Two-Bedroom Residential
13407 SHADY KNOLL DRIVE Unit 112/G, Silver Spring, MD 20904
For Sale
$230,000
First-floor residence includes an attached garage, washer and dryer, and recently updated interior finishes.
Property Size745 SF
Price / SF$308.72
Days on Market63
Property Features for 13407 SHADY KNOLL DRIVE Unit 112/G
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
washer and dryer
attached garage
common grounds
Building Details
Building Size
Year Built
Construction
Listing Agency:
RLAH @properties
Listed By:
Mitch Pollard · License #673110
(301) 908-4033
Source:
Signaturemoverealestate
Added: Sep 8
Changed: Oct 31
Last Checked: Nov 8 at 10:18AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RLAH @properties
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 745-square-foot, first-floor residence has two bedrooms and one bathroom. The unit includes an attached garage, washer and dryer hookups, and new HVAC equipment, a new washer and dryer, and flooring installed throughout. Vinyl siding and Colonial-style architecture are also noted. The property was built in 1988.
Residents have access to common grounds, and the association fee covers essential services.
Residents have access to common grounds, and the association fee covers essential services.
Key Highlights
- 745‑square‑foot first‑floor unit with two bedrooms and one bathroom
- Attached garage
- New HVAC, washer and dryer, and flooring throughout the unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,301
Cap Rate
5.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$246,020
$246.0K
Cap Rate 7%
$175,729
$175.7K
Cap Rate 9%
$136,678
$136.7K
Market Conditions
NOI Build-Up for 745 SF
Gross rent
$24.0K $32.28/SF
− Vacancy
−$1.7K −$2.26/SF
EGI
$22.4K $30.02/SF
− OpEx
−$10.1K −$13.51/SF
NOI
$12.3K $16.51/SF
Area
Montgomery County, MD
Vacancy
7.00%
Lease Rate
$32.28 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$246,020
Cap Rate 7%
$175,729
Cap Rate 9%
$136,678
Alternative Uses
Best Use
Apartment 5plus
$175.7K
$153.8K – $205.0K
NOI $12,301 @ 7.0% cap · market cap 5.35%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$262.1K
$229.3K – $305.8K
NOI $18,345 @ 7.0% cap · market cap 7.98%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
299
Businesses Nearby
Explore this area
Business Placement
Demographics for 20904, MD
59,051
Population
22,366
Households
2.6
Avg Household Size
40
Median Age
50%
College-Educated
90%
High-School Grad
13.7 sq mi
ZIP Area
4,310
Density / Sq Mi
$93,322
Median Household Income
$48,349
Median Earnings
$1,893
Median Rent
$533,500
Median Home Value
Market
Average Price Trend$/SF for Residential income properties in Montgomery County, MD
Properties on Market for Residential income properties in Montgomery County
Frequently Asked Questions
What type of property is this?
Residential income property - First-floor residence includes an attached garage, washer and dryer, and recently updated interior finishes.
Where is this residential income property located?
The property is located at 13407 SHADY KNOLL DRIVE Unit 112/G Silver Spring, MD.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: 745‑square‑foot first‑floor unit with two bedrooms and one bathroom; Attached garage; New HVAC, washer and dryer, and flooring throughout the unit
