14
Map
$122,000
●
Condo -
Off Market
3500 FOREST EDGE DRIVE #2C
SILVER SPRING, MD 20906
2 Beds
2 Baths
1,273 Ft²
$231,443
RealtyHop Estimate
78.03%
Since Jul 1, 2015
National-US
Primary Model
About This Property
FANTASTIC 2 BEDROOM 2 BATH CONDO WITH ENCLOSED BALCONY AND
CARPORT !! lOCATED IN THIS SENIOR COMMUNITY WITH ON SITE BUS
SERVICE TO METR0 .THE INTEROR HAS NEW CAPRETING AND
REMODELED BATHS.WITH WALK IN TUB. WET BAR IN LIVING ROOM AND
UPDATED KITCHEN WIHT MICROWAVE. ALL UTILITIES ARE INCLUDED IN CONDO
FEE
Unit Size
1,273 Ft²
Days on Market
-
Land Size
-
Price per sqft
$102
Property Type
Condo
Property Taxes
$97
HOA Dues
$677
Year Built
-
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Cap Rate Calculator
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Monthly Rental Income
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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: 2 months ago (Bright MLS #1002317647)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 25, 2015 | Sold | ||
| Sold | |||
| Mar 27, 2015 | Listed by Weichert, REALTORS | $129,999 | |
| Listed by Weichert, REALTORS | |||
Property Highlights
Parking Available
Elevator
Air Conditioning
Parking Details
Has Carport
Parking Features: Carport
Open Parking Spaces: 1
Interior Details
Full Bathrooms: 2
Interior Features: Combination Dining/Living, Floor Plan - Traditional
Exterior Details
Has Property Attached
Square Footage: 1273
Square Footage Source: $0
Architectural Style: Traditional
Year Built Source: Estimated
Year Built: 1977
Building Name: LEISURE WORLD
Levels: 1
Other Structures: Above Grade
Construction Materials: Brick
Water Source: Public
Financial Details
Tax Assessed Value: $100,000
Tax Annual Amount: $1,164
Utilities Details
Cooling Type: Central Air
Heating Type: Baseboard, Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Cable TV, Electricity, Insurance, Trash, Snow Removal, Sewer, Water, Air Conditioning, Heat, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Lawn Maintenance, Management, Pool(s), Recreation Facility, Reserve Funds, Road Maintenance
HOA/Condo/Coop Amenities: Billiard Room, Clubhouse, Elevator(s), Exercise Course, Fitness Center, Golf Course, Meeting Room, Party Room, Picnic Area, Security, Shuffleboard Court, Tennis Court(s), Art Studio, Bank / Banking On-site, Bar/Lounge, Common Grounds, Community Center, Gated Community, Golf Club, Golf Course Membership Available, Jog/Walk Path, Lake, Library, Newspaper Service, Pool - Indoor, Pool - Outdoor, Recreational Center, Reserved/Assigned Parking, Retirement Community
Condo/Coop Fee: $677
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 |
|---|---|---|---|---|---|---|---|
|
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: John H Radcliffe
Weichert, REALTORS
Last Updated: 0 hours ago
Data Source: Bright MLS , MLS# 1002317647
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: 0 hours ago
Data Source: Bright MLS , MLS# 1002317647
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