$360,000
●
House -
Off Market
18130 CLEARWAY DRIVE
HAGERSTOWN, MD 21740
4 Beds
2 Baths
1,950 Ft²
$1,895
Est. Monthly
7.39%
Cap Rate
About This Property
Renovations are completed on the upper level!! See the photos! Days
on Market has been the time to have renovations completed. This
home offers the perfect blend of upgrades and exciting
potential for your personal touch on the lower level! MAJOR
improvements have already been completed, including a beautifully
remodeled luxury kitchen and a state-of-the-art 3-Ton GEOTHERMAL
HVAC system - providing INCREDIBLE ENERGY EFFICIENCY and virtually
eliminating utility bills. The seller says, "I barely have any
utility costs!" Bring your offer NOW!
The kitchen features quartz countertops, stainless steel appliances, a convection wall oven/microwave combo, and durable vinyl plank flooring that continues into the living room and hallway. Additional updates include upgraded insulation (2023), a new water heater (11/2024), and an updated electrical panel. The home is equipped with a 3-ton geothermal HVAC system that includes a water heater, HEPA filter, and variable-speed compressor - delivering superior comfort, air quality, and cost savings.
The kitchen features quartz countertops, stainless steel appliances, a convection wall oven/microwave combo, and durable vinyl plank flooring that continues into the living room and hallway. Additional updates include upgraded insulation (2023), a new water heater (11/2024), and an updated electrical panel. The home is equipped with a 3-ton geothermal HVAC system that includes a water heater, HEPA filter, and variable-speed compressor - delivering superior comfort, air quality, and cost savings.
Unit Size
1,950 Ft²
Days on Market
-
Land Size
0.69 acres
Price per sqft
$179
Property Type
House
Property Taxes
$176
HOA Dues
-
Year Built
1976
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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: 2 years ago (Bright MLS #MDWA2029782)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 30, 2025 | Sold | ||
| Sold | |||
| Sep 3, 2025 | In contract | - | |
| In contract | |||
| Aug 7, 2025 | Price Decreased |
$350,000
↓ $60K
(14.6%) | |
| Price Decreased | |||
| Jul 30, 2025 | Listed by Berkshire Hathaway HomeServices PenFed Realty | $410,000 | |
| Listed by Berkshire Hathaway HomeServices PenFed Realty | |||
| Jul 20, 2025 | Price Increased |
$375,000
↑ $100K
(36.4%) | |
| Price Increased | |||
Show More
Property Highlights
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
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Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Maugansville
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Listed by: Cynthia A. Grimes
Berkshire Hathaway HomeServices PenFed Realty
Last Updated: 0 hours ago
Data Source: Bright MLS , MLS# MDWA2029782
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Berkshire Hathaway HomeServices PenFed Realty
Last Updated: 0 hours ago
Data Source: Bright MLS , MLS# MDWA2029782
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