$800,000
●
House -
Off Market
2503 NORTH GATE TERRACE
SILVER SPRING, MD 20906
5 Beds
3 Baths,
1
Half Bath
3,076 Ft²
$4,791
Est. Monthly
6.19%
Cap Rate
About This Property
One Level Living at its finest. Rarely available custom rambler on
a cul-de-sac with nearly 5,000 square feet on two levels.
Huge kitchen has a sitting area with a fireplace and indoor
grill. Dining and Living Rooms have vaulted ceilings with an open
feel, perfect for entertaining, and tons of sunlight, with a
wall of windows and sliding doors to a huge deck overlooking large
backyard. Full walkout basement has a ton of potential. The
lower level living space has its own fireplace and is loaded
with windows and natural light. With a full bathroom and bedroom
with a separate entrance, this may be perfect for an in-law suite
or isolated office space. Updated windows, doors, roof, siding,
HVAC and extensive solar array on west-facing roof slashes
electricity bills. Amazing location is convenient to all points
Montgomery County. 2 miles to Glenmont Metro & ICC/US200, less than
a mile to shopping, dining, and parks.
Unit Size
3,076 Ft²
Days on Market
26 days
Land Size
0.57 acres
Price per sqft
$271
Property Type
House
Property Taxes
$690
HOA Dues
-
Year Built
1966
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 years ago (Bright MLS #MDMC2168472)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 14, 2025 | Sold | ||
| Sold | |||
| Apr 29, 2025 | In contract | - | |
| In contract | |||
| Mar 12, 2025 | Listed | $835,000 | |
| Listed | |||
| | |||
|
One Level Living at its finest. Rarely available custom rambler on a cul-de-sac with nearly 5,000 square feet on two levels. Huge kitchen has a sitting area with a fireplace and indoor grill. Dining and Living Rooms have vaulted ceilings with an open feel, perfect for entertaining, and tons of sunlight, with a wall of windows and sliding doors to a huge deck overlooking large backyard. Full walkout basement has a ton of potential. The lower level living space has its own fireplace and is loaded with windows and natural light. With a full bathroom and bedroom with a separate entrance, this may be perfect for an in-law suite or isolated office space. Updated windows, doors, roof, siding, HVAC and extensive solar array on west-facing roof slashes electricity bills. Amazing location is convenient to all points Montgomery County. 2 miles to Glenmont Metro & ICC/US200, less than a mile to shopping, dining, and parks.
| |||
| Sep 2, 2009 | Sold | ||
| Sold | |||
Property Highlights
Garage
Air Conditioning
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Aspen Hill
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Listed by: Piero P Marinucci
Silver Spring Real Estate
Last Updated: 8 hours ago
Data Source: Bright MLS , MLS# MDMC2168472
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.
Silver Spring Real Estate
Last Updated: 8 hours ago
Data Source: Bright MLS , MLS# MDMC2168472
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