$571,000
●
House -
Off Market
16929 OLDE MILL RUN
DERWOOD, MD 20855
4 Beds
3 Baths,
1
Half Bath
1,600 Ft²
$590,349
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model
About This Property
Meticulously cared for with new carpeting and replaced windows,
and sited on a quiet street in sought after Winters Run, this
may be the perfect home for you.
A welcoming entry leads to the living room which connects to the gracious dining room beyond. Large windows in both the dining room and eat-in kitchen frame stunning views of the parkland beyond. The updated eat-in kitchen with an abundance of cabinets includes a convenient side door to the covered carport.
The upper level boasts four bedrooms and two full baths creating plenty of private space while the finished lower level features a wood burning fireplace and glass doors to the inviting backyard. Discover plenty of storage in the laundry/workroom.
Ideally located in a quiet neighborhood, near highly rated Montgomery County schools, public transit, and major transportation routes, we invite you to visit and to anticipate making this house your next home.
A welcoming entry leads to the living room which connects to the gracious dining room beyond. Large windows in both the dining room and eat-in kitchen frame stunning views of the parkland beyond. The updated eat-in kitchen with an abundance of cabinets includes a convenient side door to the covered carport.
The upper level boasts four bedrooms and two full baths creating plenty of private space while the finished lower level features a wood burning fireplace and glass doors to the inviting backyard. Discover plenty of storage in the laundry/workroom.
Ideally located in a quiet neighborhood, near highly rated Montgomery County schools, public transit, and major transportation routes, we invite you to visit and to anticipate making this house your next home.
Unit Size
1,600 Ft²
Days on Market
17 days
Land Size
0.38 acres
Price per sqft
$353
Property Type
House
Property Taxes
$433
HOA Dues
-
Year Built
1972
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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: 3 years ago (Bright MLS #MDMC2079774)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 17, 2023 | Sold | ||
| Sold | |||
| Jan 19, 2023 | Listed by Long & Foster Real Estate, Inc. | $565,000 | |
| Listed by Long & Foster Real Estate, Inc. | |||
Property Highlights
Air Conditioning
With View
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 Redland
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Listed by: Eric Stewart
Long & Foster Real Estate, Inc.
Last Updated: 11 hours ago
Data Source: Bright MLS , MLS# MDMC2079774
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.
Long & Foster Real Estate, Inc.
Last Updated: 11 hours ago
Data Source: Bright MLS , MLS# MDMC2079774
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