735 SILVER SPRING AVENUE
About This Property
Upstairs, the home continues to impress with three generously sized bedrooms, two with their own en suite baths, offering a private retreat for every occupant. The primary suite boasts a spa-like bathroom and ample closet space, providing both comfort and luxury. The lower level extends the home's living space, featuring two additional bedrooms, a second living area, a spacious recreation room, and plenty of storage, making it perfect for entertaining, a home gym, or a media space.
Located in prime downtown Silver Spring, this home is just a short walk to the Silver Spring Metro Station (Red Line), making commuting to DC, Bethesda, and beyond effortless. Enjoy a vibrant neighborhood with some of the area's best dining, including J. Hollinger's, All Set, El Sapo Cuban Social Club, Mi Rancho, and The Urban Winery. Entertainment options are plentiful, with AFI Silver Theatre, The Fillmore, Silver Spring Civic Center, and Regal Majestic all nearby. Everyday conveniences are just minutes away, with easy access to Ellsworth Place, Whole Foods, Giant, and Target. Outdoor enthusiasts will appreciate being close to Sligo Creek Park, Acorn Urban Park, and nearby trails.
Blending modern upgrades, a functional layout, and an unbeatable location, this home offers the best of downtown Silver Spring living. Don't miss the opportunity to make 735 Silver Spring Ave your new home!
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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%.
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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