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Map
3510 FOREST EDGE DRIVE #2D
About This Property
Leisure World is a premier, gated 55+ active adult community spanning 610 acres of beautiful, well-maintained landscapes, where residents enjoy a vibrant, maintenance-free lifestyle surrounded by like-minded neighbors. This resort-style haven offers an impressive array of amenities designed to promote health, social connection, and leisure, including two spacious clubhouses that host events, classes, and gatherings; three recently renovated restaurants for convenient dining; both indoor and outdoor pools for year-round swimming; a state-of-the-art fitness center with modern equipment and scenic golf course views; an 18-hole championship golf course recognized for environmental excellence; tennis and pickleball courts; walking trails that wind through pristine grounds; and numerous resident-led clubs and organizations - ranging from arts and hobbies to lectures and live entertainment. With 24-hour security providing peace of mind, on-site services like a MedStar Health medical center, and easy access to nearby shopping, transportation, and the cultural attractions of the greater Washington, D.C. region, Leisure World fosters an engaging, carefree environment where you can stay active, make lasting friendships, and truly live better every day.
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 30, 2026 | Sold | ||
| Sold | |||
| Jul 12, 2026 | In contract | - | |
| In contract | |||
| Jul 1, 2026 | Listed by Silver Spring Real Estate | $220,000 | |
| Listed by Silver Spring Real Estate | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
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
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017