8602 11TH AVE
About This Property
Welcome to this lovingly maintained 3-bedroom, 2-bathroom semi-detached home in the desirable New Hampshire Estates neighborhood of Silver Spring, MD. With nearly $50,000 in recent upgrades, this home is move-in ready and packed with modern conveniences!
Key Features:
Upgrades Galore! HVAC (2016), roof and gutters (2014), extended concrete driveway with parking for two vehicles (2015), newly installed concrete walkway (2024), perimeter foundation drain system and sump pump for added peace of mind (2013), and luxurious Samsung kitchen appliances (2020) including a gas stove.
Modern Finishes: Enjoy the newly -Installed LVP flooring in the basement (2024), and hardwood floors throughout the main level (except for tiled kitchen and bath).
Spacious Living: The main level offers a sunlit living room, kitchen, three generously sized bedrooms, and a full bathroom. The lower level boasts a large multi-purpose room perfect for entertaining, an additional full bathroom, a laundry room with Maytag washer and dryer, and ample storage space.
Outdoor Bliss: The flat, fully-fenced backyard is ideal for outdoor gatherings, pets, or gardening. The home also comes equipped with an alarm system and window treatments, all included!
Prime Location:
Just 10 minutes to DC, 10 minutes to University of Maryland, 10 minutes to the Beltway, 20 minutes to Downtown Silver Spring and less than 1 mile to the Purple Line. Montgomery County schools serve the area, adding even more appeal!
Don't miss your chance to own this well-maintained, move-in ready gem-schedule your visit today!
**OFFER DEADLINE: SUNDAY, 9/8 AT 8PM**
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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