716 DOWNS DRIVE
About This Property
Discover the incredible space and versatility offered by this charming split-level home! This property features Seven bedrooms and Four full bathrooms spread across three finished levels, including a cozy lower level perfect for guests or additional living space. Built in 1963 and set on a generous 0.28-acre lot, the home offers approximately 3,000 sq ft of living area, with classic brick construction, and a welcoming family room with fireplace. The flexible floor plan is ideal for offering privacy and comfort with Two bedrooms on the main level, Three upstairs, and Two downstairs, plus spacious living and dining areas perfect for entertaining. Enjoy off-street parking via a driveway, a finished basement area ready to become a rec room or home office, and a prime location in Springbrook Terrace-just moments from parks, shopping, and downtown Silver Spring. Combining size, location, and opportunity, this home invites you to bring your vision and make it your own!
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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 |
|---|---|---|---|
| Jan 29, 2026 | Sold | ||
| Sold | |||
| Nov 8, 2025 | Price Decreased |
$679,900
↓ $20K
(2.9%) | |
| Price Decreased | |||
| Oct 7, 2025 | Relisted | $699,900 | |
| Relisted | |||
| Aug 11, 2025 | In contract | - | |
| In contract | |||
| Aug 6, 2025 | Price Decreased |
$699,900
↓ $50K
(6.7%) | |
| Price Decreased | |||
Property Highlights
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About White Oak
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$4,100 /mo
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$2,900 /mo
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The Agency DC
Last Updated: 5 hours ago
Data Source: Bright MLS , MLS# MDMC2187716
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017