$205,000
●
Condo -
Off Market
3500 FOREST EDGE DR #153E
SILVER SPRING, MD 20906
2 Beds
2 Baths
1,157 Ft²
$1,817
Est. Monthly
$884
HOA / Fees
8.32%
Cap Rate
About This Property
Spacious top floor unit with a beautiful view of the green space
beyond and afternoon/evening sun sets. Many updates throughout
including all new laminate floors in main living space and cozy
carpet in the bedrooms. Unit has been painted throughout and lovely
light curtains surround the windows. All fixtures have been
replaced including overhead lighting fixtures, door handles and
cabinet pulls. Unit has been thoroughly cleaned and windows
washed. The coffee bar off the kitchen is a great gathering
spot for entertaining and brewing your favorite beverage any time
of day. Kitchen is bright with a window over the kitchen sink.
Darker wood cabinets offset the bright white countertops.
Side by side washer/dryer are behind sliding doors across from the
pantry in the kitchen. Move in Ready.
Unit Size
1,157 Ft²
Days on Market
27 days
Land Size
-
Price per sqft
$164
Property Type
Condo
Property Taxes
$173
HOA Dues
$884
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: 2 years ago (Bright MLS #MDMC2154496)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 4, 2024 | Sold | ||
| Sold | |||
| Nov 8, 2024 | In contract | - | |
| In contract | |||
| Nov 1, 2024 | Listed by Weichert, REALTORS | $190,000 | |
| Listed by Weichert, REALTORS | |||
Property Highlights
Parking Available
Elevator
Air Conditioning
With View
Parking Details
Parking Features: Off Street, On Street, Detached Carport, Parking Lot
Detached Carport Spaces: 1
Total Garage and Parking Spaces: 2
Interior Details
Bedrooms on Main Level: 2
Interior Features: Bathroom - Tub Shower, Bathroom - Walk-In Shower, Carpet, Dining Area, Entry Level Bedroom, Flat, Floor Plan - Open, Floor Plan - Traditional, Kitchen - Country, Pantry, Window Treatments, WhirlPool/HotTub
Appliances: Built-In Range, Dishwasher, Disposal, Dryer - Electric, Exhaust Fan, Oven/Range - Electric, Range Hood, Refrigerator, Washer, Water Heater
Flooring Type: Laminate Plank, Partially Carpeted
Living Area Square Feet Source: Assessor
Laundry Type: Dryer In Unit, Washer In Unit
Exterior Details
Front Foot Fee: $0
Front Foot Fee Payment Frequency: Annually
Ownership Interest: Condominium
Property Condition: Very Good
Year Built Source: Assessor
Foundation Details: Slab
Other Structures: Above Grade, Below Grade
Structure Type: Unit/Flat/Apartment
Window Features: Double Pane, Screens
Construction Materials: Brick, Concrete, Glass
Unit Building Type: Garden 1 - 4 Floors
Outdoor Living Structures: Balcony
Community Pool
Tidal Water: N
Land Assessed Value: $175,000
Finished Square Feet: 1157
Finished Square Feet Source: Assessor
Financial Details
County Tax: $2,015
County Tax Payment Frequency: Annually
City Town Tax: $0
City Town Tax Payment Frequency: Annually
Tax Assessed Value: $175,000
Tax Year: 2024
Tax Annual Amount: $2,076
Year Assessed: 2024
Utilities Details
Central Air
Cooling Type: Central A/C
Heating Type: Baseboard - Electric
Cooling Fuel: Electric
Heating Fuel: Electric
Hot Water: Electric
Sewer Septic: Public Sewer
Water Source: Public
Location Details
HOA/Condo/Coop Fee Includes: Bus Service, Common Area Maintenance, High Speed Internet, Lawn Maintenance, Management, Pool(s), Road Maintenance, Security Gate, Sewer, Snow Removal, Trash, Water
HOA/Condo/Coop Amenities: Art Studio, Bank / Banking On-site, Common Grounds, Club House, Elevator, Extra Storage, Fencing, Fitness Center, Gated Community, Golf Club, Golf Course, Golf Course Membership Available, Jog/Walk Path, Library, Newspaper Service, Picnic Area, Pool - Outdoor, Pool - Indoor, Putting Green, Reserved/Assigned Parking, Security, Tennis Courts, Transportation Service
HOA Fee: $0
HOA Fee Frequency: Monthly
Condo/Coop Fee: $884
Washer/Dryer/Hook Up in Unit: Yes
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 |
|---|---|---|---|---|---|---|---|
|
10/17/2025
|
1 Bed
|
1 Bath
|
946 ft²
|
$185,000
1 Bed
1 Bath
946 ft²
|
$170,000
-8.11%
01/30/2026
|
William Ta
Long & Foster Real Estate, Inc.
