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8306 QUEEN ANNES DRIVE
About This Property
Sun pours through the front windows each morning and fills the back of the house every evening - this home is built for natural light. The renovated kitchen features crisp white cabinetry with soft-close doors and drawers, granite countertops, dedicated pantry storage, and hardwood floors that flow through the main level. Three bedrooms and two full bathrooms, including a brand-new upstairs bathroom, provide a comfortable space. The fully finished walkout basement is a true bonus - a spacious family room with its own full bathroom and separate exterior entrance, perfect for guests, a home office, au pair suite, or rental income. A screened-in side porch off the main level gives you a three-season space for morning coffee or evening downtime. Systems are up to date: newer HVAC, a one-year-old hot water heater with an oversized tank, and central A/C throughout. The one-car garage adds convenience, and the backyard is notably larger than most in the neighborhood - with real potential for an addition, expanded parking, or even an accessory dwelling unit.
The location speaks for itself. Walk to Silver Spring International Middle School and Sligo Creek Elementary. One block to Nolte Park and Bullis Park. Steps to Whole Foods, the Fillmore, AFI Silver Theatre, and all of downtown Silver Spring. This is Woodside living at its best - classic bones, modern comfort, and a neighborhood that's only getting better.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 22, 2026 | Price Decreased |
$740,000
↓ $10K
(1.3%) | |
| Price Decreased | |||
| Jul 16, 2026 | Price Decreased |
$750,000
↓ $10K
(1.3%) | |
| Price Decreased | |||
| Jun 16, 2026 | Price Decreased |
$760,000
↓ $10K
(1.3%) | |
| Price Decreased | |||
| May 16, 2026 | Price Decreased |
$770,000
↓ $10K
(1.3%) | |
| Price Decreased | |||
| Apr 15, 2026 | Listed by Long & Foster Real Estate, Inc. | $780,000 | |
| Listed by Long & Foster Real Estate, Inc. | |||
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About Silver Spring
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017