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19412 MUNCASTER ROAD
About This Property
Welcome to this inviting rancher with modern upgrades in a prime location! This home features a renovated kitchen, updated bathrooms, vinyl windows and fresh paint. Main level hardwoods and new carpet on the lower level. This property includes an oversized two-car garage, a detached shed with additional bay and loft, and an inviting above-ground pool off the deck - all situated on a flat half-acre lot.
Located just moments from key commuter routes like ICC-200, this home is also near downtown Olney, which has as a variety of groceries, restaurants, and shops. Nearby recreational attractions include the Manor at Silo Falls, Blue Mash and Laytonsville Golf Courses, OBGC Community Park, and Lone Oak Farm Brewery, enhancing the appeal of this desirable location.
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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%.
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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 |
|---|---|---|---|
| Aug 21, 2024 | Sold | ||
| Sold | |||
| Aug 7, 2024 | In contract | - | |
| In contract | |||
| Aug 1, 2024 | No longer available | - | |
| No longer available | |||
| Jul 30, 2024 | Listed by RE/MAX Realty Group | $565,000 | |
| Listed by RE/MAX Realty Group | |||
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***All offers are due Tuesday, August 6th at 5:00 pm.***
Welcome to this inviting rancher with modern upgrades in a prime location! This home features a renovated kitchen, updated bathrooms, vinyl windows and fresh paint. Main level hardwoods and new carpet on the lower level. This property includes an oversized two-car garage, a detached shed with additional bay and loft, and an inviting above-ground pool off the deck - all situated on a flat half-acre lot.
Located just moments from key commuter routes like ICC-200, this home is also near downtown Olney, which has as a variety of groceries, restaurants, and shops. Nearby recreational attractions include the Manor at Silo Falls, Blue Mash and Laytonsville Golf Courses, OBGC Community Park, and Lone Oak Farm Brewery, enhancing the appeal of this desirable location.
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Property Highlights
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About Montgomery
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017