12516 OLIVET ROAD
About This Property
Recently Renovated Single-Family Home located in Lusby, Maryland within Calvert County. Residents can enjoy the nearby attractions such as Patuxent Plaza Shopping Center, Solomons Towne Centre Shopping Mall, Calvert Cliffs State Park, & Calvert Cliffs Park Beach. Property is Vacant. Easy Access to Major Traffic Artery Solomons Island Road. See below for more information.
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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 10, 2026 | Listed by Ashland Auction Group LLC | $90,000 | |
| Listed by Ashland Auction Group LLC | |||
| Nov 1, 2025 | Price Increased |
$155,000
↑ $80K
(106.7%) | |
| Price Increased | |||
| Oct 22, 2025 | Price Decreased |
$75,000
↓ $15K
(16.7%) | |
| Price Decreased | |||
| Sep 9, 2025 | Price Decreased |
$90,000
↓ $35K
(28%) | |
| Price Decreased | |||
| Aug 1, 2025 | Price Decreased |
$125,000
↓ $25K
(16.7%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017