$299,900
●
Condo -
Off Market
3114 QUARTET LANE #227
SILVER SPRING, MD 20904
2 Beds
2 Baths
1,144 Ft²
$2,102
Est. Monthly
$370
HOA / Fees
6.38%
Cap Rate
About This Property
NEW PRICE! This almost 1,200 sq. ft. of living space, 2
bedroom/2 full bath condo is well-maintained, updated &
MOVE-IN READY! The kitchen has stainless steel appliances, granite
countertops, white cabinets & ceramic tile floors. A wood-burning
fireplace & private patio are added bonus! Conveniently located off
of Rt 29 makes it accessible to major commuter routes, ICC 200,
I-95, etc. Low HOA & condo fee but plenty of community amenities
which includes a swimming pool, tot lots, volleyball,
basketball/tennis courts, and plenty of green space to enjoy the
outdoors. FHA & VA Approved! Be sure to check out the
video walk through tour and 3D floor plan & SCHEDULE YOUR PRIVATE
TOUR TODAY!
Unit Size
1,144 Ft²
Days on Market
80 days
Land Size
-
Price per sqft
$262
Property Type
Condo
Property Taxes
$259
HOA Dues
$370
Year Built
-
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 4 months ago (Bright MLS #MDMC2181428)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 4, 2025 | Sold | ||
| Sold | |||
| Jul 9, 2025 | In contract | - | |
| In contract | |||
| May 16, 2025 | Listed by RE/MAX Realty Group | $299,900 | |
| Listed by RE/MAX Realty Group | |||
| Apr 11, 2025 | In contract | - | |
| In contract | |||
| Mar 28, 2025 | Listed | $325,000 | |
| Listed | |||
| | |||
|
3114 Quartet Lane is well-maintained, updated & MOVE-IN READY - This 2 bedroom/2 full bath condo offers almost 1,200 sq. ft. of living space. The kitchen has stainless steel appliances, granite countertops, white cabinets & ceramic tile floors. A wood-burning fireplace & private patio are added bonus! Conveniently located off of Rt 29 makes it accessible to major commuter routes and ICC. Low HOA & condo fee but plenty of community amenities which includes a swimming pool, tot lots, volleyball, basketball/tennis courts, and plenty of green space to enjoy the outdoors. FHA Approved! SCHEDULE YOUR PRIVATE TOUR TODAY - Be sure to check out the video walk through tour and 3D floor plan!
| |||
Property Highlights
Air Conditioning
Fireplace
Parking Details
Parking Features: Unassigned, Surface
Interior Details
Full Bathrooms: 2
Has Fireplace
Fireplace Features: Corner
Fireplaces: 1
Exterior Details
Has Property Attached
Square Footage: 1144
Square Footage Source: $0
Architectural Style: Back-to-Back
Year Built Source: Assessor
Year Built: 1984
Levels: 1
Other Structures: Above Grade, Below Grade
Construction Materials: Vinyl Siding, Stick Built
Water Source: Public
Financial Details
Tax Assessed Value: $236,667
Tax Annual Amount: $3,103
Utilities Details
Cooling Type: Central Air
Heating Type: Heat Pump - Electric BackUp
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Grounds, Trash, Snow Removal, Recreation Facility, Pool(s), Reserve Funds, Other, Ext Bldg Maint, Management
HOA/Condo/Coop Amenities: Playground, Tennis Court(s), Basketball Court, Swimming Pool, Pool - Outdoor, Common Grounds, Volleyball Courts
HOA Fee: $47
HOA Fee Frequency: Monthly
Condo/Coop Fee: $323
Condo/Coop Fee Frequency: Monthly
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
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/16/2025
|
2 Bed
|
2 Bath
|
1144 ft²
|
$299,900
2 Bed
2 Bath
1144 ft²
|
$299,900
08/04/2025
|
SANDY THONGPHOK
RE/MAX Realty Group
|
Building Info
About Calverton
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,200 /mo
- 3 Beds
- 1 Bath
- 972 ft²
$2,400 /mo
- 3 Beds
- 2 Baths
- 1,241 ft²
Listed by: SANDY THONGPHOK
RE/MAX Realty Group
Last Updated: 1 hours ago
Data Source: Bright MLS , MLS# MDMC2181428
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.
RE/MAX Realty Group
Last Updated: 1 hours ago
Data Source: Bright MLS , MLS# MDMC2181428
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017