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9404 WORTH AVENUE
About This Property
The main level features warm hardwood floors, graceful arched openings, a bright living room with brick fireplace, a spacious formal dining room, and a well-appointed eat-in kitchen with abundant cabinetry, quartz counters, stainless steel appliances, gas cooking, and direct access to the rear deck. A main-level bedroom and full bath provide valuable flexibility for guests, a home office, or one-level living.
Upstairs, the expansive primary suite includes multiple sitting or dressing areas and a generous walk-in closet. A second upper-level bedroom offers distinctive character and flexible space that could be especially appealing as a child's or teen's retreat, with room for sleeping, studying, and relaxing. A second full bath completes the upper level.
The finished lower level adds a large recreation room, a third full bath, laundry area, and an additional finished room that, while not an official bedroom, could work beautifully as a guest room, home office, fitness room, or private flex space. A substantial unfinished storage room provides excellent space for seasonal items, hobbies, a workshop, or household organization.
Comfort and efficiency are enhanced by a two-zone combination boiler and tankless water-heating system installed in 2022, along with high-velocity central air installed in 2017.
Outside, the fully fenced backyard is a true highlight, with mature landscaping, a broad lawn, deck, expansive stone-and-brick patio, multiple seating and dining areas, and a storage shed. The front yard is equally memorable, with mature trees, established landscaping, and dramatic large-scale natural rocks that add wonderful character to the approach. A paved driveway provides off-street parking for one car.
Close to Sligo Creek Park, neighborhood amenities, shopping, dining, and commuter routes, this inviting home offers charm, flexibility, and an outstanding Silver Spring lifestyle.
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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