4240 SILVER SPRING ROAD
About This Property
Remodeled From Top to Bottom! 3-bedroom, 2-bathroom Upon entering, you're greeted by new LVP flooring and abundant natural light streaming through the windows The living area features fresh paint, lighting, flooring and trim, and seamlessly flows into the dining room and the brand new kitchen with new cabinets, kitchen island, pendant lighting, recessed lighting, brand new stainless steel appliances (built in microwave, gas stove, dishwasher, and double door refrigerator with ice maker), LVP Flooring, and granite countertops, Down the hall, you'll find three spacious bedrooms with ample storage and an completely redone full bathroom. The lower level is newly finished with an office, family room, new full bath, and laundry room. For the Car Buff, the 2 car oversized brick oversized is equally impressive with double wide driveway as parking is never an issue, a fully fenced yard with privacy trees and perfect for entertaining. Conveniently located near major commuter routes, shopping, restaurants, schools, and parks, this home offers both beauty and practicality. Come take a look!
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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%.
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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.
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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 |
|---|---|---|---|
| Feb 28, 2025 | Sold | ||
| Sold | |||
| Jan 28, 2025 | In contract | - | |
| In contract | |||
| Jan 3, 2025 | Listed by Charis Realty Group | $395,000 | |
| Listed by Charis Realty Group | |||
| | |||
|
Spacious Brick Rancher with 2,268 finished square feet, nestled on a spacious .45 acre lot (great for entertaining), this home boasts numerous upgrades that will surely impress.
Remodeled From Top to Bottom! 3-bedroom, 2-bathroom Upon entering, you're greeted by new LVP flooring and abundant natural light streaming through the windows The living area features fresh paint, lighting, flooring and trim, and seamlessly flows into the dining room and the brand new kitchen with new cabinets, kitchen island, pendant lighting, recessed lighting, brand new stainless steel appliances (built in microwave, gas stove, dishwasher, and double door refrigerator with ice maker), LVP Flooring, and granite countertops, Down the hall, you'll find three spacious bedrooms with ample storage and an completely redone full bathroom. The lower level is newly finished with an office, family room, new full bath, and laundry room. For the Car Buff, the 2 car oversized brick oversized is equally impressive with double wide driveway as parking is never an issue, a fully fenced yard with privacy trees and perfect for entertaining. Conveniently located near major commuter routes, shopping, restaurants, schools, and parks, this home offers both beauty and practicality. Come take a look!
| |||
| Jul 25, 2024 | Sold | ||
| Sold | |||
| Jul 10, 2024 | In contract | - | |
| In contract | |||
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About Perry Hall
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017