8601 MANCHESTER RD #313
About This Property
Verizon FIOS internet service is available and already installed in the condo - you just need to set up the account. There's a convenient laundry room on each occupied level of the building as well as a trash/recycling room. Unit 313 is just steps from the elevator and if you enter from the rear parking lot (space 83 is assigned to this unit), you are only 7 steps up from the entrance level if you want to bypass the elevator. There are guest parking spaces in the rear of the parking lot, while street parking is usually often available. Pets are allowed in the condo including dogs and cats, and there is green space around the building, and you are just a block from Sligo Creek Park with miles of trails in both directions for walking and biking; connecting with nature is readily available. A secure building intercom can be directed to your cell phone to open the security door for visitors. The Ride-On bus comes down Manchester Road for easy connection to shopping and Metro stations, while a future Purple Line Station is under construction a short stroll from the condo and will link to Bethesda, via Silver Spring downtown and New Carrollton, via the University of Maryland. It's a short ride to downtown Silver Spring with Whole Foods, lots of dining, concert halls, and outdoor entertainment. The condo is just 1.7 miles from Silver Spring Metro Station with w/direct bus access and to the MARC commuter train station. Easy access to the Beltway via Colesville Road/Rt. 29 & New Hampshire Avenue. The condo meets Fannie Mae/Freddie Mac's low downpayment loan requirements with a low investor ratio and low late payment history. Great news for first-time owner occupants is there is a Grant of up to $10,000 is available to qualified buyers. It is also approved for VA financing and FHA loans are available with our Preferred Lender (contact agent for details). Renting is allowed at the Park-Bradford. There's an onsite manager for the condo that makes it easy to get a fast resolution to most issues, instead of dealing with a management office miles away.
Affordable and convenient to transportation and park with off-street parking, all located in a solid building - it's a natural fit for move-up and move-down buyers - hurry over!
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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 |
|---|---|---|---|
| Apr 21, 2023 | Sold | ||
| Sold | |||
| Mar 24, 2023 | In contract | - | |
| In contract | |||
| Feb 2, 2023 | Listed by Long & Foster Real Estate, Inc. | $149,900 | |
| Listed by Long & Foster Real Estate, Inc. | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/01/2026
|
2 Bed
|
1 Bath
|
907 ft²
|
$175,000
2 Bed
1 Bath
907 ft²
|
$180,000
+2.86%
04/06/2026
|
Rhonda Hayes
Samson Properties
| |
|
06/15/2025
|
1 Bed
|
1 Bath
|
800 ft²
|
$155,000
1 Bed
1 Bath
800 ft²
|
$137,000
-11.61%
09/04/2025
|
Joanna Argenio
Bethesda
| |
|
01/23/2025
|
1 Bed
|
1 Bath
|
704 ft²
|
$130,000
1 Bed
1 Bath
704 ft²
|
$131,000
+0.77%
02/12/2025
|
Brandon S. Hargreaves
The KW Collective
| |
|
09/27/2024
|
1 Bed
|
1 Bath
|
695 ft²
|
$136,000
1 Bed
1 Bath
695 ft²
|
$115,000
-15.44%
10/10/2025
|
Keith French
Blue Star Real Estate, LLC
| |
|
09/13/2024
|
1 Bed
|
1 Bath
|
700 ft²
|
$139,999
1 Bed
1 Bath
700 ft²
|
$140,000
+0.00%
10/25/2024
|
Jeffrey Zinner
RE/MAX Realty Group
| |
|
08/17/2024
|
2 Bed
|
1 Bath
|
881 ft²
|
$199,000
2 Bed
1 Bath
881 ft²
|
$187,000
-6.03%
10/08/2024
|
Rhonda Mortensen
Compass
| |
|
02/09/2024
|
2 Bed
|
1 Bath
|
907 ft²
|
$199,000
2 Bed
1 Bath
907 ft²
|
$179,000
-10.05%
07/30/2024
|
Douglas Perry
RE/MAX Excellence Realty
| |
|
11/05/2023
|
1 Bed
|
1 Bath
|
708 ft²
|
$124,900
1 Bed
1 Bath
708 ft²
|
$125,000
+0.08%
02/28/2024
|
Daniel Krell
REMAX Platinum Realty
| |
|
05/12/2023
|
1 Bed
|
1 Bath
|
702 ft²
|
$145,000
1 Bed
1 Bath
702 ft²
|
$152,000
+4.83%
06/01/2023
|
Cathy Baumbusch
EXP Realty, LLC
| |
|
05/02/2023
|
2 Bed
|
1 Bath
|
892 ft²
|
$265,000
2 Bed
1 Bath
892 ft²
|
$225,000
-15.09%
07/19/2023
|
Emma Nunez
Smart Realty, LLC
| |
|
11/20/2022
|
1 Bed
|
1 Bath
|
690 ft²
|
$150,000
1 Bed
1 Bath
690 ft²
|
-
-
|
Gabriela PerazaMochizuki
NextHome Envision
| |
|
02/02/2023
|
1 Bed
|
1 Bath
|
696 ft²
|
$149,900
1 Bed
1 Bath
696 ft²
|
$149,900
04/21/2023
|
David Maplesden
Takoma Park Old Town
| |
|
01/06/2023
|
2 Bed
|
1 Bath
|
842 ft²
|
$210,000
2 Bed
1 Bath
842 ft²
|
$209,000
-0.48%
02/22/2023
|
Altaf Mohamed
Compass
| |
|
07/01/2022
|
3 Bed
|
2 Bath
|
1234 ft²
|
$249,500
3 Bed
2 Bath
1234 ft²
|
-
-
|
Mynor Herrera
Keller Williams Capital Properties
| |
|
02/18/2022
| |
1 Bed
|
1 Bath
|
-
|
$139,000
1 Bed
1 Bath
|
-
-
|
Alicia J Printz
Annapolis Eastport
|
|
06/23/2022
|
2 Bed
|
1 Bath
|
902 ft²
|
$209,900
2 Bed
1 Bath
902 ft²
|
$210,000
+0.05%
07/27/2022
|
Yony Kifle
KW Metro Center
| |
|
05/28/2022
|
1 Bed
|
1 Bath
|
696 ft²
|
$130,000
1 Bed
1 Bath
696 ft²
|
$130,000
07/06/2022
|
Debbie van deRiet
Gerlach real estate, inc.
