$669,793
●
House -
Off Market
1904 RIDGEWOOD RD
HANOVER, MD 21076
5 Beds
3 Baths,
1
Half Bath
2,200 Ft²
$3,337
Est. Monthly
$150
HOA / Fees
7.30%
Cap Rate
About This Property
RIDGEWOOD ESTATES! When I say this one is one-of-a-kind, I'm not
kidding. The Sellers prepared this home for sale with intent for
you to simply move right in! They replaced the carpet late-January
(2024); renovated the Kitchen and just this year, installed
stainless steel appliances; refreshed the rooms with a neutral
color scheme; replaced the roof in 2022; reinsulated the attic;
replaced the windows; and, yes, the list goes on! Now onto some fun
features - the backsplash in the Kitchen gives you an idea of what
I'm talking about. The lower level is outfitted for a
full-operation workshop; a media room with sound boards, track
lighting and custom wood paneling; the outdoor spaces feature a
composite deck for entertaining; meandering flagstone and paver
walkways; and, a 'clubhouse' treehouse! You are going to have a
great time touring this one! Welcome to 1904 Ridgewood Road - your
new home!
Unit Size
2,200 Ft²
Days on Market
-
Land Size
1.32 acres
Price per sqft
$295
Property Type
House
Property Taxes
$420
HOA Dues
$150
Year Built
1982
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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 #MDAA2054260)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 29, 2024 | Sold | ||
| Sold | |||
| Feb 4, 2024 | In contract | - | |
| In contract | |||
| Feb 1, 2024 | Listed by Long & Foster Real Estate, Inc. | $649,000 | |
| Listed by Long & Foster Real Estate, Inc. | |||
Property Highlights
Garage
Air Conditioning
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
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Asking Price
Listed On
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Closing Price
Sold On
Sold On
HOA + Taxes
About Severn
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Listed by: Jennifer Klarman
Long & Foster Real Estate, Inc.
Last Updated: 8 hours ago
Data Source: Bright MLS , MLS# MDAA2054260
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: 8 hours ago
Data Source: Bright MLS , MLS# MDAA2054260
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