$530,000
●
House -
In Contract
218 MONUMENT DRIVE
BOONSBORO, MD 21713
4 Beds
3 Baths,
1
Half Bath
3,227 Ft²
$3,090
Est. Monthly
6.45%
Cap Rate
About This Property
Located in the desirable Sycamore Run subdivision of historic
Boonsboro, this modern two-story single-family home features a
practical, light-filled layout with approximately 2,748 square feet
of finished interior space. Built in 2016, the main level offers a
seamless flow between the formal entry, expansive living room with
a gas fireplace, and a open-concept kitchen equipped with generous
counter space and dining area. Upper-level bedrooms provide
comfortable separation and privacy, while the finished basement
adds valuable flexible space for a recreation room, home gym, or
additional storage. Outside, the property sits on a manageable
residential lot with an attached two-car garage. Positioned with
rapid access to US-40, MD-68, and I-70, commuters enjoy an easy
drive toward Hagerstown or Frederick. The home is located less than
a mile from local highlights like Shafer Park and downtown dining.
This home is a must-see!
Unit Size
3,227 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$164
Property Type
House
Property Taxes
$487
HOA Dues
-
Year Built
2016
Listed By
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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: 18 days ago (Bright MLS #MDWA2038896)
Price History
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Parking Features: Driveway, Attached, Garage, Asphalt Driveway
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 3
Interior Features: Soaking Tub, Breakfast Bar, Built-in Features, Ceiling Fan(s), Kitchen Island, Pantry, Recessed Lighting, Walk-In Closet(s), Attic, Bathroom - Stall Shower, Bathroom - Tub Shower, Bathroom - Walk-In Shower, Carpet, Dining Area, Family Room Off Kitchen, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Country, Kitchen - Gourmet, Kitchen - Table Space, Primary Bath(s), Sprinkler System, Water Treat System
Has Fireplace
Fireplace Features: Propane
Fireplaces: 1
Basement: Full
Exterior Details
Square Footage: 3227
Square Footage Source: $0
Property Condition: Excellent
Architectural Style: Traditional
Year Built Source: Assessor
Year Built: 2016
Builder Name: Ryan Homes
Builder Model: Milan
Levels: 3
Other Structures: Above Grade, Below Grade
Construction Materials: Shingle Siding, Stone, Mixed
Patio and Porch Features: Deck, Patio
Lot Size Area: 6839
Lot Size Units: Square Feet
Lot Size Acres: 0.16
Lot Size Square Feet: 6839
Tax Lot: 73
Water Source: Public
Financial Details
Tax Assessed Value: $486,233
Tax Annual Amount: $5,841
Utilities Details
Cooling Type: Central Air
Heating Type: Hot Water & Baseboard - Electric
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
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Closing Price
Sold On
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HOA + Taxes
About Boonsboro
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Listed by: Robert J Krop
Keller Williams Realty Centre
Last Updated: 0 hours ago
Data Source: Bright MLS , MLS# MDWA2038896
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Keller Williams Realty Centre
Last Updated: 0 hours ago
Data Source: Bright MLS , MLS# MDWA2038896
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