2316 COLSTON DRIVE #101
About This Property
Rock Creek Village is a pet-friendly, garden-style community known for its lush landscaped grounds and peaceful setting, with direct access to Rock Creek Park's scenic hiking and biking trails. The community offers a play ground and grill area, plus EV charging stations. Walk to Rock Creek Shopping Center with restaurants, a sports club, dry cleaner, veterinary services, and a nail salon. Condo fees include all utilities, providing exceptional value. Tandem off-street parking for two cars conveys with the unit. Ideally located less than one mile from the Silver Spring Metro (Red Line), with close proximity to downtown Silver Spring and Bethesda for shopping, dining, and entertainment. Make this your New Home in the New Year!
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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 |
|---|---|---|---|
| Feb 11, 2026 | Sold | ||
| Sold | |||
| Feb 2, 2026 | In contract | - | |
| In contract | |||
| Dec 16, 2025 | Listed by Coldwell Banker Realty | $289,000 | |
| Listed by Coldwell Banker Realty | |||
| Oct 21, 2022 | No longer available | - | |
| No longer available | |||
| Sep 22, 2022 | 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 |
|---|---|---|---|---|---|---|---|
|
12/16/2025
|
2 Bed
|
1 Bath
|
830 ft²
|
$289,000
2 Bed
1 Bath
830 ft²
|
$275,000
-4.84%
02/11/2026
|
Pamela Powers
Coldwell Banker Realty
| |
|
09/25/2024
|
3 Bed
|
2 Bath
|
1300 ft²
|
$445,000
3 Bed
2 Bath
1300 ft²
|
$440,000
-1.12%
12/19/2024
|
Alexandra Burrell-Hodges
Cottage Street Realty LLC
| |
|
03/23/2023
|
3 Bed
|
2 Bath
|
1050 ft²
|
$419,000
3 Bed
2 Bath
1050 ft²
|
$430,000
+2.63%
04/24/2023
|
Susan Van Nostrand
Compass
| |
|
08/25/2022
|
2 Bed
|
1 Bath
|
830 ft²
|
$280,000
2 Bed
1 Bath
830 ft²
|
-
-
|
Zach gordon
Smart Realty, LLC
| |
|
02/15/2020
|
2 Bed
|
1 Bath
|
830 ft²
|
$265,000
2 Bed
1 Bath
830 ft²
|
$265,000
03/24/2020
|
Mark Fitzpatrick
|
Building Info
About Silver Spring
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017