| |
|
08/07/2025
|
1 Bed
|
1 Bath
|
946 ft²
|
$159,000
1 Bed
1 Bath
946 ft²
|
$160,000
+0.63%
08/29/2025
|
Emily Lurie
Long & Foster Real Estate, Inc.
| |
|
11/01/2024
|
2 Bed
|
2 Bath
|
1157 ft²
|
$190,000
2 Bed
2 Bath
1157 ft²
|
$205,000
+7.89%
12/04/2024
|
Marilyn Greggs
Weichert, REALTORS
| |
|
07/11/2024
|
2 Bed
|
2 Bath
|
1273 ft²
|
$125,000
2 Bed
2 Bath
1273 ft²
|
$145,000
+16.00%
08/01/2024
|
Kenneth Abramowitz
RE/MAX Town Center
| |
|
08/10/2023
|
1 Bed
|
2 Bath
|
946 ft²
|
$129,000
1 Bed
2 Bath
946 ft²
|
$105,000
-18.60%
09/15/2023
|
Marilyn Greggs
Weichert, REALTORS
| |
|
10/08/2023
|
1 Bed
|
2 Bath
|
946 ft²
|
$155,000
1 Bed
2 Bath
946 ft²
|
$135,000
-12.90%
02/15/2024
|
Lisa Sabelhaus
RE/MAX Town Center
| |
|
09/14/2023
|
2 Bed
|
2 Bath
|
1273 ft²
|
$219,900
2 Bed
2 Bath
1273 ft²
|
$205,000
-6.78%
11/21/2023
|
LEDIO BABOCI
Weichert, REALTORS
| |
|
09/14/2023
|
2 Bed
|
2 Bath
|
1273 ft²
|
$194,900
2 Bed
2 Bath
1273 ft²
|
$200,000
+2.62%
12/11/2023
|
Alexandra Magdaleno
Weichert, REALTORS
| |
|
08/02/2023
|
3 Bed
|
2 Bath
|
1415 ft²
|
$265,000
3 Bed
2 Bath
1415 ft²
|
$249,000
-6.04%
09/22/2023
|
LEDIO BABOCI
Weichert, REALTORS
| |
|
12/15/2021
|
2 Bed
|
2 Bath
|
1157 ft²
|
$200,000
2 Bed
2 Bath
1157 ft²
|
$205,000
+2.50%
02/08/2022
|
Arlisha Witcher
Weichert, REALTORS
| |
|
05/14/2021
|
3 Bed
|
2 Bath
|
1415 ft²
|
$250,000
3 Bed
2 Bath
1415 ft²
|
$250,000
07/21/2021
|
Marilyn E Greggs
Weichert, REALTORS
| |
|
08/07/2020
|
2 Bed
|
2 Bath
|
1157 ft²
|
$185,000
2 Bed
2 Bath
1157 ft²
|
$179,000
-3.24%
11/02/2020
|
Margaret Magnanelli
| |
|
04/01/2020
|
2 Bed
|
2 Bath
|
1273 ft²
|
$199,000
2 Bed
2 Bath
1273 ft²
|
$199,000
06/26/2020
|
Marilyn Greggs
Weichert, REALTORS
| |
|
07/30/2017
| |
3 Bed
|
2 Bath
|
1415 ft²
|
-
3 Bed
2 Bath
1415 ft²
|
-
-
|
-
|
|
06/14/2017
|
3 Bed
|
2 Bath
|
1415 ft²
|
$174,900
3 Bed
2 Bath
1415 ft²
|
$160,000
-8.52%
09/01/2017
|
Ashley Fitzgerald
Weichert, REALTORS
| |
|
12/30/2016
|
2 Bed
|
2 Bath
|
1157 ft²
|
$127,000
2 Bed
2 Bath
1157 ft²
|
$127,000
01/30/2017
|
Marilyn Greggs
Weichert, REALTORS
| |
|
03/27/2015
|
2 Bed
|
2 Bath
|
1273 ft²
|
$129,999
2 Bed
2 Bath
1273 ft²
|
$122,000
-6.15%
06/25/2015
|
John Radcliffe
Weichert, REALTORS
| |
|
01/12/2015
|
1 Bed
|
1 Bath
|
946 ft²
|
$89,900
1 Bed
1 Bath
946 ft²
|
$85,000
-5.45%
02/27/2015
|
Mary Young
RE/MAX Realty Group
| |
|
06/04/2013
|
3 Bed
|
2 Bath
|
1564 ft²
|
$154,999
3 Bed
2 Bath
1564 ft²
|
$153,000
-1.29%
09/18/2013
|
Paula M Nerret
RE/MAX Realty Centre, Inc.
|
Building Info
About Rossmoor
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Listed by: Marilyn Greggs
Weichert, REALTORS
Last Updated: 10 hours ago
Data Source: Bright MLS , MLS# MDMC2154496
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.
Weichert, REALTORS
Last Updated: 10 hours ago
Data Source: Bright MLS , MLS# MDMC2154496
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