2204 COLSTON DRIVE #C101
About This Property
The manager has listed the unit size as 678 square feet.
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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.
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 2, 2024 | Sold | ||
| Sold | |||
| Sep 1, 2024 | In contract | - | |
| In contract | |||
| Aug 8, 2024 | Listed | $248,000 | |
| Listed | |||
| | |||
|
This light & bright home is move-in ready for you. The kitchen has been renovated with white cabinets, granite countertop, and stainless steel appliances. The bathroom has been totally redone with upscale finishes, like marble mosaic and brushed gold. You'll love the light that comes in from windows front and back, the warm glow of hardwood floors and a full-size washer and dryer. The community is the perfect blend of homey-feel, with garden-style buildings, lots of grass and trees, with urban amenities like walkable restaurants, grocery store and even a gym. This condo is part of the Rock Creek Commons which has the LOWEST CONDO FEES of the three condo associations in the community and these units have Central A/C. Rock Creek Park is merely blocks away, as are the commuter bus routes, or easy driving to DTSS, Bethesda, DC or even down to Virginia via Beach Drive. Come discover this hidden gem of a neighborhood and the world-famous Parkway Deli with one-of-a-kind pickle bar! Get ready to see it soon because it will not last!
| |||
| Oct 7, 2021 | No longer available | - | |
| No longer available | |||
| Nov 18, 2020 | In contract | - | |
| In contract | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/08/2024
|
1 Bed
|
1 Bath
|
678 ft²
|
$248,000
1 Bed
1 Bath
678 ft²
|
$250,535
+1.02%
10/02/2024
|
Lisa Greaves
Redfin Corp
| |
|
03/09/2022
| |
1 Bed
|
1 Bath
|
-
|
$205,000
1 Bed
1 Bath
|
-
-
|
Michael Chang
North Potomac/Rockville
|
|
08/18/2020
|
1 Bed
|
1 Bath
|
678 ft²
|
$219,000
1 Bed
1 Bath
678 ft²
|
$207,000
-5.48%
02/19/2021
|
Derek Eisenberg
|
Building Info
About Silver Spring
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017