33
Map
514 SILVER SPRING AVENUE
About This Property
The inviting living and dining room combination features recessed lighting, a fireplace, and French doors leading to the new rear deck. Adjacent to the living room, the bright chef's kitchen is thoughtfully designed with exquisite quartz countertops, Samsung stainless steel appliances (with a Maytag dishwasher), soft-close cabinetry, a gas range with a built-in griddle, and 12-inch tile flooring. The kitchen sink overlooks scenic views of the backyard and deck.
The main level includes an inviting bedroom or office with crown molding and a convenient powder room. Upstairs, you'll find two generously sized bedrooms, two renovated full baths, and a charming landing area. The primary bedroom features wood flooring, dual closets, and a private en-suite bath with a walk-in shower.
The finished lower level provides flexible living space, including a family room / fourth bedroom with tile flooring and overhead lighting, a bonus room with a wet bar, a beautifully appointed bathroom, and a laundry area. The basement includes a mini kitchenette, bathroom, and separate entrance-making it ideal as a rental unit or an in-law apartment.
Perched on a hill, the home sits on a deep lot featuring an expansive backyard, a deck for entertaining, a shed for additional storage, and a private driveway. The outdoor space offers a tranquil retreat with plenty of room to play, entertain, and unwind.
Located in the Blair neighborhood of Silver Spring, this home offers the perfect blend of peaceful residential living and urban convenience. Enjoy a welcoming community atmosphere with easy access to Sligo Creek Trails, community parks, shopping, dining, and entertainment in both Downtown Silver Spring and Takoma Park. Just 1.0 mile from the Takoma Metro Station and close to multiple bus lines. 514 Silver Spring Avenue is a completely renovated Cape Cod just steps from parks, trails, schools, restaurants, shops and transit!
Listed By
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Apr 22, 2026 | Relisted | $595,000 | |
| Relisted | |||
| Mar 22, 2026 | No longer available | - | |
| No longer available | |||
| Oct 27, 2025 | Price Decreased |
$595,000
↓ $44K
(6.9%) | |
| Price Decreased | |||
| Jun 6, 2025 | Listed by Perennial Real Estate | $639,000 | |
| Listed by Perennial Real Estate | |||
| Apr 30, 2025 | Price Decreased |
$687,900
↓ $1K
(0.2%) | |
| Price Decreased | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Silver Spring
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,950 /mo
- 3 Beds
- 2 Baths
- 1,130 ft²
$3,050 /mo
- 3 Beds
- 3 Baths
- 1,520 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017