3825 DOC BERLIN DR #32
About This Property
Convenience abounds with a full-size washer and dryer in-unit, private garage parking for one car with plenty of space for storage. The secure building is also equipped with a large elevator and wide hallways for easy accessibility. The unit is freshly painted, deep cleaned, and ready for you to make it your own. With a low association fee and surrounded by nature, you can explore the walking trails and beauty of Lake Needwood and Lake Frank, and there's even a community playground and dog park.
Located just minutes from the Red Line Metro, public transportation, shopping, and dining. With easy access to Leisure World, Downtown Silver Spring, Rockville Town Center, Rio, the ICC, and 495, this home offers the perfect blend of convenience and lifestyle. Don't miss out on this amazing opportunity for luxurious stress free living in a safe and connected community. Open Sun March 2nd 2-4 or reach out for a private showing. Check out the floor plans and 3D tour in the linked property site.
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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 |
|---|---|---|---|
| Mar 29, 2024 | Sold | ||
| Sold | |||
| Mar 3, 2024 | In contract | - | |
| In contract | |||
| Feb 29, 2024 | Listed by Compass | $399,000 | |
| Listed by Compass | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/14/2025
|
2 Bed
|
2 Bath
|
1210 ft²
|
$439,900
2 Bed
2 Bath
1210 ft²
|
-
-
|
Bryan Kerrigan
Redfin Corp
| |
|
07/05/2024
|
2 Bed
|
2 Bath
|
1277 ft²
|
$405,000
2 Bed
2 Bath
1277 ft²
|
$410,000
+1.23%
08/26/2024
|
Bryan Kerrigan
Redfin Corp
| |
|
02/29/2024
|
2 Bed
|
2 Bath
|
1150 ft²
|
$399,000
2 Bed
2 Bath
1150 ft²
|
$410,000
+2.76%
03/29/2024
|
Michael Seay
Compass
| |
|
10/15/2020
| |
2 Bed
|
2 Bath
|
-
|
$389,000
2 Bed
2 Bath
|
-
-
|
-
|
Building Info
About Olney
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017