23
Map
512 ELLSWORTH DRIVE
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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%.
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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.
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 |
|---|---|---|---|
| Aug 22, 2025 | Listed by Compass | $1,120,000 | |
| Listed by Compass | |||
| | |||
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As you step inside, you're welcomed by an open concept living and dining area, where dark hardwood floors stretch out beneath your feet and sunlight pours through large windows, enhancing the natural charm of the room and inviting you further in. The kitchen is a true centerpiece for entertaining friends and family, finished with sleek quartz countertops, stainless steel appliances, and a built-in banquette and dining area. Just off the kitchen, the family room offers both comfort and style with floor-to-ceiling bookshelves and a striking fireplace that serves as the heart of the space, drawing people together on cozy evenings.
Step through the back to a newly built wooden deck, spacious enough for a grill and seating, and enjoy tranquil views of the gently sloped backyard. The view from the kitchen banquette captures it all—lush greenery, a charming custom-built playhouse painted to match the main house, and a large fire pit for gathering friends under the stars. It's a place perfectly suited for those who crave both quiet nights outdoors and lively backyard cookouts.
Upstairs, the dark hardwood floors continue to flow, connecting four beautifully sized bedrooms, each bathed in natural light. In the basement, you’ll find a spacious area designed for entertaining guests, a full additional bathroom, and ample storage, offering flexibility and function in equal measure.
Perfectly positioned to enjoy all the neighborhood has to offer. Just a short walk from Sligo Creek Elementary, with its leading French immersion program, downtown Silver Spring, and Ellsworth Park with its playground, tennis courts, and dog park. The nearby Sligo Creek Trail offers endless opportunities for biking, walking, and family adventures, leading you to Sligo Golf Course and its beloved Friday Night Summer Concert Series. Zinnia, a cherished neighborhood spot, is just steps away—perfect for a morning coffee, an afternoon beer, or a cozy dinner.
| |||
| Jul 3, 2025 | Price Increased |
$1,120,000
↑ $70K
(6.7%) | |
| Price Increased | |||
| May 17, 2021 | Sold | ||
| Sold | |||
| Apr 6, 2021 | No longer available | - | |
| No longer available | |||
| Mar 15, 2021 | Listed by RE/MAX Realty Group | $915,000 | |
| Listed by RE/MAX Realty Group | |||
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About Silver Spring
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017