property
Welcome to 201 University Blvd W, Silver Spring, Maryland! Situated in the highly sought-after Northwood Park neighborhood of Four Corners, this beautifully renovated brick Cape Cod home offers both charm and functionality. With five bedrooms and three full bathrooms, the property features modern hardware and lighting throughout.
The home presents excellent Airbnb potential, especially for University of Maryland College Park students, just 15 minutes away. The basement includes a separate entrance, a convenient kitchenette, and a bedroom with its own bathroom.
The main level showcases pristine hardwood floors, recessed lighting, and large windows that bathe the space in natural light. The inviting living area centers around a classic brick mantle fireplace. A bright and airy sunroom is perfect for relaxation or enjoying your morning coffee. The contemporary kitchen, featuring stainless steel appliances and custom cabinetry, flows into a cozy breakfast area. This level also includes two bedrooms and a full bath, ideal for guests or a home office.
Upstairs, you'll find a spacious loft that can serve as an office or additional sitting area, along with another full bathroom and bedroom. The lower level, accessible through a separate entrance, offers two bedrooms, a full bathroom, and a convenient kitchenette with a fridge and oven, making it ideal for extended family or rental use.
The property is conveniently located near major transportation routes, including I-495, ensuring easy access to the surrounding area. Several bus routes also provide straightforward commuting options. Downtown Silver Spring, with its diverse selection of restaurants, shops, and entertainment venues, is just a short drive away. Additionally, local grocery stores and retail outlets are easily accessible.
For outdoor enthusiasts, Sligo Creek Park is nearby, offering walking, jogging, and biking trails, as well as picnic areas and playgrounds. Don't miss the chance to experience this perfect blend of modern amenities and classic charm. Contact us today to schedule your showing!
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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 |
|---|---|---|---|
| Oct 11, 2024 | Sold | ||
| Sold | |||
| Sep 10, 2024 | In contract | - | |
| In contract | |||
| Aug 29, 2024 | Listed by Hagan Realty | $680,000 | |
| Listed by Hagan Realty | |||
| | |||
|
Open House Saturday 31st 11am-1pm
Welcome to 201 University Blvd W, Silver Spring, Maryland! Situated in the highly sought-after Northwood Park neighborhood of Four Corners, this beautifully renovated brick Cape Cod home offers both charm and functionality. With five bedrooms and three full bathrooms, the property features modern hardware and lighting throughout.
The home presents excellent Airbnb potential, especially for University of Maryland College Park students, just 15 minutes away. The basement includes a separate entrance, a convenient kitchenette, and a bedroom with its own bathroom.
The main level showcases pristine hardwood floors, recessed lighting, and large windows that bathe the space in natural light. The inviting living area centers around a classic brick mantle fireplace. A bright and airy sunroom is perfect for relaxation or enjoying your morning coffee. The contemporary kitchen, featuring stainless steel appliances and custom cabinetry, flows into a cozy breakfast area. This level also includes two bedrooms and a full bath, ideal for guests or a home office.
Upstairs, you'll find a spacious loft that can serve as an office or additional sitting area, along with another full bathroom and bedroom. The lower level, accessible through a separate entrance, offers two bedrooms, a full bathroom, and a convenient kitchenette with a fridge and oven, making it ideal for extended family or rental use.
The property is conveniently located near major transportation routes, including I-495, ensuring easy access to the surrounding area. Several bus routes also provide straightforward commuting options. Downtown Silver Spring, with its diverse selection of restaurants, shops, and entertainment venues, is just a short drive away. Additionally, local grocery stores and retail outlets are easily accessible.
For outdoor enthusiasts, Sligo Creek Park is nearby, offering walking, jogging, and biking trails, as well as picnic areas and playgrounds. Don’t miss the chance to experience this perfect blend of modern amenities and classic charm. Contact us today to schedule your showing!
| |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Aug 23, 2021 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017