1505 WAMPANOAG DRIVE
About This Property
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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.
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 |
|---|---|---|---|
| May 30, 2025 | Sold | ||
| Sold | |||
| Apr 21, 2025 | Listed by Compass | $519,000 | |
| Listed by Compass | |||
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Welcome to 1505 Wampanoag Drive — a beautifully refreshed, move-in ready split-foyer home in Wethersfield, a quaint tree-lined community in Severn. From the moment you arrive, you'll appreciate the charm of the neighborhood, complete with sidewalks, mature trees, and pride of ownership throughout. Best of all, no HOA fees.
Step inside to discover a freshly painted interior with brand-new carpet and luxury vinyl plank flooring, creating a clean and inviting atmosphere. The spacious layout includes 4 bedrooms and 2 full baths, offering flexibility for families, guests, or home office needs.
The finished walkout lower level opens to a flat, fully fenced backyard — a perfect space for play, pets, or outdoor entertaining. Overlooking it all is a maintenance-free deck with an awning, ideal for relaxing in the shade or dining al fresco. One of the standout features is the oversized detached garage, complete with 60-amp electric service and plumbing — perfect for car enthusiasts, hobbyists, or workshop space.
Located just minutes from Fort Meade, NASA, BWI Airport, and the MARC Train, this commuter-friendly location offers unmatched convenience. Whether you're heading to D.C., Baltimore, or Annapolis, your ideal launch point is right here!
This home is perfect for anyone looking for a turn-key lifestyle in a well-maintained and welcoming community. Come see it today and fall in love! ***BONUS: Assumable VA loan rate of 2.75% for qualified Buyers****
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| Aug 12, 2021 | Sold | ||
| Sold | |||
| Jun 30, 2021 | Sold | ||
| Sold | |||
| May 29, 2021 | Listed by RE/MAX Leading Edge | $399,000 | |
| Listed by RE/MAX Leading Edge | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017