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702 MCNEILL ROAD
About This Property
Inside, over 3,000 square feet spread across three levels, with an attached basement garage accessible from the rear alley and the kind of original character that only time can create. Steps from walkable downtown Silver Spring, Metro, parks, and restaurants - the location is as exceptional as the setting.
Offered as-is by the original owner's estate. No central A/C; older systems; major rehab needed.
The location and lot are irreplaceable; the rest is an opportunity
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 5, 2026 | Sold | ||
| Sold | |||
| Jun 11, 2026 | Listed by Compass | $725,000 | |
| Listed by Compass | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017