1741 UNDERWOOD ROAD
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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.
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When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2023 | Sold | ||
| Sold | |||
| Sep 7, 2023 | In contract | - | |
| In contract | |||
| Aug 31, 2023 | Listed by May Realty | $789,999 | |
| Listed by May Realty | |||
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Exceptional property, featuring a beautifully renovated ranch style home on a sprawling lot along with an adorable detached, 2 bedroom guest cottage! Located in a serene country setting yet convenient to all of the amenities that Crofton has to offer. The property is comprised of a gorgeous, updated primary home with charming details throughout, in addition to a separate, newly renovated guest house perfect for those seeking a multi generational/in law quarters, au pair or additional income producing unit. The primary home offers a stylish kitchen, ss appliances, 3 bedrooms including an owner's suite with private bath and his/her walk in closet, a spacious main level laundry room, 2 family rooms allowing for ample living space, lovely sunroom off the kitchen, the basement features a third full bath and finished space with endless possibilities, sizable deck for outdoor dining, fully fenced yard and 3 car detached garage. The darling guest house offers an updated eat in kitchen, 2 bedrooms, 1 bath, soaring cathedral ceiling and private deck for outdoor living.
1741 Underwood and the adjacent property at 1745 Underwood (also for sale) share a private well located on 1741 Underwood Road. Prior to settlement, on the sale of either property, the owner intends to install a new well to supply water solely to 1745 Underwood Road. Full details are not yet known but the owner may create a small easement along the western property line of of 1741 to accomodate the well.
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| Aug 8, 2023 | Relisted | $1,100,000 | |
| Relisted | |||
| Aug 5, 2023 | No longer available | - | |
| No longer available | |||
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About Anne Arundel
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017