Residential Style Renovated
For Sale
Contact for pricing
711 Lamberton Dr, Silver Spring, MD 20902
Renovated residential-style property suitable for various uses.
Property Size3,302 SF
Price / SF$2.42
Days on Market143
Property Features for 711 Lamberton Dr
General Information
Standard status
Active
Size
3,302 SF
Property subtype
Business Opportunity
Building Details
Year Built
1963
Listing Agency:
Samson Properties
Listed By:
Jeffrey T Kallmeyer
(301) 760-2136
Source:
Tbhteam
Added: May 27
Changed: Oct 2
Last Checked: Oct 7 at 1:09PM
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 Samson Properties
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Investment Insights
Based on property information with market context.
This residential-style property features 8 beds and 5 1/2 baths. The building has been extensively renovated to meet safety and operating standards, making it suitable for a large family, institutional residence, or licensed group home operator. Elevator service is available to all five floors. Safety features include a sprinkler system, and a commercial-grade fire and intrusion system. Chair lifts have been installed for non-ambulatory residents. The kitchen is equipped with a double oven plus an oven/range combination, double dishwashers, sinks, and disposals. All areas of the home are handicap-accessible. At the rear of the building, there is a fenced-in, private backyard and a large, newly refinished deck.
Key Highlights
- 8 bedrooms and 5.5 bathrooms, ideal for large families or group living.
- Elevator service to all five floors, ensuring accessibility for all residents.
- Fully renovated to meet safety and operating standards, including sprinkler, commercial‑grade fire, and intrusion system.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$54,520
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,090,400
$1.1M
Cap Rate 7%
$778,857
$778.9K
Cap Rate 9%
$605,778
$605.8K
Market Conditions
NOI Build-Up for 3,302 SF
Gross rent
$106.6K $32.28/SF
− Vacancy
−$7.5K −$2.26/SF
EGI
$99.1K $30.02/SF
− OpEx
−$44.6K −$13.51/SF
NOI
$54.5K $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%
$1,090,400
Cap Rate 7%
$778,857
Cap Rate 9%
$605,778
Alternative Uses
Best Use
Apartment 5plus
$778.9K
$681.5K – $908.7K
NOI $54,520 @ 7.0% cap · market cap 681.50%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.16M
$1.02M – $1.36M
NOI $81,310 @ 7.0% cap · market cap 1,016.38%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
381
Businesses Nearby
Balanced
Demand for This Use
Explore this area
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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Cap Rate, Value Estimation, Potential NOI and more
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Similar Off Market Nearby
- A Serenity Gardens Wellshire Manor home — 1117 Arcola Ave, Silver Spring, MD 20902
- Serenity Gardens Residential Assisted Living Home of Silver Spring — 711 Lamberton Dr, Silver Spring, MD 20902
- Jenkins Senior Health Care, Inc. — 11420 fairoak dr, silver spring, md 20902
- Caring Companions Inc — 11620 Kemp Mill Rd, Silver Spring, MD 20902
- Elder Companion Home of Maryland — 4 Saddlerock Ct, Silver Spring, MD 20902
Frequently Asked Questions
What type of property is this?
Assisted living facility - Renovated residential-style property suitable for various uses.
Where is this assisted living facility located?
The property is located at 711 Lamberton Dr Silver Spring, MD.
What are key features of this property?
This property features: 8 bedrooms and 5.5 bathrooms, ideal for large families or group living.; Elevator service to all five floors, ensuring accessibility for all residents.; Fully renovated to meet safety and operating standards, including sprinkler, commercial‑grade fire, and intrusion system.
