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28733 RIDGE ROAD
About This Property
A rare opportunity to own a piece of Mount Airy's heritage, this stunning 1925 Cape Cod farmhouse sits on a sprawling 0.98-acre lot and beautifully blends historic charm with modern updates. Offering over 2,700 finished square feet, this 5-bedroom, 3-bath home showcases original period woodwork, detailed moldings, built-ins, and newly refinished hardwood floors throughout. The timeless architecture and expansive front porch create a striking first impression, while the open, light-filled layout provides comfortable and functional living.
Thoughtfully updated for today's lifestyle, the home features a well-appointed kitchen with upgraded countertops, newer cabinetry, and modern appliances. A main-level bedroom and full bath offer flexibility for guests, multi-generational living, or a private home office. Additional highlights include multiple heating sources for year-round comfort, including two heat pumps, oil heat, and a wood-burning stove, as well as a full unfinished basement ready for future expansion.
Set within the Agricultural Reserve, the nearly one-acre lot offers a peaceful, open setting with endless potential. A detached two-car garage and several farm-style outbuildings (sold as-is) provide space for hobbies, storage, or creative use. Enjoy the tranquility of country living with convenient access to major commuter routes, Baltimore, and Washington, D.C.-a truly unique property that combines timeless character with modern convenience.
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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 5, 2026 | Price Increased |
$600,000
↑ $100K
(20%) | |
| Price Increased | |||
| Jul 3, 2026 | In contract | - | |
| In contract | |||
| Jun 14, 2026 | Price Decreased |
$500,000
↓ $84K
(14.4%) | |
| Price Decreased | |||
| Apr 30, 2026 | Listed by Keller Williams Realty | $583,826 | |
| Listed by Keller Williams Realty | |||
| Mar 29, 2018 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017