1000 MOUNT AIRY RD
About This Property
This main level features three spacious bedrooms, 2.5 modern bathrooms, a three-car garage, a charming sunroom, a fireplace, and a convenient laundry room on the main level.
Recently, the kitchen was completely renovated with quartz countertops and a top-of-the-line restaurant-quality oven featuring an indoor gas grill. The lower level of the house also offers a second fully equipped kitchen, a cozy living room, a media room, a game room, a comfortable bedroom, and a lovely bathroom. This area is perfect for accommodating out-of-town guests or could serve as an in-law suite!
The Meadow Woods subdivision provides spaciousness and privacy. The largest lot in the community, measuring 4.5 acres, is surrounded by trees. Community amenities include basketball and tennis courts, a jogging/walking path, and common grounds.
This property offers easy access to routes 50 and 495, making DC and Baltimore just 30 minutes away and Fort Meade within 30 minutes away. We are only 10 minutes from Historic Downtown Annapolis.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 27, 2024 | Sold | ||
| Sold | |||
| May 22, 2024 | In contract | - | |
| In contract | |||
| Apr 23, 2024 | Price Decreased |
$950,000
↓ $150K
(13.6%) | |
| Price Decreased | |||
| Mar 16, 2024 | Listed by Keller Williams Flagship of Maryland | $1,100,000 | |
| Listed by Keller Williams Flagship of Maryland | |||
| Oct 26, 2022 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017