$690,000
●
House -
Off Market
18517 QUEEN ELIZABETH DR
OLNEY, MD 20832
3 Beds
3 Baths,
1
Half Bath
2,336 Ft²
$3,306
Est. Monthly
$70
HOA / Fees
5.15%
Cap Rate
About This Property
Welcome home to this absolutely stunning and incredibly
well-maintained 3 bed, 2.5 bath colonial located in Olney Mill!
With beautiful landscaping and over 3800 sq ft, this immaculate
home is ready for you to move right in. The gleaming hardwood
floors throughout greet you as you enter and as you make your way
through the formal living and dining room, the natural light will
shine as you enter into the sunroom. The spacious eat-in kitchen
has plenty of storage and prep space, and the family room has an
incredible brick fireplace for those chilly evenings. Upstairs you
will find the hardwood floors continue as well as 3 bedrooms and 2
full bathrooms including the spacious primary suite and a
beautifully remodeled ensuite. Downstairs is a blank slate for the
basement of your dreams, or extra storage and is complete with
walk-up access! Relax outside on your deck and take in the view of
the incredible backyard that features even more beautiful
landscaping. Being just minutes from everything Olney has to offer,
this one definitely won't last long, so call us today!
Unit Size
2,336 Ft²
Days on Market
53 days
Land Size
0.43 acres
Price per sqft
$282
Property Type
House
Property Taxes
$555
HOA Dues
$70
Year Built
1979
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Cap Rate Calculator
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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 #MDMC2135102)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 2, 2024 | Sold | ||
| Sold | |||
| Jun 10, 2024 | In contract | - | |
| In contract | |||
| Jun 4, 2024 | Listed by EXP Realty, LLC | $659,000 | |
| Listed by EXP Realty, LLC | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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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 Olney
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Listed by: Karen Rollings
EXP Realty, LLC
Last Updated: 0 hours ago
Data Source: Bright MLS , MLS# MDMC2135102
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.
EXP Realty, LLC
Last Updated: 0 hours ago
Data Source: Bright MLS , MLS# MDMC2135102
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