One-Bedroom Residential
For Sale
$150,000
2105 WALSH VIEW TERRACE Unit 15-301, Silver Spring, MD 20902
An updated kitchen and shared recreation amenities serve this gated condominium community.
Property Size775 SF
Price / SF$193.55
Days on Market36
Property Features for 2105 WALSH VIEW TERRACE Unit 15-301
General Information
Standard status
Active
Size
775 SF
Property subtype
Unit/Flat/Apartment
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$2,192
Amenities
swimming pool
tennis court
basketball court
Building Details
Building Size
775 SF
Year Built
1969
Construction
garden-style
Listing Agency:
RLAH @properties
Listed By:
Brian Lumpkin · License #641686
(301) 520-5818
Source:
Jackrealtygroup
Added: Sep 24
Changed: Oct 27
Last Checked: Oct 26 at 3:18PM
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
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Investment Insights
Based on property information with market context.
This one-bedroom, one-bath condominium offers 775 square feet of living space, an open floor plan and an updated kitchen. The garden-style community includes a swimming pool, tennis and basketball courts, and gated access. The building dates to 1969.
Electricity, gas, water and laundry are included in the condo fee. Forest Glen Metro Station is within walking distance, and Downtown Kensington is a short drive away.
Electricity, gas, water and laundry are included in the condo fee. Forest Glen Metro Station is within walking distance, and Downtown Kensington is a short drive away.
Key Highlights
- One‑bedroom, one‑bath condominium with 775 square feet
- Updated kitchen and open floor plan
- Community amenities include a swimming pool, tennis and basketball courts
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,796
Cap Rate
8.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$255,920
$255.9K
Cap Rate 7%
$182,800
$182.8K
Cap Rate 9%
$142,178
$142.2K
Market Conditions
NOI Build-Up for 775 SF
Gross rent
$25.0K $32.28/SF
− Vacancy
−$1.8K −$2.26/SF
EGI
$23.3K $30.02/SF
− OpEx
−$10.5K −$13.51/SF
NOI
$12.8K $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%
$255,920
Cap Rate 7%
$182,800
Cap Rate 9%
$142,178
Alternative Uses
Best Use
Apartment 5plus
$182.8K
$160.0K – $213.3K
NOI $12,796 @ 7.0% cap · market cap 8.53%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$272.6K
$238.6K – $318.1K
NOI $19,084 @ 7.0% cap · market cap 12.72%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,454
Businesses Nearby
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Business Placement
Demographics for 20902, MD
52,533
Population
18,759
Households
2.8
Avg Household Size
36
Median Age
47%
College-Educated
83%
High-School Grad
7.6 sq mi
ZIP Area
6,912
Density / Sq Mi
$111,408
Median Household Income
$49,887
Median Earnings
$2,088
Median Rent
$531,200
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - An updated kitchen and shared recreation amenities serve this gated condominium community.
Where is this residential income property located?
The property is located at 2105 WALSH VIEW TERRACE Unit 15-301 Silver Spring, MD.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: One‑bedroom, one‑bath condominium with 775 square feet; Updated kitchen and open floor plan; Community amenities include a swimming pool, tennis and basketball courts
