9207 WORTH AVENUE
About This Property
Rarely seen in capes, this home offers a spacious open kitchen alongside a sunlit family room that looks out to a stunning backyard with a patio and conservation landscaping. Off to the side you will have a screened in porch for an additional space to sit and enjoy the view of the backyard. The backyard is fully fenced and also includes a large storage shed. The first floor conveniently provides you with a main level bedroom and full bath. *****
On the second floor you will find an incredibly large master bedroom with three closets and an updated en suite master bathroom. Two window nooks give the room plenty of personality. The second bedroom is sizable with double closets and built-in shelves - providing plenty of storage. The adjoining full bathroom accessible from the hallway is beautifully finished with additional cabinet space. The second floor also includes a convenient laundry room. *****
Downstairs in the walk out basement you will find a good sized rec-room with built in shelves, two large closets, plus an additional flex room designed to be used as an office space. A large storage room has more shelves and a work bench for all your at home project needs. Home to a professional carpenter, you will find this home offers plenty of storage with high quality built in shelves, trims, and cabinets. *****
Recent upgrades include: Fresh coat of paint throughout various rooms in the house, brand new/ never used refrigerator, wall oven and stove top. Refinished hardwood floors throughout the house. Added a gas fireplace 5 years ago that has been re-flued and re-capped as part of the installation. Replaced heat pump in fall of 2021. ******
This home is located in the Downcounty High School Consortium. The assigned ES is Highland View and MS is Silver Spring International. *****
Just a four minute walk to Colesville Rd bus stops and minutes to Forest Glen or Silver Spring Metro stations as well as two future Purple Line stations. Close to the Silver Spring YMCA, Holy Cross Hospital, multiple shopping centers and Sligo Creek Golf Course.
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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