9508 RILEY ROAD
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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%.
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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.
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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 |
|---|---|---|---|
| Dec 2, 2024 | Sold | ||
| Sold | |||
| Nov 8, 2024 | In contract | - | |
| In contract | |||
| Oct 31, 2024 | Listed by RE/MAX Realty Services | $700,000 | |
| Listed by RE/MAX Realty Services | |||
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Charming 4-bedroom, 3-full-bath single-family home in Silver Spring, where timeless character meets modern convenience. From the curb, you’re greeted by a quaint light post and a welcoming front porch, setting a warm tone before you even step inside. This home features one of the biggest lots in the neighborhood, providing plenty of outdoor space for play, gardening, or entertaining. The interior boasts beautiful architectural arches that add character to the living spaces, while vaulted ceilings and two wood-burning fireplaces create a spacious, cozy atmosphere. The formal dining room leads into the expanded kitchen, making it the heart of the home and perfect for gatherings. The main level includes a primary suite and an additional bedroom with a full bath, ensuring convenient one-level living. Upstairs, two more spacious bedrooms await, one with a walk-in closet for added storage, plus an additional full bath. The lower level features a combination full bath and abundance of storage space, offering flexibility as a recreation area or guest suite. Outside, the huge, flat backyard provides an idyllic setting for gatherings or relaxation. Situated near public transportation, parks, schools, and downtown Silver Spring, this home is truly a gem and one not to miss!
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About Silver Spring
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017