Property remarks

This lovely 2 bedroom gem is located right in the heart of Silver Spring. Minutes from downtown. Totally renovated condo with fresh paint, Granite counters, ceramic back-splash, stainless steel appliances, custom closets and energy efficient windows. All utilities are included in the condo fee. One assigned parking spot and visitor or street parking for additional vehicles. Walking distance to public transportation. Within minutes to I-495, Colesville RoadnnPurchase vs renting analysis:nSale price: $175,999 with 20% down = $35,200nLoan amount: $140,800 at 3.0% interest, Monthly mortgage = $594nTaxes and insurance/mo = $199nCondo fees= $823/monnTO BUY , Total monthly payment to own = $1,616.00 – annually = $19,392nnTO RENT 2 Beds/1bath in the area is around $1,800 per month – annually $21,600nnA saving of $2,208/year when purchasennConclusion: It is smart to purchase instead of renting. The equity of the house will most likely increase and the interest fees will be tax deductible.nnDisclaimer: The exercise shown above merely for illustration purpose. Accurate figures will be calculate by a lender.

mls
MDMC713126
$175,999
Residential
THE CAROLYN
THE CAROLYN
The Carolyn
$1,772
Annually
2019
1966
2
1
0
1,083 Sqft
1,083 Sqft
1,083 Sqft
$163
Monthly
$823
Monthly
Parking Lot,On Street
: Assigned, Attendant
1
: Snow Removal, Trash, Security Gate, Common Area Maintenance, Water, Ext Bldg Maint, Sewer, All Ground Fee, Gas, Parking Fee, Air Conditioning, Electricity
: Common Grounds, Elevator
more details
MONTGOMERY COUNTY PUBLIC SCHOOLS
MONTGOMERY BLAIR
TAKOMA PARK
EAST SILVER SPRING
N
: No Pool
: Unit/flat/apartment
R10
1
4
: Main
: Standard
No
: Number Limit
N
N
: Masonry
: Traditional
: Public
: No Septic System
: Electric
: Natural gas
: Other
: Baseboard - Hot Water
: Central a/c
: Elevator
Better Homes and Gardens Real Estate Premier
01/05/2021 21:00:24
01/20/2021 17:18:01
location
W78° 59' 10.6''
N38° 59' 28.2''
614 SLIGO AVENUE • SILVER SPRING, Maryland 20910
Assist with GPS

THE CAROLYN

614 SLIGO AVENUE • SILVER SPRING, Maryland 20910

2 Bedrooms
1 Bathrooms
1,083 Sqft
$175,999
ID #MDMC713126
How hot?
Days on market : 209
Status : ACTIVE
Est close date :
Unit # : 410
RE/MAX - The Choice Group
Montgomery County

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