$840,000
●
House -
Off Market
16808 NORBROOK DRIVE
OLNEY, MD 20832
4 Beds
2 Baths
3,242 Ft²
$846,838
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model
About This Property
One of a kind setting and home. Situated on over 2 acres in
Norbrook Village, this all brick one level living home has many
upgrades and updates throughout. Renovated kitchen has tile floor,
eat-in area, stainless appliances, under counter lighting, and
granite counters. Renovated hall bath with tile and expanded shower
with multiple water shower heads. Renovated primary bath with
jetted tub and tile. Gleaming hardwood flooring throughout most of
main level. New paint on main level. Entertain this fall in the
massive screened patio with 2 ceiling fans. 4 car garage parking
with detached garage. Finished lower level with room for bedroom,
theater room, work out room, office and so much more. Tons of
storage. EXTRAS: generator, whole house fan, lots of windows
throughout, wood stove in living room, new carpet, and extra large
driveway. Located just north of the ICC (get to 270 or 95 in a
flash) and south of downtown Olney, Great access to Olney Manor
Park and Swim Center, Roots grocery store, golf park, and so much
more.
Unit Size
3,242 Ft²
Days on Market
-
Land Size
2.08 acres
Price per sqft
$262
Property Type
House
Property Taxes
$639
HOA Dues
-
Year Built
1963
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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: 4 months ago (Bright MLS #MDMC2105566)
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Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Olney
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Listed by: Joseph E. Buffington II
RE/MAX Realty Centre, Inc.
Last Updated: 9 hours ago
Data Source: Bright MLS , MLS# MDMC2105566
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.
RE/MAX Realty Centre, Inc.
Last Updated: 9 hours ago
Data Source: Bright MLS , MLS# MDMC2105566
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