309 TIMBERWOOD AVENUE
About This Property
As you arrive, you'll be greeted by beautiful curb appeal and a deep, private, fully fenced backyard with lush landscaping-perfect for entertaining, gardening, or play. An attached one-car garage adds convenience, while a delightful screened-in porch invites you to enjoy peaceful mornings or evening gatherings overlooking the serene backyard.
Inside, the main level offers a warm and inviting layout, featuring a spacious formal living room anchored by a cozy wood-burning fireplace, ideal for relaxing or hosting. The large, renovated kitchen boasts granite countertops, updated cabinetry, and a stainless steel appliance package-an ideal space for the home chef. Two generously sized bedrooms and a tastefully renovated full bathroom complete the main floor.
Upstairs, you'll find three more spacious bedrooms, including a lovely primary suite, all serviced by a beautifully updated center hall bathroom.
The finished basement offers versatile living space with another wood-burning fireplace-perfect as a family room, rec space, or home office-with direct access to the backyard.
Situated in a sought-after neighborhood near Colesville Road, University Boulevard, and I-495, this home offers unbeatable convenience without sacrificing peace and privacy. Walk to nearby shops, restaurants, parks, and more.
Don't miss this exciting opportunity to own a move-in-ready home in an ideal Silver Spring location. Welcome home to 309 Timberwood Road!
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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%.
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.
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About Silver Spring
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017