1294 CIRCLE DRIVE
About This Property
The fully renovated kitchen (2026) features stainless steel appliances, a gas range, and a wood-burning stove - ideal for gathering and daily enjoyment. Recent updates include a new roof, new windows - several with automatic window treatments - new light fixtures throughout, and a newly painted interior. Additional improvements include a new septic line and drywell.
The home is serviced by public water and natural gas and features a large driveway with ample parking. Conveniently located with easy access to Ritchie Highway, Annapolis, Severna Park, Baltimore, Washington, DC, and BWI Airport, this property offers a well-connected lifestyle in one of Arnold's most established neighborhoods. Welcome Home!
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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 |
|---|---|---|---|
| Apr 24, 2026 | Sold | ||
| Sold | |||
| Mar 12, 2026 | In contract | - | |
| In contract | |||
| Jan 30, 2026 | Listed by TTR Sotheby's International Realty | $475,000 | |
| Listed by TTR Sotheby's International Realty | |||
| Sep 20, 2022 | Sold | ||
| Sold | |||
| Aug 12, 2022 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017