2308 PEGGY LANE
About This Property
Perfectly positioned inside the Beltway (I-495) and straddling the D.C. line, this delightful home offers unparalleled convenience with easy access to downtown Silver Spring and downtown Bethesda-two vibrant hubs known for their shopping, dining, and entertainment. Whether you're commuting to the city, exploring local hotspots, or enjoying nearby parks and trails, this location provides the best of suburban tranquility and urban connectivity.
Just steps from Grubb Road Plaza, you'll have a gym, market, restaurants, deli, dry cleaners, and more right at your fingertips. Outdoor enthusiasts will love the proximity to Rock Creek Park, horse stables, and a 17-acre park where a community center, sports fields, and basketball and tennis courts offer endless recreational opportunities.
Inside, the home features bright and inviting living spaces, blending classic charm with modern updates. The spacious gourmet kitchen includes a 36-inch professional grade range and hood, while the comfortable living and dining areas offer a welcoming retreat for relaxation and gatherings. A gorgeous screened-in porch extends your living space, providing a serene retreat perfect for morning coffee or evening unwinding, and an additional deck adds ample space for outdoor grilling or basking in the sunshine. Generously sized bedrooms including a built-in Murphy bed, ample storage, and thoughtful details throughout make this home both functional and stylish.
With easy access to Metro stations, major commuter routes, and top-rated schools, this is a rare opportunity to own a home in one of the area's most desirable locations. Don't miss out-schedule your tour today!
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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 |
|---|---|---|---|
| May 16, 2025 | Sold | ||
| Sold | |||
| Mar 27, 2025 | Listed | $850,000 | |
| Listed | |||
| | |||
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Beautiful Home Near Downtown Bethesda, Downtown Silver Spring AND DC!
Perfectly positioned inside the Beltway (I-495) and straddling the D.C. line, this delightful home offers unparalleled convenience with easy access to downtown Silver Spring and downtown Bethesda—two vibrant hubs known for their shopping, dining, and entertainment. Whether you're commuting to the city, exploring local hotspots, or enjoying nearby parks and trails, this location provides the best of suburban tranquility and urban connectivity.
Just steps from Grubb Road Plaza, you’ll have a gym, market, restaurants, deli, dry cleaners, and more right at your fingertips. Outdoor enthusiasts will love the proximity to Rock Creek Park, horse stables, and a 17-acre park where a community center, sports fields, and basketball and tennis courts offer endless recreational opportunities.
Inside, the home features bright and inviting living spaces, blending classic charm with modern updates. The spacious gourmet kitchen includes a 36-inch professional grade range and hood, while the comfortable living and dining areas offer a welcoming retreat for relaxation and gatherings. A gorgeous screened-in porch extends your living space, providing a serene retreat perfect for morning coffee or evening unwinding, and an additional deck adds ample space for outdoor grilling or basking in the sunshine. Generously sized bedrooms including a built-in Murphy bed, ample storage, and thoughtful details throughout make this home both functional and stylish.
With easy access to Metro stations, major commuter routes, and top-rated schools, this is a rare opportunity to own a home in one of the area’s most desirable locations. Don’t miss out—schedule your tour today!
| |||
| Jun 18, 2013 | Sold | ||
| Sold | |||
| Aug 19, 2009 | Sold | ||
| Sold | |||
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About Silver Spring
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017