$200,000
●
Condo -
Off Market
11362 LAURELWALK DRIVE #43
LAUREL, MD 20708
3 Beds
2 Baths,
1
Half Bath
1,293 Ft²
$1,519
Est. Monthly
$276
HOA / Fees
14.15%
Cap Rate
About This Property
Amazing Investment Opportunity – LISTED Below Comps – Sold AS
IS
Discover a rare value in the sought-after Applewalk community, perfectly located near shops, BW Parkway, and central to both Washington DC and Baltimore. This spacious two-level, 3-bedroom, 3-bath townhouse-style condo offers incredible potential as a rental or future renovation project.
Features include a private deck by the primary bedroom, a rear balcony off the kitchen, a primary suite with spacious closet and private bath, large windows and sliding doors for abundant natural light, and a well-designed kitchen with an adjacent formal dining room with door leading to the rear balcony. Assigned parking spaces convey with the sale.
Exterior maintenance, including the roof, is covered by the condo association. This property is being sold AS IS, offering a prime opportunity for investors or buyers looking to build instant equity.
Schedule your showing today and unlock the potential of this great find!
Discover a rare value in the sought-after Applewalk community, perfectly located near shops, BW Parkway, and central to both Washington DC and Baltimore. This spacious two-level, 3-bedroom, 3-bath townhouse-style condo offers incredible potential as a rental or future renovation project.
Features include a private deck by the primary bedroom, a rear balcony off the kitchen, a primary suite with spacious closet and private bath, large windows and sliding doors for abundant natural light, and a well-designed kitchen with an adjacent formal dining room with door leading to the rear balcony. Assigned parking spaces convey with the sale.
Exterior maintenance, including the roof, is covered by the condo association. This property is being sold AS IS, offering a prime opportunity for investors or buyers looking to build instant equity.
Schedule your showing today and unlock the potential of this great find!
Unit Size
1,293 Ft²
Days on Market
-
Land Size
-
Price per sqft
$155
Property Type
Condo
Property Taxes
$261
HOA Dues
$276
Year Built
-
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 years ago (Bright MLS #MDPG2163128)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 19, 2025 | Sold | ||
| Sold | |||
| Dec 3, 2025 | In contract | - | |
| In contract | |||
| Nov 13, 2025 | Price Decreased |
$270,000
↓ $5K
(1.8%) | |
| Price Decreased | |||
| Oct 29, 2025 | Listed by EXP Realty, LLC | $275,000 | |
| Listed by EXP Realty, LLC | |||
   | |||
|
Stylish Upper Level Condo with all Modern Upgrades. Don’t miss this beautifully maintained and Fully renovated 3-bedroom, 1-Fullbath 2 HalfBath condo offering modern comfort and standout features in a highly sought-after location. This light-filled unit boasts an airy and spacious feel with beautiful front and back deck. The home features fresh paint, new flooring, and a renovated bathroom—all move-in ready! Additional highlights include a new washer and dryer, NEW HVAC system, with extra storage space. Perfect for first-time buyers, downsizers, or investors, this stylish condo combines convenience, comfort, and quality. Schedule your showing today!
| |||
| Sep 5, 2025 | Sold | ||
| Sold | |||
Show More
Property Highlights
Parking Available
Air Conditioning
Parking Details
Parking Features: Assigned
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Flooring Type: Carpet
Exterior Details
Has Property Attached
Square Footage: 1293
Square Footage Source: $0
Property Condition: Below Average, Major Rehab Needed
Architectural Style: Colonial
Year Built Source: Assessor
Year Built: 1973
Building Name: APPLEWALK CONDO
Levels: 2
Other Structures: Above Grade, Below Grade
Construction Materials: Block, Wood Siding, Concrete, Masonry
Water Source: Public
Financial Details
Tax Annual Amount: $3,128
Utilities Details
Cooling Type: Central A/C
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Grounds, Insurance, Snow Removal, Trash, Lawn Maintenance, Management, Parking Fee
HOA/Condo/Coop Amenities: Common Grounds
Condo/Coop Fee: $276
Condo/Coop Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/15/2025
|
3 Bed
|
2 Bath
|
1293 ft²
|
$200,000
3 Bed
2 Bath
1293 ft²
|
$200,000
09/05/2025
|
Jose Garcia
Long & Foster Real Estate, Inc.
|
Building Info
About South Laurel
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Listed by: Jose Robert Garcia
Long & Foster Real Estate, Inc.
Last Updated: 11 hours ago
Data Source: Bright MLS , MLS# MDPG2163128
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.
Long & Foster Real Estate, Inc.
Last Updated: 11 hours ago
Data Source: Bright MLS , MLS# MDPG2163128
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