2
Map
$130,000
●
Condo -
Off Market
3510 FOREST EDGE DRIVE #161B
SILVER SPRING, MD 20906
2 Beds
2 Baths
1,157 Ft²
$164,604
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model
About This Property
This property is being sold "as Is'. A terrific opportunity
to own this South facing 2BR/BA unit in Forest Glade, Mutual 14,
with great Rehab Potential. The property is conveniently
located close to Club House 1 and the Main Gate. A
great investment opportunity as a fixer upper or an investor
flipper. The new owner must buy and live in the unit or buy
and renovate and re-sell. There is no rental potential for
the first two years of ownership. The H2O heater and side by
side washer/ dryer are new since 2016. The glass enclosed patio
is sunny and bright throughout the day. Green grass and
spring time cherry trees in bloom enhance the lovely
view. Enjoy an evening stroll on the lovely lighted walkway
just beyond your backyard patio.
Unit Size
1,157 Ft²
Days on Market
-
Land Size
-
Price per sqft
$125
Property Type
Condo
Property Taxes
$113
HOA Dues
$718
Year Built
-
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
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 #MDMC2009876)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 30, 2021 | Sold | ||
| Sold | |||
| Dec 2, 2021 | Listed by Weichert, REALTORS | $225,000 | |
| Listed by Weichert, REALTORS | |||
   | |||
|
55+ Gated Community. Beautifully renovated ground level unit. 2 bedroom 2 bath. enclosed balcony. freshly painted, new vinyl plank flooring, new kitchen with granite counters and stainless still appliances. new bathrooms. New light fixtures.
Community offers 2 club houses, restaurants, 18 hole golf course, tennis courts, indoor and outdoor swiming pool, and much much more!
| |||
| Sep 14, 2021 | Sold | ||
| Sold | |||
| Aug 6, 2021 | Listed by Weichert, REALTORS | $145,000 | |
| Listed by Weichert, REALTORS | |||
Property Highlights
Parking Available
Elevator
Air Conditioning
Interior Details
Full Bathrooms: 2
Interior Features: Bar, Carpet, Combination Kitchen/Living, Dining Area, Entry Level Bedroom, Floor Plan - Traditional, Kitchen - Country
Appliances: Dishwasher, Disposal, Dryer, Electric Oven, Range Hood, Refrigerator, Washer
Exterior Details
Has Property Attached
Square Footage: 1157
Square Footage Source: $0
Architectural Style: Traditional, Unit/Flat
Year Built Source: Assessor
Year Built: 1977
Levels: 1
Other Structures: Above Grade, Below Grade
Construction Materials: Block, Brick, Concrete, Combination, Mixed
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, Security, Sewer, Snow Removal, Trash, Water, Bus Service, Ext Bldg Maint, Heat, High Speed Internet, Lawn Maintenance, Pool(s), Reserve Funds, Road Maintenance, Other
HOA/Condo/Coop Amenities: Billiard Room, Clubhouse, Elevator(s), Storage, Fitness Center, Game Room, Golf Course, Meeting Room, Party Room, Picnic Area, Security, Shuffleboard Court, Tennis Court(s), Other, Art Studio, Bank / Banking On-site, Bar/Lounge, Cable, Common Grounds, Gated Community, Golf Club, Library, Newspaper Service, Pool - Outdoor, Pool - Indoor, Pool Mem Avail, Putting Green, 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 |
|---|---|---|---|---|---|---|---|
|
12/06/2024
|
2 Bed
|
2 Bath
|
1273 ft²
|
$220,000
2 Bed
2 Bath
1273 ft²
|
$220,000
01/10/2025
|
Marilyn Greggs
Weichert, REALTORS
| |
|
10/01/2024
|
1 Bed
|
2 Bath
|
946 ft²
|
$165,000
1 Bed
2 Bath
946 ft²
|
$165,000
10/28/2024
|
Adrienne Thiry
Weichert, REALTORS
| |
|
12/02/2023
|
3 Bed
|
2 Bath
|
1415 ft²
|
$285,000
3 Bed
2 Bath
1415 ft²
|
$281,000
-1.40%
01/10/2024
|
Sudha Baxter
Weichert, REALTORS
| |
|
04/15/2023
|
3 Bed
|
2 Bath
|
1415 ft²
|
$220,000
3 Bed
2 Bath
1415 ft²
|
$220,000
05/19/2023
|
Jan Brito
Compass
| |
|
08/26/2022
|
2 Bed
|
2 Bath
|
1157 ft²
|
$209,500
2 Bed
2 Bath
1157 ft²
|
$207,000
-1.19%
12/02/2022
|
Manuela Thoms
Weichert, REALTORS
| |
|
01/10/2022
|
3 Bed
|
2 Bath
|
1415 ft²
|
$238,000
3 Bed
2 Bath
1415 ft²
|
$220,000
-7.56%
03/21/2022
|
Barbara Milton
Weichert, REALTORS
| |
|
08/06/2021
|
2 Bed
|
2 Bath
|
1157 ft²
|
$145,000
2 Bed
2 Bath
1157 ft²
|
$130,000
-10.34%
10/08/2021
|
Marilyn E Greggs
Weichert, REALTORS
| |
|
09/23/2021
|
2 Bed
|
2 Bath
|
1157 ft²
|
$199,500
2 Bed
2 Bath
1157 ft²
|
$180,000
-9.77%
11/24/2021
|
Carolyn Simpkins
Weichert, REALTORS
| |
|
08/19/2021
|
2 Bed
|
2 Bath
|
1412 ft²
|
$234,500
2 Bed
2 Bath
1412 ft²
|
$234,500
10/27/2021
|
Muhammad mir
First American Real Estate
| |
|
07/16/2018
| |
2 Bed
|
2 Bath
|
1273 ft²
|
-
2 Bed
2 Bath
1273 ft²
|
-
-
|
-
|
|
09/18/2015
|
1 Bed
|
1 Bath
|
946 ft²
|
$99,999
1 Bed
1 Bath
946 ft²
|
$91,000
-9.00%
10/27/2015
|
John Radcliffe
Weichert, REALTORS
| |
|
05/15/2015
|
3 Bed
|
2 Bath
|
1415 ft²
|
$169,000
3 Bed
2 Bath
1415 ft²
|
$165,000
-2.37%
06/30/2015
|
Sue Heyman
Weichert, REALTORS
|
Building Info
About Rossmoor
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Marilyn E Greggs
Weichert, REALTORS
Last Updated: 11 hours ago
Data Source: Bright MLS , MLS# MDMC2009876
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: 11 hours ago
Data Source: Bright MLS , MLS# MDMC2009876
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017