2115 SEMINARY ROAD
About This Property
Enjoy hardwood floors throughout the three bedrooms and two bathrooms upstairs. The primary suite features plenty of space and natural light as well as a beautifully renovated bathroom with stunning marble floors and shower. The additional two bedrooms offer tons of windows with tranquil views of the backyard. A hall bathroom with a bathtub completes the upper level.
Though unfinished, the lower level provides tons of additional storage space. With walk-out access to the backyard and high ceilings, itas an ideal space to be finished to offer a recreation room, additional bedroom, or home office. The flat, fully fenced backyard and easily accessible patio are perfect for entertaining large crowds or quiet fall nights at home.
For a scenic stroll, meander through the whimsical National Park Seminary or head to Montgomery Hills Park with a playground, basketball, and tennis courts, both just steps away. 2115 Seminary Road is easily accessible to I-495, Metro, and a variety of restaurants, retail, and more. Enjoy tons of walkable amenities while maintaining the space and comfort you need in this ideally located Silver Spring gem!
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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 |
|---|---|---|---|
| Nov 29, 2022 | Sold | ||
| Sold | |||
| Sep 29, 2022 | No longer available | - | |
| No longer available | |||
| Sep 28, 2022 | Listed by RE/MAX Realty Services | $599,000 | |
| Listed by RE/MAX Realty Services | |||
| Aug 24, 2022 | Price Decreased |
$629,000
↓ $20K
(3.1%) | |
| Price Decreased | |||
| Jul 28, 2022 | Listed by RE/MAX Realty Services | $649,000 | |
| Listed by RE/MAX Realty Services | |||
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About Silver Spring
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017