18533 BOWIE MILL 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.
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 28, 2024 | Sold | ||
| Sold | |||
| Jun 6, 2024 | In contract | - | |
| In contract | |||
| May 23, 2024 | Listed by RE/MAX Realty Services | $699,900 | |
| Listed by RE/MAX Realty Services | |||
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OFFER DEADLINE is Tuesday, June 4th at 6:00 p.m. Welcome to 18533 Bowie Mill Road, a beautiful single-family home located in the heart of Olney, Maryland. This stunning property includes 5 spacious bedrooms, 2 full bathrooms, and a 1-car garage. Home Updates include 2024 Exterior Front Door-2023-Lighting and Fixtures- Electrical Wiring-Recessed Lighting-Sliding Doors-Window Replacement Glass/Seals-Paint-Crown Molding and Trim-Bathroom Plumbing-Electrical Panel- Ceiling Replacement- Kitchen Plumbing-Quartz Countertops- Kitchen Aid Premier Appliances- Gourmet Induction Cooktop- Stainless Steel Kitchen Sink- Kitchen Cabinets and Hardware- Hall and Pantry Closets-Cabinet and Closet Shelving-Interior Hardware- LVP Commercial Grade Flooring- Toilets-Bathroom Hardware- Replacement Vanities-Tile Replacement- Ceiling Fans- Electrical Dimmers- Laundry Closet- Samsung Bespoke Washer and Dryer- Garage Door- Garage Operating Equipment- Electrical Outlets- Trex Decking with Gate- Pool Gate with Two Gates- Pool Pump and Equipment- Refurbished Shed with Storage- Refurbished Shed Decking- Refinished Exterior Property Fence- Siding Painted and Exterior Trim Replaced- New HVAC and Water Heater- New Blinds/Window Coverings- White vinyl pool fencing-New pvc pool piping, overflow drain, and hose- All new dining and front entry hall chandeliers, kitchen pendant lights, bathroom vanity lights, and interior light fixtures- LVP Commercial Grade Laminate Steps, Treads, and Raisers at front entry- New Polaris pool vacuum cleaner- New pool cover and weights- New exterior door to pool equipment shed. Located in a peaceful and friendly neighborhood, this property is just minutes away from shopping, dining, and entertainment options, as well as award-winning schools. Don't miss out on the opportunity to make this beautiful house your new home.
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| May 8, 2023 | Sold | ||
| Sold | |||
| Apr 22, 2023 | In contract | - | |
| In contract | |||
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About Olney
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017