9610 CLEARVIEW PL
About This Property
Enter the home and you will find refinished original hardwood floors throughout the main levels, an updated kitchen with ample cabinetry, spacious living and dining areas, and a main-floor bedroom and full bathroom.
Upstairs, you will find two spacious bedrooms with upgraded closet systems and custom window treatments. The upstairs finishes with an expansive full bath. In the basement, you will find two finished living areas ready to meet your needs for additional family space or a home office, as well as ample storage space.
Upgrades to home include:
- New Brick patio and refurbished Trex deck + upgraded landscaping (2018)
- New main-level A/C (2017) plus new upstairs mini-split HVAC (2019)
- New Furnace + Hot Water Heater (2019)
- Electrical Heavy-up (2020)
- New main-level + basement windows (2017)
- Custom Window Treatments (Kitchen + Upstairs, 2020)
- Front Door with Custom Molding (2017)
- Recessed Lighting throughout (2017)
- Refinished Hardwood floors (2016)
Commutes are a breeze with I-495, I-95, Route 29 and Silver Spring Metro nearby. Downtown Silver Spring and Washington, DC are only minutes away. Nearby Sligo Creek Park offers biking, hiking trails, picnic areas, playgrounds etc, with the YMCA just blocks away.
If you're looking for an updated gem in a perfect neighborhood with ideal proximity to all that Silver Spring has to offer this home is a can't miss.
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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