Two-Bedroom Residential Income
For Sale
$299,000
2210 WASHINGTON AVENUE Unit 301, Silver Spring, MD 20910
Hardwood flooring and a fireplace distinguish the interior.
Property Size863 SF
Price / SF$346.47
Days on Market41
Property Features for 2210 WASHINGTON AVENUE Unit 301
General Information
Standard status
Active
Size
863 SF
Property subtype
Unit/Flat/Apartment
Units
Unit Mix
1 x 2BR/1BA
Multifamily Units
1
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$3,488
Amenities
outdoor pool
fireplace
Building Details
Building Size
863 SF
Year Built
1948
Construction
brick
Listing Agency:
Goldberg Group Real Estate
Listed By:
David S. Goldberg · License #587018
(301) 233-6501
Source:
Exqrealestate
Added: Sep 18
Changed: Oct 27
Last Checked: Oct 27 at 3:14AM
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 Goldberg Group Real Estate
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 863-square-foot residential unit has two bedrooms and one bathroom. Hardwood flooring runs through the traditional layout, which includes a dining area, living room with a fireplace, and a functional kitchen. The building dates to 1948 and has brick construction.
Residents have access to an outdoor pool and common grounds. Unassigned parking is available, and nearby bus and metro service provides transit options. The association fee covers water and sewer, exterior maintenance, insurance, lawn care, and snow removal.
Residents have access to an outdoor pool and common grounds. Unassigned parking is available, and nearby bus and metro service provides transit options. The association fee covers water and sewer, exterior maintenance, insurance, lawn care, and snow removal.
Key Highlights
- 863‑square‑foot unit with 2 bedrooms and 1 bathroom
- Living room features a fireplace; hardwood flooring runs throughout
- 1948 brick building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,249
Cap Rate
4.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$284,980
$285.0K
Cap Rate 7%
$203,557
$203.6K
Cap Rate 9%
$158,322
$158.3K
Market Conditions
NOI Build-Up for 863 SF
Gross rent
$27.9K $32.28/SF
− Vacancy
−$2.0K −$2.26/SF
EGI
$25.9K $30.02/SF
− OpEx
−$11.7K −$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%
$284,980
Cap Rate 7%
$203,557
Cap Rate 9%
$158,322
Alternative Uses
Best Use
Apartment 5plus
$203.6K
$178.1K – $237.5K
NOI $14,249 @ 7.0% cap · market cap 4.77%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$303.6K
$265.6K – $354.2K
NOI $21,251 @ 7.0% cap · market cap 7.11%
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
793
Businesses Nearby
Explore this area
Business Placement
Demographics for 20910, MD
45,610
Population
23,209
Households
2
Avg Household Size
36
Median Age
74%
College-Educated
95%
High-School Grad
4.6 sq mi
ZIP Area
9,915
Density / Sq Mi
$107,994
Median Household Income
$70,022
Median Earnings
$1,992
Median Rent
$690,900
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - Hardwood flooring and a fireplace distinguish the interior.
Where is this residential income property located?
The property is located at 2210 WASHINGTON AVENUE Unit 301 Silver Spring, MD.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: 863‑square‑foot unit with 2 bedrooms and 1 bathroom; Living room features a fireplace; hardwood flooring runs throughout; 1948 brick building