| |
|
02/11/2022
|
2 Bed
|
1 Bath
|
870 ft²
|
$189,000
2 Bed
1 Bath
870 ft²
|
$155,000
-17.99%
04/25/2022
|
Alex Burrell-Hodges
Cottage Street Realty LLC
| |
|
02/23/2022
|
2 Bed
|
1 Bath
|
910 ft²
|
$190,000
2 Bed
1 Bath
910 ft²
|
$160,000
-15.79%
07/12/2022
|
Keisha Streeter-Clark
DC Urban Living, LLC.
| |
|
01/24/2022
|
3 Bed
|
2 Bath
|
1286 ft²
|
$255,000
3 Bed
2 Bath
1286 ft²
|
$258,000
+1.18%
03/30/2022
|
Alex Burrell-Hodges
Cottage Street Realty LLC
| |
|
07/15/2021
|
3 Bed
|
2 Bath
|
1257 ft²
|
$279,500
3 Bed
2 Bath
1257 ft²
|
$235,000
-15.92%
03/16/2022
|
Doug Clark
Realty Pros
| |
|
01/24/2021
|
1 Bed
|
1 Bath
|
696 ft²
|
$125,000
1 Bed
1 Bath
696 ft²
|
-
-
|
-
| |
|
01/08/2021
|
2 Bed
|
1 Bath
|
881 ft²
|
$159,500
2 Bed
1 Bath
881 ft²
|
$151,500
-5.02%
03/17/2021
|
Melissa Smith
Samson Properties
| |
|
11/18/2020
|
2 Bed
|
1 Bath
|
902 ft²
|
$168,000
2 Bed
1 Bath
902 ft²
|
$153,000
-8.93%
07/01/2021
|
Diane Yochelson
| |
|
09/05/2020
|
1 Bed
|
1 Bath
|
702 ft²
|
$126,900
1 Bed
1 Bath
702 ft²
|
-
-
|
-
| |
|
02/29/2020
|
1 Bed
|
1 Bath
|
702 ft²
|
$135,000
1 Bed
1 Bath
702 ft²
|
$126,900
-6.00%
11/20/2020
|
Yizhak Etedgi
| |
|
05/31/2019
|
1 Bed
|
1 Bath
|
702 ft²
|
$135,000
1 Bed
1 Bath
702 ft²
|
-
-
|
-
| |
|
04/30/2019
|
1 Bed
|
1 Bath
|
695 ft²
|
$129,900
1 Bed
1 Bath
695 ft²
|
$127,000
-2.23%
10/08/2019
|
Sandra Schulz
| |
|
03/21/2019
|
1 Bed
|
1 Bath
|
664 ft²
|
$119,900
1 Bed
1 Bath
664 ft²
|
-
-
|
-
| |
|
01/10/2019
| |
2 Bed
|
1 Bath
|
-
|
$169,000
2 Bed
1 Bath
|
-
-
|
-
|
|
11/08/2018
|
3 Bed
|
2 Bath
|
1286 ft²
|
$199,500
3 Bed
2 Bath
1286 ft²
|
$192,000
-3.76%
12/28/2018
|
Mynor Herrera
| |
|
06/20/2018
|
1 Bed
|
1 Bath
|
708 ft²
|
$125,000
1 Bed
1 Bath
708 ft²
|
$125,000
11/01/2018
|
Joy C Nebblett
Heymann Realty, LLC
| |
|
07/09/2015
|
1 Bed
|
1 Bath
|
696 ft²
|
$109,000
1 Bed
1 Bath
696 ft²
|
$104,900
-3.76%
08/28/2015
|
Klaus Breitsameter
RE/MAX Realty Group
| |
|
03/01/2013
|
2 Bed
|
1 Bath
|
907 ft²
|
$122,500
2 Bed
1 Bath
907 ft²
|
$122,500
04/15/2013
|
NON MEMBER
Metropolitan Regional Information Systems, Inc.
| |
|
04/30/2012
|
3 Bed
|
2 Bath
|
1400 ft²
|
$209,900
3 Bed
2 Bath
1400 ft²
|
$209,000
-0.43%
07/16/2012
|
Margeau Gilbert
EXIT Right Realty
|
Building Info
- 1 Unit for Sale
About Silver Spring
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017