$310,000
●
Condo -
Off Market
3202 LUDHAM DRIVE #195B
SILVER SPRING, MD 20906
2 Beds
1 Bath
850 Ft²
$2,659
Est. Monthly
$854
HOA / Fees
4.15%
Cap Rate
About This Property
Just Reduced $5,000 - Welcome to this beautifully updated
2-bedroom, 1-bath semi-detached home with 2 car Garage in the heart
of Leisure World, Montgomery County's premier 55+ gated community.
This one-level home offers stylish, low-maintenance living with a
spacious open-concept living and dining area, updated kitchen with
newer appliances, and new luxury vinyl plank flooring throughout.
The renovated bathroom features a walk-in shower, and
additional upgrades include updated windows, a cozy fireplace, and
full-size washer and dryer. Enjoy outdoor living on the
private rear patio-perfect for relaxing or gardening. A large 2-car
garage offers ample space for parking, storage, or a workshop.
Recent improvements include a new Hot water heater, sliding glass
door, front door, storm door, and a newer roof. Move-in
ready and ideally located within a vibrant, amenity-rich
community-don't miss this opportunity to enjoy easy, comfortable
living in Leisure World!
Unit Size
850 Ft²
Days on Market
-
Land Size
-
Price per sqft
$371
Property Type
Condo
Property Taxes
$258
HOA Dues
$854
Year Built
-
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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: 8 months ago (Bright MLS #MDMC2211200)
Price History
Property Highlights
Air Conditioning
With View
Parking Details
Has Garage
Parking Features: Concrete Driveway
Garage Spaces: 2
Interior Details
Full Bathrooms: 1
Interior Features: Dining Area, Kitchen - Galley, Entry Level Bedroom, Floor Plan - Traditional
Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Humidifier, Electric Oven, Range Hood, Refrigerator, Washer, Washer/Dryer Hookups Only
Flooring Type: Luxury Vinyl Plank
Door Features: Sliding Glass, Storm
Exterior Details
Has Property Attached
Square Footage: 850
Square Footage Source: $0
Security Features: Security Gate, 24 Hour Security, Fire Detection System
Architectural Style: Ranch/Rambler
Year Built Source: Assessor
Year Built: 1971
Building Name: MD. MUT. #10
Builder Model: BUCKINGHAM
Levels: 1
Other Structures: Above Grade, Below Grade
Window Features: Screens, Insulated, Energy Efficient
Construction Materials: Aluminum Siding
Patio and Porch Features: Patio(s)
Lot Features: Backs - Open Common Area, Landscaping, Adjoins - Open Space, Rear Yard
Water Source: Public
Financial Details
Tax Annual Amount: $3,099
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Cable TV, Maintenance Grounds, Electricity, Insurance, Sewer, Snow Removal, Trash, Water, Custodial Services Maintenance, Heat, Management, Recreation Facility, Reserve Funds, Road Maintenance
HOA/Condo/Coop Amenities: Exercise Course, Party Room, Security, Tennis Court(s), Community Center, Fencing, Golf Club, Jog/Walk Path, Non-Lake Recreational Area, Pool - Indoor, Pool Mem Avail, Pool - Outdoor, Putting Green, Recreational Center, Common Grounds, Gated Community, Retirement Community
Condo/Coop Fee: $854
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 |
|---|---|---|---|---|---|---|---|
|
01/02/2026
|
2 Bed
|
1 Bath
|
850 ft²
|
$320,000
2 Bed
1 Bath
850 ft²
|
$310,000
-3.13%
03/04/2026
|
Joyce Meyerdirk-McKenzie
CENTURY 21 New Millennium
| |
|
11/16/2022
|
2 Bed
|
1 Bath
|
850 ft²
|
$320,000
2 Bed
1 Bath
850 ft²
|
$290,000
-9.38%
12/23/2022
|
Melinda Butterfield
RE/MAX Realty Services
|
Building Info
About Rossmoor
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Listed by: Joyce P Meyerdirk-McKenzie
Urban Brokers, LLC
Last Updated: 4 hours ago
Data Source: Bright MLS , MLS# MDMC2211200
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.
Urban Brokers, LLC
Last Updated: 4 hours ago
Data Source: Bright MLS , MLS# MDMC2211200
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