8404 12TH AVENUE
About This Property
The property is sold strictly in "AS-IS" condition. Location is everything, and this home delivers! Centrally located to Washington D.C. and Baltimore. You'll enjoy easy access to both cities while being just minutes from Downtown Silver Spring. Close to 495, the new Purple line Metro, shopping and restaurants. Not too far to the Fillmore Silver Spring or AFI Silver Theatre and Cultural Center. Nature lovers will appreciate nearby Sligo Creek Park and Wheaton Regional Park, offering trails, green spaces, and recreational activities. This home presents an incredible opportunity to personalize and make it your own. Whether you're a first-time buyer or an investor looking to invest in a prime location, don't miss out on this exceptional property! Schedule your showing today!
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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 15, 2026 | Sold | ||
| Sold | |||
| Apr 19, 2026 | In contract | - | |
| In contract | |||
| Apr 10, 2026 | Price Decreased |
$298,000
↓ $1K
(0.3%) | |
| Price Decreased | |||
| Mar 26, 2026 | Price Decreased |
$299,000
↓ $900
(0.3%) | |
| Price Decreased | |||
| Mar 17, 2026 | Price Decreased |
$299,900
↓ $95
(0%) | |
| Price Decreased | |||
Property Highlights
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About Langley Park
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$3,100 /mo
- 4 Beds
- 2 Baths
- 1,856 ft²
$1,900 /mo
- 1 Bed
- 1 Bath
- 890 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017