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2030 LANIER DRIVE
About This Property
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Outside, the home boasts the largest lot on the street, providing generous space for the existing mature trees and plenty of room for gardening, outdoor play, grilling, and entertaining. A recently paved driveway leads to an attractive detached garage that offers valuable extra space for hobbies or storage. The expansive screened-in porch off the living room extends your living space outdoors, creating a wonderful spot to relax and enjoy the private setting.
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Nestled in the desirable North Woodside neighborhood, this home sits on a super lightly trafficked street. Lined with mature trees, it's ideal for evening strolls and is where the neighbors teach their kids to ride bikes. You're conveniently located near an abundance of amenities, including diverse restaurants and shops, grocery stores, the Red Line Metro, theaters, recreational centers, and all that vibrant downtown Silver Spring and Washington, DC have to offer.
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Walkable Highlights
• Woodlin Elementary School - 0.3 mi (6 min)
• Goldberg's New York Bagels - 0.5 mi (12 min)
• Snider's Superfoods - 0.5 mi (12 min)
• CVS - 0.6 mi (15 min)
• Woodside/16th Street Station (Purple Line) - 0.8 mi (24 min)
• Silver Spring Metrorail Station (Red Line) - 1.0 mi (24 min)
• Farmers' Market - 1.5 mi (34 min)
• Whole Foods - 1.6 mi (36 min)
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This is a fantastic opportunity to own a charming home in a welcoming, close-knit community.
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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.
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About Silver Spring
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Currently no similar homes aroundNearby Rentals
$5,750 /mo
- 3 Beds
- 4 Baths
- 3,060 ft²
$3,250 /mo
- 2 Beds
- 1 Bath
- 1,520 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017