282 RAINTREE DRIVE
About This Property
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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 |
|---|---|---|---|
| Oct 8, 2024 | Sold | ||
| Sold | |||
| Sep 10, 2024 | In contract | - | |
| In contract | |||
| Sep 5, 2024 | Listed by Berkshire Hathaway HomeServices PenFed Realty | $560,000 | |
| Listed by Berkshire Hathaway HomeServices PenFed Realty | |||
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This pristine four level, split level home offers almost 2,600 total s.f. and is located on a quiet cul de sac lot in the Raintree neighborhood of Arnold, just minutes to Anne Arundel Community College and Route 2 with easy access to Route 50. The main level welcomes you with hardwood flooring throughout the foyer, living room and dining room with sliding doors to the deck with stairs to the back yard with a stone paver patio and firepit area. The dining room opens to the kitchen with brand-new stainless-steel appliances and granite countertops. The upper level offers three nicely sized bedrooms and two full baths, including the primary bedroom with en suite bathroom. A few steps down from the main level, you'll find a recreation room with space for 2 living areas, a powder room, laundry room with storage, and an incredible sunroom with cedar plank walls and cathedral ceiling and an entrance to the backyard. Finally, there is a lower basement that offers a den/additional living space with a storage closet, along with a large workshop/storage room. The entire yard is landscaped and hardscaped to include a front paver patio, and a two-tier paver patio with stairs down to the lower fire pit area, all sitting below the no-maintenance vinyl and TREX deck. A newer wood privacy fence runs along the back of the property, and there is a shed for storage. New carpet was just installed, and paint has been refreshed throughout the home. This is a must see!
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| Apr 19, 2016 | Sold | ||
| Sold | |||
| Sep 3, 2015 | Listed by RE/MAX Leading Edge | $363,900 | |
| Listed by RE/MAX Leading Edge | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017