622 ELLSWORTH DRIVE
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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.
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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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| May 18, 2020 | Sold | ||
| Sold | |||
| Mar 31, 2020 | In contract | - | |
| In contract | |||
| Mar 19, 2020 | No longer available | - | |
| No longer available | |||
| Jan 31, 2020 | Listed | $849,000 | |
| Listed | |||
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Fully renovated Downtown Silver Spring Smart Home convenient to everything! Coveted, landscaped corner lot across the street from Ellsworth Park, which has a playground and one of largest dog parks in all of Montgomery Co. Gourmet kitchen for the pickiest of chefs. Master Bath heated floors, glass shower case, and Tote heated bidet/toilet. Walk to all that Downtown SS has to offer ~ a 20 theatre movie complex, mall/shopping, restaurants, Whole Foods/grocery, gyms, and much more ~ all part of the ongoing $10 Million SS rejuvenation just blocks away. Finished basement with a 4th bedroom complete with a posh en suite bathroom, extra space for office/workout/playroom, and plenty of storage. The manager has listed the unit size as 2250 square feet.
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About Silver Spring
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$5,750 /mo
- 3 Beds
- 4 Baths
- 3,060 ft²
$1,950 /mo
- 1 Bed
- 1 Bath
- 860 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017