1
Map
$70,000
●
Condo -
Off Market
3511 FOREST EDGE DRIVE #173F
SILVER SPRING, MD 20906
1 Bed
1 Bath,
1
Half Bath
850 Ft²
$141,754
RealtyHop Estimate
77.41%
Since Dec 1, 2015
National-US
Primary Model
About This Property
GREAT OPPORTUNITY TO LIVE IN LEISURE WORLD! 55+ AGE
RESTRICTED GATED COMMUNITY. IMMEDIATE OCCUPANCY, BALCONY,
WASHER & DRYER INSIDE THE UNIT, CARPORT PARKING AND AMPLE
GUEST PARKING. RARELY AVAILABLE 1 BEDROOM WITH 1.5 BATHS.
AMENITIES OF GOLF, TENNIS, SWIMMING POOLS, RESTAURANTS, CLUB
HOUSES AND MORE!
Unit Size
850 Ft²
Days on Market
-
Land Size
-
Price per sqft
$94
Property Type
Condo
Property Taxes
$60
HOA Dues
$570
Year Built
-
Payment Calculator
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Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
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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 #1002380885)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 23, 2015 | Sold | ||
| Sold | |||
| Oct 10, 2015 | Listed by Weichert, REALTORS | $79,900 | |
| Listed by Weichert, REALTORS | |||
Property Highlights
Elevator
Parking Available
Air Conditioning
Parking Details
Has Carport
Parking Features: Carport
Open Parking Spaces: 1
Interior Details
Half Bathrooms: 1
Full Bathrooms: 1
Interior Features: Kitchen - Galley, Dining Area, Window Treatments, Floor Plan - Open
Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Electric Oven, Refrigerator, Range Hood, Washer
Door Features: Sliding Glass
Exterior Details
Has Property Attached
Square Footage: 850
Square Footage Source: $0
Security Features: 24 Hour Security, Security Gate, Smoke Detector(s)
Architectural Style: Traditional
Year Built Source: Estimated
Year Built: 1977
Building Name: MUTUAL 14
Levels: 1
Other Structures: Above Grade
Construction Materials: Brick
Water Source: Public
Financial Details
Tax Assessed Value: $60,000
Tax Annual Amount: $716
Utilities Details
Cooling Type: Central Air
Heating Type: Baseboard, Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Cable TV, Maintenance Grounds, Electricity, Insurance, Snow Removal, Security, Air Conditioning, Ext Bldg Maint, Heat, Lawn Maintenance, Management, Reserve Funds
HOA/Condo/Coop Amenities: Clubhouse, Elevator(s), Exercise Course, Security, Tennis Court(s), Common Grounds, Community Center, Dining Rooms, Gated Community, Golf Course Membership Available, Jog/Walk Path, Pool - Indoor, Pool - Outdoor, Pool Mem Avail, Retirement Community, Swimming Pool
Condo/Coop Fee: $570
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 |
|---|---|---|---|---|---|---|---|
|
05/08/2025
|
2 Bed
|
2 Bath
|
1273 ft²
|
$225,000
2 Bed
2 Bath
1273 ft²
|
$220,000
-2.22%
06/06/2025
|
James Higgins
Weichert, REALTORS
| |
|
09/21/2024
|
1 Bed
|
2 Bath
|
946 ft²
|
$171,000
1 Bed
2 Bath
946 ft²
|
$178,000
+4.09%
11/13/2024
|
Carmen Murphy
Samson Properties
| |
|
02/18/2024
|
2 Bed
|
2 Bath
|
1273 ft²
|
$209,900
2 Bed
2 Bath
1273 ft²
|
$205,000
-2.33%
03/13/2024
|
Sudha Baxter
Weichert, REALTORS
| |
|
05/25/2023
|
2 Bed
|
2 Bath
|
1157 ft²
|
$189,900
2 Bed
2 Bath
1157 ft²
|
$200,000
+5.32%
07/06/2023
|
Karen Ranallo
Weichert, REALTORS
| |
|
05/13/2023
|
1 Bed
|
2 Bath
|
946 ft²
|
$160,000
1 Bed
2 Bath
946 ft²
|
$165,322
+3.33%
06/21/2023
|
Karen Rollings
EXP Realty, LLC
| |
|
05/15/2020
|
2 Bed
|
2 Bath
|
1157 ft²
|
$175,000
2 Bed
2 Bath
1157 ft²
|
$175,000
05/19/2021
|
Christine Colburn
Weichert, REALTORS
| |
|
02/15/2020
|
2 Bed
|
2 Bath
|
1273 ft²
|
$179,899
2 Bed
2 Bath
1273 ft²
|
$181,000
+0.61%
06/19/2020
|
John H Radcliffe
Weichert, REALTORS
| |
|
11/28/2017
|
3 Bed
|
2 Bath
|
1415 ft²
|
$214,900
3 Bed
2 Bath
1415 ft²
|
$213,000
-0.88%
01/24/2018
|
Christine Sherrod
Weichert, REALTORS
| |
|
11/25/2017
|
3 Bed
|
2 Bath
|
1415 ft²
|
$184,900
3 Bed
2 Bath
1415 ft²
|
$172,500
-6.71%
08/15/2018
|
Marilyn Chmielewski
Weichert, REALTORS
| |
|
11/20/2016
|
3 Bed
|
2 Bath
|
1415 ft²
|
$184,900
3 Bed
2 Bath
1415 ft²
|
$175,000
-5.35%
02/03/2017
|
John Radcliffe
Weichert, REALTORS
| |
|
11/24/2015
|
3 Bed
|
2 Bath
|
1415 ft²
|
$175,000
3 Bed
2 Bath
1415 ft²
|
$176,000
+0.57%
02/10/2016
|
Matthew A Lancelotta
RE/MAX Realty Group
| |
|
10/10/2015
|
1 Bed
|
1 Bath
|
850 ft²
|
$79,900
1 Bed
1 Bath
850 ft²
|
$70,000
-12.39%
11/23/2015
|
John Radcliffe
Weichert, REALTORS
| |
|
03/16/2012
|
2 Bed
|
2 Bath
|
1273 ft²
|
$115,000
2 Bed
2 Bath
1273 ft²
|
$106,500
-7.39%
08/10/2012
|
Deborah Younkers
Weichert, REALTORS
| |
|
04/15/2011
|
2 Bed
|
2 Bath
|
1157 ft²
|
$101,300
2 Bed
2 Bath
1157 ft²
|
$97,500
-3.75%
01/06/2012
|
Marilyn Chmielewski
Weichert, REALTORS
|
Building Info
About Rossmoor
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Listed by: John H Radcliffe
Weichert, REALTORS
Last Updated: 9 hours ago
Data Source: Bright MLS , MLS# 1002380885
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: 9 hours ago
Data Source: Bright MLS , MLS# 1002380885
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