506 BONIFANT STREET
About This Property
The formal dining room opens seamlessly to the renovated kitchen, which boasts new flooring , quartz counters and cabinetry. Beyond the kitchen, the expansive family room impresses with vaulted ceilings, a gas fireplace, a full bathroom, and direct access to the rear yard.
The upper level features three generously sized bedrooms and a full bathroom, while the lower level offers a recreation room, utility room, and an additional full bathroom-perfect for guests or extra living space. The home has been freshly painted and includes convenient off-street parking in the driveway.
Ideally located just one block from the upcoming Purple Line stop at Wayne Avenue and Dale Drive, offering easy access to Bethesda and the University of Maryland. Enjoy walkable convenience to Whole Foods, downtown Silver Spring shops, restaurants, and entertainment, with quick access to I-495 for effortless commuting. This is truly a commuter's dream location with timeless charm and modern updates throughout.
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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 |
|---|---|---|---|
| Feb 27, 2026 | Sold | ||
| Sold | |||
| Feb 12, 2026 | In contract | - | |
| In contract | |||
| Jan 21, 2026 | Listed by RLAH @properties | $775,000 | |
| Listed by RLAH @properties | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017