$254,600
●
Condo -
Off Market
11575 LAURELWALK DR
LAUREL, MD 20708
3 Beds
2 Baths,
1
Half Bath
1,404 Ft²
$264,652
RealtyHop Estimate
5.86%
Since Feb 1, 2023
National-US
Primary Model
About This Property
Welcome to 11575 Laurelwalk Dr! This stunning 3 bedroom and 1 and
1/2 bath Townhome wont last long. Upon entry you are met with
a large sun drenched living room with newer floors leading to a
spacious eat - in kitchen with, ceramic floors, stainless steel
appliances, beautiful backsplash, and plenty of cabinets for
storage. Basement is partially finish with new floors and oversized
open floorplan, leading to the fenced in back yard perfect for
entertaining. Retreat upstairs to the generously sized primary
Bedroom with newer carpet. Upper level also features two additional
bedrooms and updated bath with classic touches. Close to
shopping and commuter routes. Ask listing agent about lender that
can do a 3% conventional loan, with NO mortgage insurance, 620
credit score, and $5,000 grant with this property.
Unit Size
1,404 Ft²
Days on Market
34 days
Land Size
-
Price per sqft
$178
Property Type
Condo
Property Taxes
$262
HOA Dues
-
Year Built
1972
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Cap Rate Calculator
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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: 3 years ago (Bright MLS #MDPG2063398)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 24, 2023 | Sold | ||
| Sold | |||
| Nov 30, 2022 | Listed by EXIT Right Realty | $250,000 | |
| Listed by EXIT Right Realty | |||
Property Highlights
Parking Available
Air Conditioning
Parking Details
Parking Features: Parking Lot
Interior Details
Bedrooms on 1st Upper Level: 3
Full Bathrooms on 1st Upper Level: 1
Interior Features: Kitchen - Table Space, Kitchen - Eat-In, Floor Plan - Traditional
Appliances: Disposal, Dryer, Microwave, Oven/Range - Gas, Refrigerator, Washer
Flooring Type: Carpet, Ceramic Tile
Living Area Square Feet Source: Assessor
Wall & Ceiling Types
Laundry Type: Washer In Unit, Dryer In Unit
Has Basement
Connecting Stairway, Rear Entrance, Full, Partially Finished, Walkout Level
Exterior Details
Ownership Interest: Condominium
Property Condition: Good
Year Built Source: Assessor
Foundation Details: Slab
Other Structures: Above Grade, Below Grade
Roof: Asphalt, Shingle
Structure Type: Interior Row/Townhouse
Window Features: Double Pane, Double Hung
Construction Materials: Brick, Vinyl Siding
Building Name: LAURELWOOD CONDO
No Pool
Tidal Water: N
Land Assessed Value: $185,000
Finished Square Feet: 1404
Finished Square Feet Source: Assessor
Financial Details
County Tax: $1,983
County Tax Payment Frequency: Annually
Tax Assessed Value: $185,000
Tax Year: 2022
Tax Annual Amount: $3,140
Year Assessed: 2022
Utilities Details
Central Air
Cooling Type: Central A/C
Heating Type: Forced Air
Cooling Fuel: Electric
Heating Fuel: Natural Gas
Hot Water: Natural Gas
Sewer Septic: Public Sewer
Water Source: Public
Location Details
HOA/Condo/Coop Fee Includes: Lawn Maintenance, Management, Insurance, Snow Removal, Trash, Water
HOA/Condo/Coop Amenities: None
Condo/Coop Fee: $297
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 |
|---|---|---|---|---|---|---|---|
|
11/30/2022
| |
3 Bed
|
2 Bath
|
1404 ft²
|
$250,000
3 Bed
2 Bath
1404 ft²
|
$254,600
+1.84%
01/24/2023
|
Corey Lancaster
EXIT Right Realty
|
Building Info
About South Laurel
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Listed by: Corey Lancaster
EXIT Right Realty
Last Updated: 10 hours ago
Data Source: Bright MLS , MLS# MDPG2063398
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.
EXIT Right Realty
Last Updated: 10 hours ago
Data Source: Bright MLS , MLS# MDPG2063398
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