Top-Floor Residential
15101 INTERLACHEN DRIVE Unit 1-1002, Silver Spring, MD 20906
For Sale
$159,000
The 1984 residence includes a sunroom, a walk-in closet, and recently updated interior finishes.
Property Size860 SF
Price / SF$184.88
Days on Market95
Property Features for 15101 INTERLACHEN DRIVE Unit 1-1002
General Information
Standard status
Size
Property subtype
Additional Details
Multifamily Units
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
Trademark Realty, Inc
Listed By:
Young C Kang · License #322454
(240) 372-5259
Source:
Signaturemoverealestate
Added: Aug 6
Changed: Nov 5
Last Checked: Nov 7 at 10:04AM
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 Trademark Realty, Inc
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Investment Insights
Based on property information with market context.
This 860-square-foot residence is on the top floor and was built in 1984. Recent interior work includes fresh paint and new flooring. The bedroom has a walk-in closet, and a separate sunroom adds flexible indoor space with views.
Key Highlights
- 860‑square‑foot top‑floor residence
- Bedroom with a walk‑in closet
- Sunroom with views
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,200
Cap Rate
8.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$284,000
$284.0K
Cap Rate 7%
$202,857
$202.9K
Cap Rate 9%
$157,778
$157.8K
Market Conditions
NOI Build-Up for 860 SF
Gross rent
$27.8K $32.28/SF
− Vacancy
−$1.9K −$2.26/SF
EGI
$25.8K $30.02/SF
− OpEx
−$11.6K −$13.51/SF
NOI
$14.2K $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%
$284,000
Cap Rate 7%
$202,857
Cap Rate 9%
$157,778
Alternative Uses
Best Use
Apartment 5plus
$202.9K
$177.5K – $236.7K
NOI $14,200 @ 7.0% cap · market cap 8.93%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$302.5K
$264.7K – $353.0K
NOI $21,177 @ 7.0% cap · market cap 13.32%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
496
Businesses Nearby
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Business Placement
Demographics for 20906, MD
71,641
Population
27,423
Households
2.6
Avg Household Size
41
Median Age
42%
College-Educated
87%
High-School Grad
12.7 sq mi
ZIP Area
5,641
Density / Sq Mi
$92,964
Median Household Income
$46,172
Median Earnings
$1,945
Median Rent
$440,600
Median Home Value
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Market
Average Price Trend$/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 - The 1984 residence includes a sunroom, a walk-in closet, and recently updated interior finishes.
Where is this residential income property located?
The property is located at 15101 INTERLACHEN DRIVE Unit 1-1002 Silver Spring, MD.
What is the asking price?
The asking price for this property is $159,000.
What are key features of this property?
This property features: 860‑square‑foot top‑floor residence; Bedroom with a walk‑in closet; Sunroom with views
