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8410 CEDAR STREET
About This Property
The second level holds all three bedrooms, featuring a serene primary retreat with its own private en-suite bathroom, plus a second full bathroom shared by the two additional bright bedrooms. Downstairs, a flexible lower level adds versatile bonus space to customize for your needs. Peace of mind comes standard with a new water heater installed in 2025.
Outside, the property opens to an expansive, private, fully enclosed rear yard. Shaded by mature trees and framed by established perennial plantings, the spacious deck is built for outdoor dining and entertaining. Parking is a breeze with a convenient garage featuring an automatic door opener.
Location is the crowning jewel of this property! Enjoy an easy, sidewalk-lined stroll to Silver Spring's dynamic downtown restaurant corridor and Whole Foods. Commuting is effortless with world-class transit access right at your doorstep: the property sits roughly a 7-minute walk from the future Silver Spring Library Purple Line station, offering seamless regional connections.
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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