201 MAIN STREET
About This Property
Rarely does an opportunity come along that blends historic charm, flexible living arrangements, and an unbeatable location quite like this distinctive property in the heart of the Laurel Historic District. Situated on a prominent corner lot at 201 Main Street, this unique offering includes two separate residences under one tax ID, creating endless possibilities for multi-generational living, rental income, private guest accommodations, home business potential, or investment versatility. Unit A showcases timeless Victorian character across three stories, highlighted by a welcoming covered front porch and architectural details that reflect Laurel's rich history. The main level features a spacious kitchen, dining area, pantry, convenient washer and dryer, and two versatile rooms ideal for a home office, sitting room, library, or optional bedroom space, while dual staircases add both charm and functionality. Upstairs, the second level offers three comfortable bedrooms and one and a half baths, while the unfinished basement provides abundant storage or future expansion potential. Unit B offers the convenience of single-level living with its own full kitchen, two bedrooms, and full bath-perfect for extended household members, tenants, or guests seeking privacy and independence. Outside, the property offers extensive parking rarely found in this historic setting, making everyday living and entertaining remarkably convenient. Beyond the property itself, the location truly steals the show. Enjoy being moments from Historic Main Street's locally loved restaurants, coffee shops, boutiques, breweries, and community events, with easy access to Laurel Towne Centre, Laurel Park, and nearby entertainment venues. Outdoor enthusiasts will appreciate proximity to Patuxent Research Refuge, Granville Gude Park, and the scenic trails surrounding the Patuxent River. Commuters benefit from quick connections to MARC train service, I-95, Route 1, ICC/Route 200, and the Baltimore-Washington Parkway, placing Washington, D.C., Baltimore, Fort Meade, NSA, NASA Goddard, and the University of Maryland corridor within easy reach. Rich in history, loaded with flexibility, and positioned in one of Laurel's most walkable and connected locations, this is a property with possibilities as expansive as its footprint.
Mortgage savings may be available for buyers of this listing.
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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%.
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 19, 2026 | Listed by Redfin Corp | $650,000 | |
| Listed by Redfin Corp | |||
| Jun 10, 2026 | Listed by Redfin Corp | $750,000 | |
| Listed by Redfin Corp | |||
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Commercial financing will likely be required.
Rarely does an opportunity come along that blends historic charm, flexible living arrangements, and an unbeatable location quite like this distinctive property in the heart of the Laurel Historic District. Situated on a prominent corner lot at 201 Main Street, this unique offering includes two separate residences under one tax ID, creating endless possibilities for multi-generational living, rental income, private guest accommodations, home business potential, or investment versatility. Unit A showcases timeless Victorian character across three stories, highlighted by a welcoming covered front porch and architectural details that reflect Laurel’s rich history. The main level features a spacious kitchen, dining area, pantry, convenient washer and dryer, and two versatile rooms ideal for a home office, sitting room, library, or optional bedroom space, while dual staircases add both charm and functionality. Upstairs, the second level offers three comfortable bedrooms and one and a half baths, while the unfinished basement provides abundant storage or future expansion potential. Unit B offers the convenience of single-level living with its own full kitchen, two bedrooms, and full bath—perfect for extended household members, tenants, or guests seeking privacy and independence. Outside, the property offers extensive parking rarely found in this historic setting, making everyday living and entertaining remarkably convenient. Beyond the property itself, the location truly steals the show. Enjoy being moments from Historic Main Street’s locally loved restaurants, coffee shops, boutiques, breweries, and community events, with easy access to Laurel Towne Centre, Laurel Park, and nearby entertainment venues. Outdoor enthusiasts will appreciate proximity to Patuxent Research Refuge, Granville Gude Park, and the scenic trails surrounding the Patuxent River. Commuters benefit from quick connections to MARC train service, I-95, Route 1, ICC/Route 200, and the Baltimore-Washington Parkway, placing Washington, D.C., Baltimore, Fort Meade, NSA, NASA Goddard, and the University of Maryland corridor within easy reach. Rich in history, loaded with flexibility, and positioned in one of Laurel’s most walkable and connected locations, this is a property with possibilities as expansive as its footprint.
Mortgage savings may be available for buyers of this listing.
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| Jul 26, 2022 | Sold | ||
| Sold | |||
| Jul 24, 2022 | No longer available | - | |
| No longer available | |||
| Jul 9, 2022 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017