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12465 HISPERIA ROAD
About This Property
Laminate flooring carries through the spacious living room, creating an inviting introduction to the home. Beyond it, the kitchen and dining area come together in an open, functional layout. Recently replaced upper cabinets, a stainless steel electric range, pantry storage, and a generous dining area make this space well suited for everyday meals and gatherings alike.
Three bedrooms are located on the main level, including the primary suite with an en-suite bath featuring a geometric tile floor and separate shower. Two additional bedrooms share a full hall bath.
Downstairs, the partially finished lower level provides a bonus room that can serve as a home office, hobby space, or exercise area. A rough-in for a future full bath and a sliding glass door to the exterior add flexibility and natural light. The HVAC system features a recently replaced compressor, offering added peace of mind for year-round comfort. The current homeowners are also including extra vinyl plank flooring used in the lower-level bonus room, which could be used in the remaining unfinished areas, along with a vanity still in the box intended for the future lower-level full bath.
Chesapeake Ranch Estates offers a waterfront lifestyle with access to two private Chesapeake Bay beaches, Lake Lariat, trails, playgrounds, picnic areas, a campground, community gardens, athletic fields, and a clubhouse with year-round events. Residents can enjoy swimming, fishing, boating, and the natural beauty of Southern Maryland close to home.
Nearby destinations include Lusby Town Center, Solomons Island, Cove Point Park, Flag Ponds Nature Park, Calvert Cliffs State Park, the Calvert Marine Museum, local restaurants, and multiple marinas. Convenient access to MD-2/4 connects to Prince Frederick, Solomons, and Naval Air Station Patuxent River, while nearby schools include St. Mary's College of Maryland and several community colleges. BWI Airport and Reagan Airport are also within reach for regional and international travel.
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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%.
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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.
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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 |
|---|---|---|---|
| Oct 16, 2026 | Price Increased |
$259,000
↑ $15K
(6.2%) | |
| Price Increased | |||
| Jul 29, 2026 | Price Decreased |
$244,000
↓ $5K
(2%) | |
| Price Decreased | |||
| Jul 29, 2026 | Relisted | $249,000 | |
| Relisted | |||
| Jul 24, 2026 | In contract | - | |
| In contract | |||
| Jul 13, 2026 | Relisted | $249,000 | |
| Relisted | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017