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Property profile & analytics
OFF-MARKET
Estimated value
$700,000
Apartment buildings
8216 Nolte Ave, Silver Spring, MD 20910-4629
Entity Owned
Property ID
US40-0987123
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1943
Total area
3,870 SF
Lot
0.26 ac (11,143 SF)
Zoning code
R10
APN
13-00990341
UPID
US40-0987123
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$700k
Owner & transaction history
Rell LLC
Rell LLC
since 2025
Last sale
$640,000
7 recorded transactions
Zoning & alternative use
R10 · Silver Spring, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Silver Spring submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Silver Spring submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$640,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$700k
Range $630k – $770k · ±10% · vs last sale $640k (Oct 27 2022)
Last sale anchor
$640k
Oct 27 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$181 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$8,453
Tax year 2022
Assessed value
$679,767
Assessed 2023
Previous assessed
$679,767
+0.0% YoY
Effective rate
1.24%
On assessed value
Land market value
$592,000
Improvement market value
$114,800
Total market value
$706,800
Applied tax rate
38.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1943
Heating
NONE
Stories
2
Units
5
Total area
3,870 SF
Lot
0.26 ac (11,143 SF)
Zoning code
R10
APN
13-00990341
UPID
US40-0987123
Jurisdiction
MONTGOMERY
Metro division
BETHESDA-GAITHERSBURG-FREDERICK, MD METROPOLITAN DIVISION
Zoning & alternative use
R10 · Silver Spring, MD
Zoning R10 · permitted uses
R10 · Silver Spring, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Silver Spring. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1943
Heating
NONE
Stories
2
Units
5
Lot
0.26 ac
Current owner
From public records · entity-resolved
Rell LLC
Entity
Mailing address
14917 BROWNSTONE DR, BURTONSVILLE, MD 20866-1850
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 10, 2025
$842,000
Rell LLC
The Donald M Brodie Revocable Trust
Deed
$671,600 · American Heritage Lending INC
Oct 27, 2022
—
Donald M Brodie
Donald M Brodie
Intrafamily Transfer
related
—
Jun 6, 2019
—
Donald Brodie
Brewster,joan A
Quit Claim Deed
related
—
Jan 29, 2007
$640,000
Joan A Brewster
Segura,paulino V
Grant Deed
$512,000 · American Brokers Conduit
Nov 20, 2000
$265,000
Paulino V Segura
Castro,benito V & Joyce V
Grant Deed
related
$265,000 · Bank Of America
—
—
Paulino V Segura
—
Deed Of Trust
related
$50,000 · Bank Of America
—
—
Paulino V Segura
—
Deed Of Trust
related
$412,300 · World Savings
—
—
Paulino V Segura
—
Deed Of Trust
related
$264,502 · Bank Of America
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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