$650,000
●
House -
Off Market
18821 ROLLING ACRES WAY
OLNEY, MD 20832
4 Beds
3 Baths,
1
Half Bath
2,277 Ft²
$3,270
Est. Monthly
$78
HOA / Fees
6.13%
Cap Rate
About This Property
Great home in sought after Olney Mill! Warm and inviting
Carlton model with 4 spacious levels! Nice main and upper
level hardwoods! All baths recently remodeled with beautiful
fixtures and features! Other updates over the years include the
architectural shingle roof, windows, siding, and more! Some
spruce ups needed here and there but impeccably maintained
throughout! Great rear yard with deck, patio & shed backing
to mature tree line! Enjoy all Olney Mill has to offer with
multiple family parks, popular community pool, tennis, pickleball,
basketball, playgrounds, ball fields, walking/jogging paths,
schools, & much more! All this plus the Olney community's
award winning youth boys and girls club, the renown Olney Theatre
Centre, excellent public and private schools, fantastic shopping &
restaurants, and everything else Olney has to offer, make this a
great place to call home!
Unit Size
2,277 Ft²
Days on Market
7 days
Land Size
0.27 acres
Price per sqft
$285
Property Type
House
Property Taxes
$485
HOA Dues
$78
Year Built
1973
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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 #MDMC2123704)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 22, 2024 | Sold | ||
| Sold | |||
| Mar 25, 2024 | In contract | - | |
| In contract | |||
| Mar 15, 2024 | Listed by Long & Foster Real Estate, Inc. | $649,900 | |
| Listed by Long & Foster Real Estate, Inc. | |||
Property Highlights
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: Jonathan Savelson
Long & Foster Real Estate, Inc.
Last Updated: 0 hours ago
Data Source: Bright MLS , MLS# MDMC2123704
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: 0 hours ago
Data Source: Bright MLS , MLS# MDMC2123704
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