911 LAMBERTON DR
About This Property
Welcome home! This lovely and cozy 3 bed, 2.5 bath split-level home is situated in a quiet neighborhood, just minutes away from everything Silver Spring offers! This is a perfect opportunity to make this house your own! The open living room and dining room area leads the way to the kitchen, which has abundant storage space along with stainless steel appliances and plenty of natural light. 3 bedrooms and 2 full bathrooms are located on the main level, and another half bath is located in the basement. The basement has plenty of space including a wonderful brick fireplace. The backyard features a wonderful shed, and the patio is perfect for a fire pit on those chilly evenings. Don't miss out on this one, call us today!
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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 |
|---|---|---|---|
| Jan 15, 2025 | Sold | ||
| Sold | |||
| Dec 19, 2024 | In contract | - | |
| In contract | |||
| Dec 12, 2024 | Listed by EXP Realty, LLC | $499,000 | |
| Listed by EXP Realty, LLC | |||
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About Kemp Mill
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017