1518 MONARD AVENUE
About This Property
Step inside to 9-foot ceilings and gleaming hardwood floors throughout. The first floor features a bright and airy living room wired for surround sound, a versatile office/den, and a large, open-concept kitchen with a walk-in pantry-perfect for entertaining or everyday living. Enjoy seamless indoor-outdoor living with a generous 16x25 deck just off the kitchen, ideal for summer barbecues or relaxing evenings. A convenient half bath completes the main level.
Upstairs, the second floor offers four spacious bedrooms including a large primary suite with two walk-in closets and an en suite bathroom with double vanity sinks. Three additional well-sized bedrooms share a full bath and are supported by two linen closets and a second-floor laundry area with washer and dryer for added convenience.
The fully finished basement expands your living options with a fifth bedroom, full bath, an oversized recreation room, and a flexible bonus room wired for speakers-perfect for a home theater or entertainment lounge.
Additional features include a large fully fenced backyard with a children's playset (included), warm water bidets in every bathroom, and nice lighting fixtures throughout.
Don't miss your chance to own this exceptional home in a sought-after location-less than 10 minutes to Fort Meade, Arundel Mills Shopping Outlet, restaurants and highway 32-schedule your tour today!
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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 |
|---|---|---|---|
| May 20, 2025 | Sold | ||
| Sold | |||
| Apr 22, 2025 | Listed by RLAH @properties | $645,000 | |
| Listed by RLAH @properties | |||
| Mar 25, 2025 | Price Decreased |
$655,110
↓ $15K
(2.2%) | |
| Price Decreased | |||
| Mar 5, 2025 | Price Decreased |
$669,786
↓ $30K
(4.3%) | |
| Price Decreased | |||
| Feb 15, 2025 | Listed | $699,999 | |
| Listed | |||
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Welcome to this pristine original-owner home built by reputable Koch Homes. Over 3500 sq. ft. of finished living space with 5 Bedrooms and 3.5 baths. The entry-level boasts hardwood flooring and an open, airy floor plan with nine ft. ceilings. Sunny and spacious kitchen with SS appliances, a walk-in pantry, and a sliding door that leads to a 16' x 25' maintenance-free deck. Huge 18x14 great room! Fresh neutral paint and new carpet throughout. Main level office or den. The upper level features four generous-sized bedrooms, all with ample closet space. The owner's suite has two walk-in closets, a double vanity, a ceramic bath, and a linen closet. A second full-hall bath, laundry room with a washer and dryer, and two additional linen closets complete the upper level. The lower level has a 19 x 13 recreation room, bedroom number 5, and a full ceramic bath. There is also a 17 x 12 unfinished storage/gym and utility area. The fully vinyl-fenced backyard is where even the playset conveys!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017