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1137 MONROE CIRCLE
About This Property
Secure your next high-yield asset with 1137 Monroe Circle, a detached single-family gem located in the Brooklyn, MD hot investor market. This strategic 2-bedroom, 1-bathroom property offers significant value-add potential through its partially finished basement and a versatile rear auxiliary/storage room, perfect for increasing square footage or creating a premium rental feature. Unlike the standard inventory in 21225, this home sits on an expansive lot ideal for family gatherings and boasts both a detached garage and a private parking pad-two high-demand amenities. Whether you are looking to execute a high-margin fix-and-flip or build long-term equity in a location with easy access to I-895 and major employment hubs, this property's unique footprint and functional layout make it a standout "unicorn" opportunity for any serious investor portfolio.
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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 |
|---|---|---|---|
| Sep 21, 2026 | Price Decreased |
$134,990
↓ $35K
(20.6%) | |
| Price Decreased | |||
| Mar 23, 2026 | Price Decreased |
$169,900
↓ $20K
(10.5%) | |
| Price Decreased | |||
| Feb 2, 2026 | Listed by Berkshire Hathaway HomeServices PenFed Realty | $189,900 | |
| Listed by Berkshire Hathaway HomeServices PenFed Realty | |||
| Dec 7, 2010 | Sold | ||
| Sold | |||
| Jul 11, 2007 | Sold | ||
| Sold | |||
Property Highlights
Building Info
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Price/ft²
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About Southern Baltimore
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$4,450 /mo
- 1 Bed
- 1 Bath
- 2,600 ft²
$2,350 /mo
- 3 Beds
- 2 Baths
- 1,215 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017