803 JOHNSON AVENUE
About This Property
While there is no access to the interior at this time, the exterior of the property presents an exciting opportunity to reimagine and renovate. With a solid foundation, you can envision a space that suits your needs and tastes. The private parking area ensures convenience, and the backyard offers a great blank canvas for outdoor projects, landscaping, or even creating your own oasis.
Positioned in a prime location, 803 Johnson Ave is ideally situated to take advantage of the best of Silver Spring-its vibrant amenities, dining, and shopping options are just a short distance away.
If you're ready to roll up your sleeves and unlock the potential of this property, don't miss out on this opportunity. NO INTERIOR ACCESS WILL BE PROVIDED PRIOR TO SETTLEMENT - SOLD STRICTLY AS-IS
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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 |
|---|---|---|---|
| May 23, 2025 | Sold | ||
| Sold | |||
| Apr 29, 2025 | In contract | - | |
| In contract | |||
| Apr 1, 2025 | Listed | $250,000 | |
| Listed | |||
| | |||
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Multiple offers in hand**Please submit any offers by Wednesday 3 PM**Seller will begin to review Friday and no response should be expected until the following Monday or Tuesday**
Welcome to 803 Johnson Ave, a total fixer-upper property brimming with potential, located in the heart of Silver Spring, MD.
While there is no access to the interior at this time, the exterior of the property presents an exciting opportunity to reimagine and renovate. With a solid foundation, you can envision a space that suits your needs and tastes. The private parking area ensures convenience, and the backyard offers a great blank canvas for outdoor projects, landscaping, or even creating your own oasis.
Positioned in a prime location, 803 Johnson Ave is ideally situated to take advantage of the best of Silver Spring—its vibrant amenities, dining, and shopping options are just a short distance away.
If you're ready to roll up your sleeves and unlock the potential of this property, don't miss out on this opportunity. NO INTERIOR ACCESS WILL BE PROVIDED PRIOR TO SETTLEMENT - SOLD STRICTLY AS-IS
| |||
| Jul 15, 1999 | Sold | ||
| Sold | |||
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About Colesville
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Last Updated: 11 hours ago
Data Source: Bright MLS , MLS# MDMC2169960
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