2312 COLSTON DRIVE #201
About This Property
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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.
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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 |
|---|---|---|---|
| Feb 27, 2026 | Sold | ||
| Sold | |||
| Jan 14, 2026 | In contract | - | |
| In contract | |||
| Dec 3, 2025 | Price Decreased |
$389,999
↓ $20K
(4.9%) | |
| Price Decreased | |||
| Oct 31, 2025 | Price Decreased |
$409,999
↓ $5K
(1.2%) | |
| Price Decreased | |||
| Sep 5, 2025 | Listed by Keller Williams Capital Properties | $414,999 | |
| Listed by Keller Williams Capital Properties | |||
| | |||
|
Welcome to 2312 Colston Drive #201 – a charming 2-bedroom, 1-bath brick garden-style condo tucked away in a quiet, well-maintained community in Silver Spring. This residence offers the perfect blend of comfort, convenience, and location, with easy access to downtown Silver Spring, Bethesda, Chevy Chase, and Washington, DC.
Inside, you’ll find a freshly painted interior featuring a renovated bathroom, stainless steel kitchen appliances, and a new A/C unit in the living room. The open layout is ideal for everyday living, while large windows fill the home with natural light. The loft bedroom offers custom closets and attic storage, providing both style and functionality.
The condo association makes life simple with all utilities included in the monthly fee, along with common area maintenance, trash removal, and access to beautifully landscaped courtyard amenities. Two unassigned parking spaces with pass decals provide added convenience for residents and guests.
Whether you’re a first-time buyer or looking to downsize, this move-in-ready condo is an excellent opportunity to enjoy low-maintenance living in a prime location.
This property is part of the MG eMpower VIP Buyer Package, which provides eligible buyers with cost savings and VIP concierge services. Inquire with the listing agent for more details on this exclusive opportunity.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/05/2025
|
2 Bed
|
1 Bath
|
1017 ft²
|
$414,999
2 Bed
1 Bath
1017 ft²
|
$373,000
-10.12%
02/27/2026
|
Charles View Jr.
Keller Williams Capital Properties
| |
|
06/15/2023
|
2 Bed
|
1 Bath
|
1282 ft²
|
$325,000
2 Bed
1 Bath
1282 ft²
|
$360,008
+10.77%
07/10/2023
|
Lyndsi Armenio
Douglas Elliman of Metro DC, LLC
| |
|
04/07/2023
| |
1 Bed
|
1 Bath
|
-
|
$189,000
1 Bed
1 Bath
|
-
-
|
Matthew Paschall
Chevy Chase/Uptown
|
|
03/19/2019
|
1 Bed
|
1 Bath
|
733 ft²
|
$189,900
1 Bed
1 Bath
733 ft²
|
-
-
|
-
| |
|
07/30/2017
| |
2 Bed
|
1 Bath
|
739 ft²
|
-
2 Bed
1 Bath
739 ft²
|
-
-
|
-
|
Building Info
- 1 Unit for Sale
About Silver Spring
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$2,100 /mo
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- 1 Bath
- 775 ft²
$9,750 /mo
- 4 Beds
- 4 Baths
- 3,174 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017