610 ELLSWORTH DR
About This Property
Want to escape the hustle and bustle of city life while still enjoying all the benefits of urban living? This absolutely stunning brick colonial in Silver Spring is the answer you've been looking for. With three bedrooms, two full and two half baths, and a charming floor plan with hardwood floors, this home is the perfect spot to raise a family.
Located on a beautiful hill with a nearly flat rear entrance, parking, and detached garage, this home offers treetop neighborhood views and is within 10 minutes walking distance to downtown Silver Spring, Whole Foods, movies, shopping, restaurants, and awesome weekly Farmer's Market, and a 15-minute walk to the Silver Spring Metro. Have a four-legged Fido in your household? The Ellsworth Dog Park is a 2-minute walk across the street. What's more? You'll find Sligo Creek Park 10 minutes in the other direction to enjoy walking, biking, hiking, tennis, tot lots, and more, making it the perfect place for outdoor activities and neighborhood involvement.
Amenities abound throughout, including wood floors, modern windows, four bathrooms. and updated fixtures. The renovated kitchen is a chef's dream with gorgeous white quartz countertops, stainless appliances, and new cabinets. Enjoy your morning coffee in the sunroom or entertain guests in the dining room that flows seamlessly into the kitchen. The living room is stylish with a fireplace and custom high-end built-ins, while the finished lower level provides for an office, guestroom, playroom, or entertainment with rear outside access.
Upstairs the owner's suite is an awesome retreat with a private updated full bath while the second and third bedrooms, as well as the hall full bath, are nicely refreshed and awash with natural light. Outside find a summer oasis, with a large patio for evening soirees with a view - the perfect sanctuary to decompress after a long day. The detached garage and driveway provide lots of storage space for a car or other life necessities. The mature and gorgeous landscaping will not disappoint. Don't miss this opportunity to live in this perfect haven away from the city. Whether you want to make new friends or live your best life, this home and neighborhood has it all. All offers are to be submitted on the Final Offer platform. Ask your agent for details
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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.
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About Silver Spring
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017