$594,500
●
House -
Off Market
521 RIDGEWELL WAY
SILVER SPRING, MD 20902
5 Beds
3 Baths,
1
Half Bath
2,504 Ft²
$819,598
RealtyHop Estimate
33.27%
Since Aug 1, 2019
DC-Washington
Primary Model
About This Property
Rarely available, contemporary colonial with 4 BEDROOMS UPSTAIRS
situated in cul-de-sac within sought after KEMP MILL FOREST - a
peaceful, no outlet neighborhood of very few houses! A
sun-filled, move in ready home featuring a two story entry foyer,
beautiful custom flooring on main and upper levels, and three main
level living areas for easy entertaining. Fabulous family
room is enhanced by wood burning fireplace, vaulted ceilings,
skylights and a sliding door that opens to a deck. Open,
light-filled eat-in kitchen. Master bathroom with separate
shower and tub. Daylight walkout lower level with recreation
area, bedroom and full bath. 2 car garage plus driveway.
Home situated on gorgeous lot and backs to trees.
Adjacent to Wheaton Regional Park, several hiking trails and
playgrounds, and only a few blocks away from Brookside Gardens.
2 swim clubs nearby. Convenient to Kemp Mill Shopping
Center, Westfield Wheaton, Target and Costco. Perfect
commuter home: Red Line Wheaton and Glenmont metro stops;
I-495, ICC and Route 29. Don't miss this incredible
opportunity.
Unit Size
2,504 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$246
Property Type
House
Property Taxes
$507
HOA Dues
-
Year Built
1986
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 3 months ago (Bright MLS #MDMC660378)
Price History
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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ft²
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About Kemp Mill
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Listed by: Adam S Bashein
RE/MAX Realty Group
Last Updated: 3 hours ago
Data Source: Bright MLS , MLS# MDMC660378
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RE/MAX Realty Group
Last Updated: 3 hours ago
Data Source: Bright MLS , MLS# MDMC660378
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