10112 SNOWDEN ROAD
About This Property
Upstairs, the spacious primary suite features a beautifully renovated en-suite bath (2024) highlighted by a contemporary floor-to-ceiling tiled shower and refined finishes. Two additional bedrooms share an updated hall bath (2024), thoughtfully redesigned with today's style in mind. Practical upgrades include copper pipes replaced on the second floor (2024), a roof with upgraded gutters and leaf guards (2022), and a sump pump with battery backup (2021). The unfinished lower level, complete with walkout stairs, offers flexibility to create a recreation room, gym, or additional finished living space tailored to your needs. Out back, the deck with replaced deck boards overlooks county parkland, ensuring no neighbors directly behind and offering peaceful, tree-lined views. A community path and playground add to the natural setting and provide additional outdoor enjoyment.
Ideally located near Snowden Road in Laurel, residents enjoy proximity to Montpelier Mansion and Park, as well as shopping and dining at Towne Centre at Laurel and Savage Mill. The area offers quiet living with easy access to the Baltimore-Washington Parkway, providing direct routes to points north and south. With its blend of updates, privacy, and connectivity, this home offers a well-rounded lifestyle in a sought-after setting.
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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%.
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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.
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About South Laurel
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017