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9512 FLOWER AVENUE
About This Property
The main level is warm and inviting, anchored by hardwood flooring, oversized picture windows, and expansive living and dining areas filled with natural light. Just beyond, a stunning sunroom addition with vaulted ceilings, skylights, and a wood-burning fireplace creates a true secondary living space, perfect for cozy evenings, entertaining, or a sun-filled work-from-home retreat overlooking the backyard.
The kitchen offers ample cabinetry, generous prep space, and an easy flow to the home's gathering spaces, while the upper level features well-scaled bedrooms, including a spacious primary suite with an updated en-suite bath. Additional bedrooms are bright and versatile, complemented by another renovated full bath.
The finished lower level adds exceptional flexibility with a large recreation room ideal for media, play, fitness, or guest space, along with abundant storage and utility space rarely found at this price point.
Outside, the home sits on a generously sized lot with a huge flat backyard complete with a patio and storage, designed for entertaining, gardening, or everyday outdoor living. Mature landscaping and surrounding greenery create a peaceful setting while remaining moments from everyday conveniences.
Ideally positioned near both downtown Silver Spring and Takoma Park, the home offers convenient access to neighborhood favorites including Sligo Creek Park, Long Branch Trail, and the Takoma Park Recreation Center, as well as the YMCA, grocery stores, local cafes, restaurants, and shopping. Commuters will appreciate easy connectivity to major routes, public transportation, and nearby Metro access, all while enjoying the charm of an established neighborhood with an active community association.
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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%.
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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.
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