$401,500
●
Condo -
Off Market
3219 LUDHAM DR #191B
SILVER SPRING, MD 20906
3 Beds
2 Baths
1,193 Ft²
$420,651
RealtyHop Estimate
5.43%
Since Feb 1, 2023
DC-Washington
Primary Model
About This Property
Welcome to Leisure World! This amenity rich senior living
community has everything you could want and more. This lovely
single level duplex ranch has just been repainted and is welcoming
and fresh for you. The living room is spacious and is open to
the kitchen and dining room, with hardwood flooring through this
space. The dining room has access to the rear patio through
a sliding door, to your own private garden space. The kitchen
has been renovated and features a newer stainless steel
refrigerator, granite counters, and custom wood cabinetry.
The carpeted primary bedroom is large with an attached private bathroom and has plantation shutters for privacy. The en-suite bath has a tiled stall shower with glass doors and safety handrails, and a large vanity. There are two secondary bedrooms – both carpeted and perfect for guests, or even a home office – with a shared hall bathroom with a stall shower.
This home has a newer HVAC and water heater (2019), and a full sized laundry suite tucked into a convenient closet.
The carpeted primary bedroom is large with an attached private bathroom and has plantation shutters for privacy. The en-suite bath has a tiled stall shower with glass doors and safety handrails, and a large vanity. There are two secondary bedrooms – both carpeted and perfect for guests, or even a home office – with a shared hall bathroom with a stall shower.
This home has a newer HVAC and water heater (2019), and a full sized laundry suite tucked into a convenient closet.
Unit Size
1,193 Ft²
Days on Market
5 days
Land Size
-
Price per sqft
$334
Property Type
Condo
Property Taxes
$321
HOA Dues
-
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: 3 years ago (Bright MLS #MDMC2072578)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 31, 2023 | Sold | ||
| Sold | |||
| Oct 20, 2022 | Listed by Compass | $399,000 | |
| Listed by Compass | |||
Property Highlights
Fireplace
Garage
Parking Details
Has Garage
Garage Features: Additional Storage Area
Parking Features: Driveway, Attached Garage
Attached Garage Spaces: 2
Garage Spaces: 2
Total Garage and Parking Spaces: 4
Interior Details
Bedrooms on Main Level: 3
Interior Features: Dining Area, Breakfast Area, Window Treatments, Entry Level Bedroom, Primary Bath(s), Floor Plan - Traditional
Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Exhaust Fan, Oven/Range - Electric, Refrigerator, Washer
Flooring Type: Hardwood, Carpet, Ceramic Tile
Living Area Square Feet Source: Assessor
Laundry Type: Main Floor, Washer In Unit, Dryer In Unit
Has Fireplace
Equipment, Mantel(s), Screen, Wood
Fireplaces: 1
Exterior Details
Property Manager Present
Front Foot Fee: $0
Front Foot Fee Payment Frequency: Annually
Ownership Interest: Condominium
Year Built Source: Assessor
Foundation Details: Slab
Other Structures: Above Grade, Below Grade
Structure Type: Twin/Semi-Detached
Window Features: Double Pane
Construction Materials: Vinyl Siding
Building Name: ROSSMOOR MUTUAL
Community Pool
Tidal Water: N
Land Assessed Value: $331,667
Finished Square Feet: 1193
Finished Square Feet Source: Assessor
Financial Details
County Tax: $3,660
County Tax Payment Frequency: Annually
City Town Tax: $0
City Town Tax Payment Frequency: Annually
Tax Assessed Value: $331,667
Tax Year: 2022
Tax Annual Amount: $3,849
Year Assessed: 2022
Utilities Details
Cooling Type: Heat Pump(s)
Heating Type: Heat Pump(s)
Cooling Fuel: Electric
Heating Fuel: Electric
Hot Water: Electric
Sewer Septic: Public Sewer
Water Source: Public
Location Details
HOA/Condo/Coop Fee Includes: Air Conditioning, Cable TV, Electricity, Ext Bldg Maint, Heat, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Lawn Maintenance, Management, Insurance, Reserve Funds, Sewer, Snow Removal, Trash, Water, Security Gate
HOA/Condo/Coop Amenities: Club House, Common Grounds, Community Center, Gated Community, Golf Course Membership Available, Jog/Walk Path, Party Room, Pool Mem Avail, Pool - Outdoor, Retirement Community, Security, Tennis Courts, Transportation Service
Condo/Coop Fee: $742
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 |
|---|---|---|---|---|---|---|---|
|
10/20/2022
|
3 Bed
|
2 Bath
|
1193 ft²
|
$399,000
3 Bed
2 Bath
1193 ft²
|
$401,500
+0.63%
01/31/2023
|
Trevor Moore
Compass
|
Building Info
About Rossmoor
Similar Homes for Sale
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Listed by: Trevor Moore
Compass
Last Updated: 6 hours ago
Data Source: Bright MLS , MLS# MDMC2072578
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Compass
Last Updated: 6 hours ago
Data Source: Bright MLS , MLS# MDMC2072578
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