19
Map
$173,000
●
Condo -
Off Market
3501 FOREST EDGE DRIVE #141B
SILVER SPRING, MD 20906
2 Beds
2 Baths
1,157 Ft²
$205,427
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model
About This Property
55+ Senior Living at an affordable price. 2 BR 2 FB Monte
Carlo model on ground level with enclosed patio. Carport
space and extra storage. Convenient location - midway
between the clubhouses. Condo Fee included Utilities.
Full size washer and dryer. Open space living and
dining room. Generous closet space. Enjoy all the
amenities of Leisure World - 2 club houses, indoor and outdoor
pools, golf, tennis, library, restaurants, meeting rooms, computer
center, walking paths, clubs for every interest, and so much more.
Unit Size
1,157 Ft²
Days on Market
-
Land Size
-
Price per sqft
$155
Property Type
Condo
Property Taxes
$113
HOA Dues
$718
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 months ago (Bright MLS #MDMC763656)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 31, 2021 | Sold | ||
| Sold | |||
| Jun 13, 2021 | Listed by Weichert, REALTORS | $179,500 | |
| Listed by Weichert, REALTORS | |||
Property Highlights
Parking Available
Elevator
Air Conditioning
Interior Details
Full Bathrooms: 2
Interior Features: Bar, Ceiling Fan(s), Carpet, Entry Level Bedroom, Floor Plan - Open, Primary Bath(s)
Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Electric Oven, Refrigerator, Washer, Stove
Exterior Details
Has Property Attached
Square Footage: 1157
Square Footage Source: $0
Security Features: Smoke Detector(s)
Property Condition: Very Good
Architectural Style: Unit/Flat
Year Built Source: Assessor
Year Built: 1977
Builder Name: IDI
Builder Model: MONTE CARLO
Levels: 1
Other Structures: Above Grade, Below Grade
Construction Materials: Brick, Concrete
Water Source: Public
Financial Details
Tax Assessed Value: $125,000
Tax Annual Amount: $1,352
Utilities Details
Cooling Type: Central Air
Heating Type: Baseboard - Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Cable TV, Maintenance Grounds, Electricity, Security, Sewer, Snow Removal, Trash, Water, Ext Bldg Maint, High Speed Internet, Lawn Maintenance, Management, Recreation Facility, Reserve Funds, Road Maintenance
HOA/Condo/Coop Amenities: Billiard Room, Fitness Center, Meeting Room, Picnic Area, Security, Tennis Court(s), Other, Art Studio, Bank / Banking On-site, Bike Trail, Cable, Common Grounds, Gated Community, Golf Course Membership Available, Library, Pool - Indoor, Pool - Outdoor, Reserved/Assigned Parking, Transportation Service
Condo/Coop Fee: $718
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 |
|---|---|---|---|---|---|---|---|
|
04/29/2024
|
1 Bed
|
1 Bath
|
946 ft²
|
$171,000
1 Bed
1 Bath
946 ft²
|
$171,000
05/21/2024
|
LEDIO BABOCI
Weichert, REALTORS
| |
|
10/12/2023
|
2 Bed
|
2 Bath
|
1273 ft²
|
$214,900
2 Bed
2 Bath
1273 ft²
|
$210,000
-2.28%
11/16/2023
|
Radford Riggles
Coldwell Banker Realty - Washington
| |
|
09/18/2023
|
2 Bed
|
2 Bath
|
1157 ft²
|
$199,000
2 Bed
2 Bath
1157 ft²
|
$199,000
12/14/2023
|
Marilyn Greggs
Weichert, REALTORS
| |
|
03/31/2022
|
3 Bed
|
2 Bath
|
1415 ft²
|
$250,000
3 Bed
2 Bath
1415 ft²
|
$250,000
05/13/2022
|
Marilyn E Greggs
Weichert, REALTORS
| |
|
01/28/2022
|
3 Bed
|
2 Bath
|
1415 ft²
|
$250,000
3 Bed
2 Bath
1415 ft²
|
$250,000
03/01/2022
|
Colleen B Corbey
Rory S. Coakley Realty, Inc.
| |
|
08/03/2021
|
2 Bed
|
2 Bath
|
1273 ft²
|
$224,900
2 Bed
2 Bath
1273 ft²
|
$125,000
-44.42%
09/27/2021
|
Barri Beck
RE/MAX Town Center
| |
|
06/13/2021
|
2 Bed
|
2 Bath
|
1157 ft²
|
$179,500
2 Bed
2 Bath
1157 ft²
|
$173,000
-3.62%
09/10/2021
|
Janice M Fife
Weichert, REALTORS
| |
|
02/15/2021
|
1 Bed
|
2 Bath
|
946 ft²
|
$150,000
1 Bed
2 Bath
946 ft²
|
-
-
|
-
| |
|
10/12/2020
|
2 Bed
|
2 Bath
|
1157 ft²
|
$183,999
2 Bed
2 Bath
1157 ft²
|
$183,000
-0.54%
04/01/2021
|
Nina Davis
Weichert, REALTORS
| |
|
06/22/2019
|
1 Bed
|
1 Bath
|
946 ft²
|
$115,000
1 Bed
1 Bath
946 ft²
|
$102,000
-11.30%
07/24/2019
|
John Radcliffe
Weichert, REALTORS
| |
|
06/19/2018
| |
2 Bed
|
2 Bath
|
-
|
-
2 Bed
2 Bath
|
-
-
|
-
|
|
03/24/2017
|
2 Bed
|
2 Bath
|
1273 ft²
|
$136,000
2 Bed
2 Bath
1273 ft²
|
$136,500
+0.37%
04/14/2017
|
LEDIO BABOCI
Weichert, REALTORS
| |
|
08/03/2015
|
3 Bed
|
2 Bath
|
-
|
$169,000
3 Bed
2 Bath
|
$170,000
+0.59%
08/31/2015
|
Barbara Milton
Weichert, REALTORS
| |
|
05/19/2013
|
2 Bed
|
2 Bath
|
1157 ft²
|
$111,900
2 Bed
2 Bath
1157 ft²
|
$113,000
+0.98%
08/21/2013
|
Vivian R Kirshenbaum
Weichert, REALTORS
| |
|
02/27/2013
|
1 Bed
|
1 Bath
|
946 ft²
|
$69,000
1 Bed
1 Bath
946 ft²
|
$67,000
-2.90%
07/12/2013
|
Vivian R Kirshenbaum
Weichert, REALTORS
|
Building Info
About Rossmoor
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Listed by: Janice M Fife
Weichert, REALTORS
Last Updated: 2 hours ago
Data Source: Bright MLS , MLS# MDMC763656
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: 2 hours ago
Data Source: Bright MLS , MLS# MDMC763656
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