$575,000
↓ $10K (1.7%)
●
House -
For Sale
1402 NORCROSS LANE
SEVERN, MD 21144
5 Beds
4 Baths
2,365 Ft²
$3,214
Est. Monthly
About This Property
Nestled on a beautifully landscaped lot in one of Severn's
established neighborhoods, this exceptional residence offers the
perfect balance of comfort and convenience. Set on a generous
homesite, the expansive yard provides endless possibilities for
outdoor entertaining, gardening, recreation, or simply enjoying the
privacy and tranquility of your own backyard retreat.
Inside, thoughtfully designed living spaces are filled with natural light and crafted for both everyday living and effortless entertaining. Spacious gathering areas, inviting finishes, and a functional layout create a warm yet sophisticated atmosphere throughout the home.
Ideally located between Baltimore, Annapolis, and Washington, D.C., this home offers exceptional commuter access via I-97, Route 100, Route 32, and Route 295, while remaining just minutes from BWI Airport, MARC rail service, Fort Meade, NSA, Arundel Mills, Maryland Live! Casino, shopping, dining, parks, and recreation. Whether you're commuting, entertaining, or seeking a peaceful place to call home, this property delivers the lifestyle you've been searching for!
Inside, thoughtfully designed living spaces are filled with natural light and crafted for both everyday living and effortless entertaining. Spacious gathering areas, inviting finishes, and a functional layout create a warm yet sophisticated atmosphere throughout the home.
Ideally located between Baltimore, Annapolis, and Washington, D.C., this home offers exceptional commuter access via I-97, Route 100, Route 32, and Route 295, while remaining just minutes from BWI Airport, MARC rail service, Fort Meade, NSA, Arundel Mills, Maryland Live! Casino, shopping, dining, parks, and recreation. Whether you're commuting, entertaining, or seeking a peaceful place to call home, this property delivers the lifestyle you've been searching for!
Unit Size
2,365 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$243
Property Type
House
Property Taxes
$391
HOA Dues
-
Year Built
1955
Listed By
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 25 days ago (Bright MLS #MDAA2152836)
Price History
Property Highlights
Air Conditioning
Parking Details
Parking Features: Driveway
Interior Details
Full Bathrooms: 4
Appliances: Washer, Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Ice Maker, Stove
Basement: Unfinished
Exterior Details
Square Footage: 2365
Square Footage Source: $0
Architectural Style: Raised Ranch
Year Built Source: Assessor
Year Built: 1955
Levels: 3
Other Structures: Above Grade, Below Grade
Construction Materials: Vinyl Siding
Lot Size Area: 11250
Lot Size Units: Square Feet
Lot Size Acres: 0.26
Lot Size Square Feet: 11250
Tax Lot: 13
Water Source: Public
Financial Details
Tax Assessed Value: $423,633
Tax Annual Amount: $4,686
Utilities Details
Cooling Type: Central Air
Heating Type: Heat Pump(s)
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Severn
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Elmer Alexander Ramos
The Agency DC
Last Updated: 9 hours ago
Data Source: Bright MLS , MLS# MDAA2152836
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.
The Agency DC
Last Updated: 9 hours ago
Data Source: Bright MLS , MLS# MDAA2152836
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017