409 HILLMOOR DR
About This Property
The lower level features luxury vinyl plank (LVP) flooring, creating a cozy yet modern space. You'll love the sunroom addition with new flooring and windows all around, allowing for plenty of natural light. Additional highlights include paneled passage doors and generously sized secondary bedrooms.
Set on a spacious lot, the home offers a private, fenced-in backyard and a custom deck-ideal for outdoor gatherings. Located in the vibrant Woodmoor community, you'll enjoy events throughout the year, including the Fourth of July Parade, Oktoberfest, and holiday tree lighting. Conveniently situated near Starbucks, Santucci's Italian Deli, Woodmoor Bakery, and the Trader Joe's shopping center, this home offers both charm and convenience.
For commuters, Washington Metro service is available on the Red Line at the nearby Forest Glen and Silver Spring stations, providing easy access to the city. The property is also close to major routes like Route 29, Route 97, and the ICC/I-495, making travel a breeze. Additionally, the neighborhood is bordered by trails along Northwest Branch, perfect for nature lovers.
Don't miss your chance to call this beautiful property home!
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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.
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About Silver Spring
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017