1326 HEAPS ROAD
About This Property
Offered at $739,888, this beautifully finished Raleigh model is set on over an acre at 1326 Heaps Road and delivers exceptional space, natural light, and thoughtful design throughout.
A welcoming foyer with formal living and dining rooms on either side great you at the entrance. The main level flows seamlessly into the open-concept great room, breakfast area, and kitchen, ideal for everyday living and entertaining. The spacious kitchen features abundant cabinetry, a large center island, and a reach-in pantry for excellent storage. An added sunroom fills the home with natural light, while a powder room and pantry complete the main level.
Additional highlights include a fireplace, walk-up basement, and side-load garage, offering both comfort and future flexibility. The property also boasts an excellent well yield of 15 gallons per minute.
The upper level features a spacious owner's suite, three additional bedrooms, and a hall bath. The owner's suite includes dual walk-in closets and a Venetian-style bath with double doors and a large glass-enclosed shower.
Buyer incentives: Through the builder's preferred lender, buyers may qualify for an interest rate buydown that can significantly reduce monthly payments during the early years of ownership.
A 2/1 buydown may lower the estimated monthly payment to approximately $3,050–$3,150 in year one and $3,400–$3,500 in year two, before adjusting to the standard payment in the high $3,900s to low $4,000s thereafter (based on 10% down).
A 1/1 buydown is also available, reducing the estimated first-year payment to approximately $3,400–$3,500, before adjusting in year two.
Seller-provided concessions, if offered, may be applied toward an interest rate buydown or eligible buyer closing costs, providing flexible options for buyers. Terms and eligibility are subject to lender approval.
With abundant natural light, modern finishes, and a peaceful setting, this move-in ready new construction home offers comfort, style, and long-term value in Street, Maryland.
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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 |
|---|---|---|---|
| Apr 13, 2026 | Sold | ||
| Sold | |||
| Mar 21, 2026 | In contract | - | |
| In contract | |||
| Feb 20, 2026 | Price Decreased |
$739,888
↓ $5K
(0.7%) | |
| Price Decreased | |||
| Feb 15, 2026 | Price Decreased |
$744,888
↓ $5K
(0.7%) | |
| Price Decreased | |||
| Feb 5, 2026 | Listed by Keller Williams Gateway LLC | $749,888 | |
| Listed by Keller Williams Gateway LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017