608 BLICK DRIVE
About This Property
The main level includes three bedrooms, highlighted by a primary suite with a renovated bath featuring a marble tile wall surround and marble shower. Two additional bedrooms share a full hall bath with a stylish new vanity, and many closets throughout the home include built-in organizers for convenience and efficiency. The expansive lower-level family room offers direct access to the backyard and is accompanied by a fourth bedroom and half bath with an updated vanity. From here, the garage, laundry room, and driveway are easily accessible, providing functional everyday living.
Outdoors, the backyard is a private oasis with a sparkling pool, paver walkways and patios, and ample green space shaded by mature trees, including a blooming dogwood, creating a sense of tranquility and retreat.
The location combines suburban comfort with convenient access to Silver Spring's amenities. Residents enjoy nearby shopping centers, while outdoor enthusiasts can explore Brookside Gardens and Wheaton Regional Park with walking trails, sports facilities, and open green spaces. Commuters benefit from easy access to major thoroughfares including New Hampshire Avenue (MD 650), Colesville Road (US 29), I-495, and I-95, connecting quickly to downtown Silver Spring, Washington, D.C., Baltimore, and beyond.
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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.
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About Colesville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017