38
Map
$476,500
●
House -
Off Market
3217 VERONA DRIVE
SILVER SPRING, MD 20906
3 Beds
3 Baths
2,432 Ft²
$554,749
RealtyHop Estimate
20.60%
Since Jan 1, 2021
DC-Washington
Primary Model
About This Property
This brick rancher is move-in ready. Recent updates include
refinished hardwoods on main level, new carpet in basement, fresh
paint throughout, new vinyl flooring in kitchen, new expansion tank
and new covers for hot water baseboard heating. All three
full bathrooms have been updated with new vanities, faucets,
lighting, toilets, tile work, tubs/showers. Brick fireplace
provides ambiance in living and dining rooms. Dining room has
built-ins and a sliding glass door to a small deck. The kitchen has
new vinyl flooring and a generous pantry. Off of the kitchen and
living room is a spacious sun room which can be heated and
air-conditioned so it can be utilized year-round. The sun room
leads to the expansive three-tiered deck (which has been
power-washed and sealed) and fully fenced backyard which backs to
wooded parkland. The basement has a newly updated third full bath
with double sinks, a large laundry room with tons of storage, a
large bonus room with built-ins and closet-space, rec area with
built-ins, lots of natural light, two additional rooms that could
be potential bedrooms or offices, and walkout access to the
backyard.
Unit Size
2,432 Ft²
Days on Market
-
Land Size
0.45 acres
Price per sqft
$189
Property Type
House
Property Taxes
$400
HOA Dues
-
Year Built
1957
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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 months ago (Bright MLS #MDMC731774)
Price History
Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Type
Beds
Baths
ft²
Price/ft²
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Listed On
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HOA + Taxes
About Wheaton - Glenmont
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Listed by: Caterina S Watson
Weichert, REALTORS
Last Updated: 2 hours ago
Data Source: Bright MLS , MLS# MDMC731774
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Weichert, REALTORS
Last Updated: 2 hours ago
Data Source: Bright MLS , MLS# MDMC731774
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