$171,000
●
Condo -
Off Market
3501 FOREST EDGE DR #141F
SILVER SPRING, MD 20906
1 Bed
2 Baths,
1
Half Bath
946 Ft²
$1,641
Est. Monthly
$801
HOA / Fees
14.01%
Cap Rate
About This Property
Nestled in the heart of an active adult community, this charming
1BD 1 1/2 condo offers convenience and community living at
its finest. Hardwood floors, updated kitchen, renovated
bathroom and granite countertop, Recently changed efficient
HVAC system and abundant storage space in the front of the carport
garage. All utilities + electricity included in the condo fee.
Custom-built, architecturally designed walk-out patio makes this
unit UNIQUE. Particularly suited for pet lovers and for genteel
socializing
Move-In Ready: With all the essentials in place, this condo is ready and waiting for you to move in and start making it your own. GCAAR forms for offers please. Seller requests to close with Village Settlements.
Move-In Ready: With all the essentials in place, this condo is ready and waiting for you to move in and start making it your own. GCAAR forms for offers please. Seller requests to close with Village Settlements.
Unit Size
946 Ft²
Days on Market
12 days
Land Size
-
Price per sqft
$181
Property Type
Condo
Property Taxes
$81
HOA Dues
$801
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 #MDMC2126916)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 21, 2024 | Sold | ||
| Sold | |||
| May 4, 2024 | In contract | - | |
| In contract | |||
| Apr 29, 2024 | Listed by Weichert, REALTORS | $171,000 | |
| Listed by Weichert, REALTORS | |||
| Mar 20, 2021 | No longer available | - | |
| No longer available | |||
| Mar 7, 2021 | Relisted | $150,000 | |
| Relisted | |||
Show More
Property Highlights
Parking Available
Elevator
Air Conditioning
Parking Details
Parking Features: Detached Carport
Detached Carport Spaces: 1
Total Garage and Parking Spaces: 1
Interior Details
Bedrooms on Main Level: 1
Living Area Square Feet Source: Estimated
Exterior Details
Ownership Interest: Condominium
Year Built Source: Estimated
Other Structures: Above Grade, Below Grade
Structure Type: Unit/Flat/Apartment
Construction Materials: Brick Veneer
Unit Building Type: Garden 1 - 4 Floors
Community Pool
Tidal Water: N
Land Assessed Value: $100,000
Finished Square Feet: 946
Finished Square Feet Source: Estimated
Financial Details
County Tax: $918
County Tax Payment Frequency: Annually
Tax Assessed Value: $100,000
Tax Year: 2021
Tax Annual Amount: $966
Year Assessed: 2021
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, Management, Snow Removal, Trash, Water, Electricity
HOA/Condo/Coop Amenities: Cable, Fitness Center, Gated Community, Golf Course, Golf Course Membership Available, Pool - Outdoor, Tennis Courts
HOA Fee: $0
HOA Fee Frequency: Monthly
Condo/Coop Fee: $801
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 |
|---|---|---|---|---|---|---|---|
|
04/23/2026
|
3 Bed
|
2 Bath
|
1415 ft²
|
$298,000
3 Bed
2 Bath
1415 ft²
|
$264,000
-11.41%
08/26/2026
|
Victor Llewellyn
Long & Foster Real Estate, Inc.
| |
|
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: Ledio Baboci
Weichert, REALTORS
Last Updated: 1 hours ago
Data Source: Bright MLS , MLS# MDMC2126916
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: 1 hours ago
Data Source: Bright MLS , MLS# MDMC2126916
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