11812 PHEASANT TRAIL
About This Property
The finished basement provides a large family/rec room with a second wood-burning fireplace, a dry bar, a storage room, and a laundry room with hookups, a new tray sink and faucet with laundry pump, and a 2021 dryer. The backyard is fully fenced and includes the concrete patio, a metal storage shed, and additional attached storage space to the home.
Updates include a brand-new septic tank installed 12/2025 (inspected by WCHD), A/C system installed in 2020 with a limited warranty, water heater from 2019, chimney updates completed in 2018, and roof installed in 2015. This property offers functional space on both levels and convenient mechanical updates throughout.
Nearby local amenities include many restaurants, grocery stores, Hagerstown Community College, Meritus Medical Center, parks, and Interstate 70.
Don't miss out on this one - schedule your showing tour today!
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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 |
|---|---|---|---|
| Mar 11, 2026 | Sold | ||
| Sold | |||
| Feb 4, 2026 | In contract | - | |
| In contract | |||
| Jan 30, 2026 | Price Decreased |
$300,000
↓ $15K
(4.8%) | |
| Price Decreased | |||
| Jan 11, 2026 | Price Decreased |
$315,000
↓ $10K
(3.1%) | |
| Price Decreased | |||
| Dec 22, 2025 | Relisted | $325,000 | |
| Relisted | |||
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About Robinwood
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017