$350,000
●
Condo -
Off Market
3703 DULWICK #39A
SILVER SPRING, MD 20906
2 Beds
2 Baths
1,004 Ft²
$2,639
Est. Monthly
$920
HOA / Fees
10.00%
Cap Rate
About This Property
* use Dulwick for Google Maps**.
55+ adult community of Leisure World. This villa-like Nottingham model is a rambler style situated on a beautiful lot; conveniently located by the main Leisure World entrance. Space galore from the foyer to the large dining room/living room with electric fireplace to the very spacious multipurpose family room addition (with extra large storage room). There's a roomy primary bedroom with en suite bath and a second nice-sized bedroom with a full bathroom featuring a new step-in shower located just outside in the hall. A built-in everything closet is across from the full washer and dryer laundry closet. A galley kitchen with pass-through into the dining area has a set of sliding glass doors that lead to the inviting fenced-in back patio. Parking for two cars in the driveway and ample street parking. CONDO FEE INCLUDES ALL UTILITIES + ROOF/EXTERIOR MAINTENANCE AND HOA FEE! Also includes 24/7 security, snow and trash removal, state of the art fitness center, pools, tennis courts, and an 18 hole golf course (membership required). There is also a medical center, post office, restaurants, and library all located in Leisure World. The amenities are abundant!
**The buyer pays a 3% fee, or $2000 whichever is greater, to Leisure World toward the Resale Capital Improvement Fund plus a $350 membership transfer fee at settlement**
55+ adult community of Leisure World. This villa-like Nottingham model is a rambler style situated on a beautiful lot; conveniently located by the main Leisure World entrance. Space galore from the foyer to the large dining room/living room with electric fireplace to the very spacious multipurpose family room addition (with extra large storage room). There's a roomy primary bedroom with en suite bath and a second nice-sized bedroom with a full bathroom featuring a new step-in shower located just outside in the hall. A built-in everything closet is across from the full washer and dryer laundry closet. A galley kitchen with pass-through into the dining area has a set of sliding glass doors that lead to the inviting fenced-in back patio. Parking for two cars in the driveway and ample street parking. CONDO FEE INCLUDES ALL UTILITIES + ROOF/EXTERIOR MAINTENANCE AND HOA FEE! Also includes 24/7 security, snow and trash removal, state of the art fitness center, pools, tennis courts, and an 18 hole golf course (membership required). There is also a medical center, post office, restaurants, and library all located in Leisure World. The amenities are abundant!
**The buyer pays a 3% fee, or $2000 whichever is greater, to Leisure World toward the Resale Capital Improvement Fund plus a $350 membership transfer fee at settlement**
Unit Size
1,004 Ft²
Days on Market
39 days
Land Size
-
Price per sqft
$349
Property Type
Condo
Property Taxes
$339
HOA Dues
$920
Year Built
-
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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 years ago (Bright MLS #MDMC2152484)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 12, 2024 | Sold | ||
| Sold | |||
| Nov 4, 2024 | In contract | - | |
| In contract | |||
| Oct 17, 2024 | Listed by RE/MAX Advantage Realty | $350,000 | |
| Listed by RE/MAX Advantage Realty | |||
| May 29, 2020 | Sold | ||
| Sold | |||
| Dec 8, 2019 | Listed by RE/MAX Realty Group | $299,000 | |
| Listed by RE/MAX Realty Group | |||
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Are you 55+ and looking to right-size your life? This bright and cheery modified Nottingham model in Leisure World is the place for you! Featuring two bedrooms and two baths, a beautifully updated kitchen with exit to private patio, a bright and spacious family room with a large storage closet and exit to patio, a living room with electric fireplace, and full-size washer/dryer. Parking for two (no need to use your car!), walking paths outside the door, and all of Leisure World amenities await--hobby clubs, trips, golf, swimming, tennis, fitness center, more! Please note that Leisure World has two one-time fees that will be charged to the buyer at settlement.
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Property Highlights
Air Conditioning
With View
Parking Details
Parking Features: Driveway
Total Garage and Parking Spaces: 2
Interior Details
Bedrooms on Main Level: 2
Interior Features: Dining Area, Floor Plan - Traditional
Appliances: Dishwasher, Disposal, Dryer, Humidifier, Oven/Range - Electric, Stove, Washer
Living Area Square Feet Source: Estimated
Laundry Type: Dryer In Unit, Washer In Unit
Exterior Details
Front Foot Fee: $0
Front Foot Fee Payment Frequency: Annually
Ownership Interest: Condominium
Property Condition: Very Good
Year Built Source: Assessor
Foundation Details: Slab
Other Structures: Above Grade, Below Grade
Structure Type: Twin/Semi-Detached
Construction Materials: Other
Building Name: ROSSMOOR MUTUAL #12
Outdoor Living Structures: Patio(s)
Community Pool
Tidal Water: N
Land Assessed Value: $335,000
Finished Square Feet: 1004
Finished Square Feet Source: Estimated
Financial Details
County Tax: $3,857
County Tax Payment Frequency: Annually
City Town Tax: $0
City Town Tax Payment Frequency: Annually
Tax Assessed Value: $335,000
Tax Year: 2024
Tax Annual Amount: $4,068
Year Assessed: 2024
Utilities Details
Central Air
Cooling Type: Ceiling Fan(s), Central A/C, Ductless/Mini-Split
Heating Type: Baseboard - Electric, Forced Air
Cooling Fuel: Electric
Heating Fuel: Electric
Hot Water: Electric
Sewer Septic: Public Sewer
Water Source: Public
Location Details
HOA/Condo/Coop Fee Includes: Air Conditioning, Cable TV, Common Area Maintenance, Electricity, Heat, Insurance, Lawn Maintenance, Reserve Funds, Security Gate, Sewer, Snow Removal, Trash, Water
HOA/Condo/Coop Amenities: Fitness Center, Gated Community, Golf Course Membership Available, Jog/Walk Path, Library, Meeting Room, Party Room, Pool - Outdoor, Putting Green, Retirement Community, Security, Tennis Courts, Other
HOA Fee: $0
HOA Fee Frequency: Monthly
Condo/Coop Fee: $920
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 |
|---|---|---|---|---|---|---|---|
|
10/17/2024
|
2 Bed
|
2 Bath
|
1004 ft²
|
$350,000
2 Bed
2 Bath
1004 ft²
|
$350,000
12/12/2024
|
Kimberly Edson
RE/MAX Advantage Realty
| |
|
12/08/2019
|
2 Bed
|
2 Bath
|
1004 ft²
|
$299,000
2 Bed
2 Bath
1004 ft²
|
$277,000
-7.36%
05/29/2020
|
Carmen Murphy
Samson Properties
|
Building Info
About Rossmoor
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Listed by: Kimberly Cavaliere
RE/MAX Advantage Realty
Last Updated: 3 hours ago
Data Source: Bright MLS , MLS# MDMC2152484
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RE/MAX Advantage Realty
Last Updated: 3 hours ago
Data Source: Bright MLS , MLS# MDMC2152484
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