Assisted Living Home For
1701 Maydale Dr, Silver Spring, MD 20905
For Sale
$799,000
Fully occupied and furnished assisted living home with expansion potential.
Property Size3,584 SF
Price / SF$222.94
Days on Market395
Property Features for 1701 Maydale Dr
General Information
Standard status
Size
Building Details
Year Built
Listing Agency:
REMAX Platinum Realty
Listed By:
Martin H Resnick · License MD #29767
(301) 442-6991
Source:
Belegacyre
Added: Oct 13, 2025
Changed: Oct 26
Last Checked: Oct 7 at 4:09PM
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 REMAX Platinum Realty
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Investment Insights
Based on property information with market context.
This fully occupied and furnished assisted living home accommodates 5 residents and is staffed to provide 24-hour care. The services offered include meals, assistance with daily activities, and medication management. The property is certified with zero deficiencies. The property is located in a park-like setting and has the potential for expansion into an 8-bedroom assisted living home with modifications. The current owner is interested in leasing back the property for a year.
Key Highlights
- Fully occupied and furnished assisted living home with 5 residents, providing immediate income.
- Certified with zero deficiencies, indicating high operational standards.
- Potential for expansion to an 8‑bedroom assisted living home with easy modifications.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$59,176
Cap Rate
7.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,183,520
$1.2M
Cap Rate 7%
$845,371
$845.4K
Cap Rate 9%
$657,511
$657.5K
Market Conditions
NOI Build-Up for 3,584 SF
Gross rent
$115.7K $32.28/SF
− Vacancy
−$8.1K −$2.26/SF
EGI
$107.6K $30.02/SF
− OpEx
−$48.4K −$13.51/SF
NOI
$59.2K $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%
$1,183,520
Cap Rate 7%
$845,371
Cap Rate 9%
$657,511
Alternative Uses
Best Use
Apartment 5plus
$845.4K
$739.7K – $986.3K
NOI $59,176 @ 7.0% cap · market cap 7.41%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.26M
$1.10M – $1.47M
NOI $88,254 @ 7.0% cap · market cap 11.05%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Current Use
Location Intelligence
Trade Area within ½ mile
106
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Demographics for 20905, MD
17,700
Population
5,866
Households
3
Avg Household Size
44
Median Age
57%
College-Educated
96%
High-School Grad
11.8 sq mi
ZIP Area
1,500
Density / Sq Mi
$155,023
Median Household Income
$62,166
Median Earnings
$2,015
Median Rent
$640,400
Median Home Value
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Similar Off Market Nearby
- Oak Tree Assisted Living — 2112 Briggs Chaney Rd, Silver Spring, MD 20905
- CareVilla Assisted Living - Briggs Chaney — 1801 Briggs Chaney Rd, Silver Spring, MD 20905
- Embrasse Moi Assisted Living — 1701 maydale dr, silver spring, md 20905
- Immanuel Senior Living — 15501 Peach Orchard Rd, Silver Spring, MD 20905
Frequently Asked Questions
What type of property is this?
Assisted living facility - Fully occupied and furnished assisted living home with expansion potential.
Where is this assisted living facility located?
The property is located at 1701 Maydale Dr Silver Spring, MD.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Fully occupied and furnished assisted living home with 5 residents, providing immediate income.; Certified with zero deficiencies, indicating high operational standards.; Potential for expansion to an 8‑bedroom assisted living home with easy modifications.
