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    1701 Maydale Dr Silver Spring, MD 20905

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    For Sale
    $799,900

    Fully occupied and furnished assisted living home with expansion potential.

    Lot size:
    0.25 Acres

    Property Features for 1701 Maydale Dr

    General Information

    Standard status
    Active
    Lot size
    0.25 Acres

    Building Details

    Year built
    1961

    Source: REMAX PLATINUM REALTY Agent MARTIN H RESNICK

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Assisted Living Home For Sale

    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.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Embrasse Moi Assisted ... Assisted Living Facility

    Suggested Use

    Realty agency Law Firm Spa & Massage Dental Office Building Supply Clothing Store Auto Repair Shop Wholesale Shop Accounting Firm Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Immanuel Senior Living, Oak Tree Assisted Living, Embrasse Moi Assisted Living, CareVilla Assisted Living - Briggs Chaney

    Location Insight

    • Map
    • Local Demand
    City
    Silver Spring
    County
    Montgomery
    State
    Maryland
    Longitude
    -76.9739678
    Latitude
    39.1012884

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    FAQs

    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 $799,900.
    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.
    (240) 497-0408
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    1701 Maydale Dr Silver Spring, MD 20905
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1701 Maydale Dr Silver Spring, MD 20905
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