2311 ARTHUR AVE
About This Property
OPEN Saturday 12/14 12-2pm & Sunday 12/15 11am-1pm
Nestled in the desirable Forest Glen neighborhood of Silver Spring, this classic all-brick colonial home effortlessly blends timeless charm with modern convenience. Featuring three upper level bedrooms and two fully renovated bathrooms, the home offers comfort and style at every turn. Beautiful hardwood floors flow throughout, enhancing the inviting interiors original appeal. The galley kitchen opens to a large deck, perfect for entertaining, with picturesque views of the fully fenced backyard complete with garden beds for your green thumb. The walk-out lower level has finished space for added flexible living. In the front of the home, a stone walkway leads to the front door, adding to the home's curb appeal, while the driveway accommodates two cars and includes a modern car charging station. Living less than 1/4 mile walk to the adored Glenwood Pool & Mckenney Hills Park, will immerse you into this fabulous community. Also within walking distance of the Forest Glen Metro station and offering easy access to I-495, this property is perfect for commuters. Charm, comfort and convenience make this a very special place to call home.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 3, 2025 | Sold | ||
| Sold | |||
| Dec 17, 2024 | In contract | - | |
| In contract | |||
| Dec 13, 2024 | Price Decreased |
$599,000
↓ $31K
(4.9%) | |
| Price Decreased | |||
| Dec 5, 2024 | Listed by TTR Sotheby's International Realty | $629,500 | |
| Listed by TTR Sotheby's International Realty | |||
| Jul 1, 2020 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017