9620 BRUNETT CT
About This Property
On the second floor, the primary bedroom has a walk-in closet with a small window; and two additional bedrooms. Original hardwood floors. The upper-level bathroom is exquisite with new plumbing and insulation. The finished basement offers two additional flex spaces, perfect for recreation, office, game room, or workout area. The basement also features a full bath with a walk-in shower, a Large laundry, storage, and a utility area. The basement has been waterproofed and comes with a 10-year guarantee. The landscaped backyard is completely fenced-in and showcases a low-maintenance brick patio. Perfect for outdoor dining and entertaining. Two-car parking pad and street parking. The 14 years remain on Tesla solar panels and operate super efficiently. Lease assumption details will be provided. Located in the highly desirable North Hills of Sligo Creek Park neighborhood, this home is just minutes from downtown Silver Spring, with easy access to shopping, dining, and entertainment. With its historical beauty, redesign, and prime location, this home is a must-see for anyone looking for the perfect place to call home. Walk or bike to the trails and bike paths! Easy commute - 1.6 miles to the metro.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 2, 2023 | Sold | ||
| Sold | |||
| Jul 9, 2023 | In contract | - | |
| In contract | |||
| Jun 28, 2023 | Relisted | $750,000 | |
| Relisted | |||
| Jun 9, 2023 | In contract | - | |
| In contract | |||
| May 28, 2023 | Price Decreased |
$750,000
↓ $50K
(6.2%) | |
| Price Decreased | |||
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About Silver Spring
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017