2212 COLSTON DR #302
About This Property
Welcome to your new home in the highly sought-after community of Rock Creek Village (RCV), minutes from downtown Silver Spring and steps from Rock Creek Park. This stunning one-bedroom condo offers a warm and inviting atmosphere with 710 square feet of sophisticated living space, combining modern luxury with timeless charm. Situated on the top floor and featuring new windows, this private, light-filled unit ensures no noise from upstairs neighbors and offers serene views of the treetops and ample green space below, nestled in a quiet courtyard setting. Completely gutted and renovated upon purchase, this unit has been meticulously maintained by its owner. Revel in floor-to-ceiling Italian tile in the shower and crown molding throughout the condo. The entire unit was freshly repainted in early 2024, presenting a crisp, new feel. The kitchen is a true highlight, featuring ceiling-high custom wood cabinets, a handmade brick Waterworks backsplash, quartz counters, and a spacious 8-foot peninsula offering ample storage and surface area. The open-concept kitchen and living area is truly jaw-dropping-one of the nicest to hit the market in this Rock Creek development in years. All stainless steel appliances, including an updated Samsung refrigerator with ice and water in the door, complement the kitchen's functionality. The bathroom and in-unit dryer are vented to the outside, ensuring maximum comfort and convenience. Unique to this unit, the sleek bathroom sink cabinet is only 12 inches deep but ingeniously designed to offer six square feet of storage space with two functional drawers. The spacious 15 x 11 bedroom boasts closets spanning the full width of the room, providing exceptional storage. The beautifully designed bathroom features a custom walk-in shower, meeting today's demands and offering a luxurious experience. Enjoy the abundance of natural light streaming through the new windows, complemented by tasteful window treatments and beautiful original hardwood floors. RCV's condo fee covers all utilities, common area maintenance, insurance, and on-site professional management.
Rock Creek Village is strategically located, straddling the communities of Chevy Chase, Silver Spring, and NW DC. Just blocks away, the picturesque Rock Creek Park invites you to explore the great outdoors with leisurely walks or cycling adventures. Convenience is at your doorstep, with the Rock Creek Shopping Center just one block away. Here, you'll find a community grocer, a veterinary clinic, the famous Parkway Deli, Red Maple restaurant, and the delightful Daily Dish cafe. Stay active with ease at Rock Creek Sports Club, also on the block. The location offers an easy commute to downtown Bethesda, Chevy Chase, downtown Washington DC, as well as northward to Rockville, Baltimore, and beyond. Public transportation is a breeze with five reliable bus lines within a block. Additionally, the proximity to Beach Drive provides opportunities for leisurely strolls, cycling, or quality time with your favorite pet. Rock Creek Village is one of the area's best-kept secrets, offering an exceptional lifestyle at an unbeatable value. Don't miss out on the chance to call this hidden gem your own. Schedule a viewing today and experience the magic of Rock Creek Village living. Your dream home awaits!
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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%.
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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 |
|---|---|---|---|
| Jul 2, 2024 | Sold | ||
| Sold | |||
| Jun 11, 2024 | In contract | - | |
| In contract | |||
| Jun 6, 2024 | Listed by Urban Brokers, LLC | $248,500 | |
| Listed by Urban Brokers, LLC | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/06/2024
|
1 Bed
|
1 Bath
|
710 ft²
|
$248,500
1 Bed
1 Bath
710 ft²
|
$252,500
+1.61%
07/02/2024
|
Mark Meyerdirk
Urban Brokers, LLC
| |
|
06/21/2023
|
2 Bed
|
1 Bath
|
874 ft²
|
$285,000
2 Bed
1 Bath
874 ft²
|
$303,000
+6.32%
07/05/2023
|
Mark Fitzpatrick
Coldwell Banker Realty
| |
|
04/21/2021
|
1 Bed
|
1 Bath
|
701 ft²
|
$225,000
1 Bed
1 Bath
701 ft²
|
-
-
|
Matt Fermin
RE/MAX Excellence Realty
| |
|
06/05/2020
|
2 Bed
|
1 Bath
|
879 ft²
|
$265,000
2 Bed
1 Bath
879 ft²
|
-
-
|
-
|
Building Info
About Silver Spring
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017