802 STIRLING RD
About This Property
The main level features a beautifully renovated kitchen and bathrooms, an expansive living room with a cozy wood-burning fireplace, and an office/library with custom built-ins. The deck off the dining/family room overlooks your flat, landscaped backyard, complete with a patio, shed, play equipment, and room for entertaining.
The vibe here is light and open, with a dramatic spiral staircase flanked by two-story windows looking out onto your backyard oasis. This is a rambler with an incredible addition, and it's located in the highly sought-after South Four Corners community. You're just minutes away from the Forest Glen Metro station and I-495, making your commute a breeze. Plus, you're surrounded by green spaces like Argyle Park with its playgrounds, pickleball and tennis courts, and even an activity center available for indoor events. Sligo Creek Park is nearby, giving you even more options for biking, hiking, and outdoor recreation.
And let's talk lifestyle – South Four Corners is known for its tight-knit community. The South Four Corners Civic Association (SFCCA) fosters this sense of connection with events like ice cream socials, plant swaps, a Halloween Parade, and more. The neighborhood has a welcoming vibe, and new residents are greeted with welcome bags, making it easy to settle in.
Silver Spring was named one of the best places to live by Fortune magazine in 2024, and it's easy to see why. The area offers the perfect balance of suburban charm and urban convenience, with easy access to shopping, restaurants, top-rated Montgomery County Schools (Northwood High School cluster), and Downtown Silver Spring. All of this is wrapped up for $795,000 – don't miss your shot to make this one yours!
*All references to square footage are approximate.*
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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.
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About Silver Spring
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017