$575,000
●
House -
Off Market
28924 RIDGE ROAD
MOUNT AIRY, MD 21771
4 Beds
2 Baths
2,185 Ft²
$3,479
Est. Monthly
5.82%
Cap Rate
About This Property
Welcome to this beautifully updated rambler, nestled on nearly half
an acre of serene, private land-perfect for weekend barbecues and
outdoor entertaining.
This well-maintained home features numerous updates, including:
New A/C unit (2024)
50-year roof (installed in 2020)
Fully renovated kitchen with bamboo flooring (2018)
New half bath (2022)
Updated primary bathroom (2024)
Finished basement (2015)
Additional features include a 20' x 30' workshop, one-car garage with second-floor storage, and a 10' x 20' shed. Enjoy outdoor living on the Trex deck (2021), and appreciate the upgraded windows in the three upper bedrooms (2021).
The property line extends approximately 8 feet beyond the back fence, offering even more space and privacy.
This home is a true gem-ideal for families seeking comfort and space, as well as those in need of functional workshop areas. A must-see! Photos for this listing have been virtually staged.
This well-maintained home features numerous updates, including:
New A/C unit (2024)
50-year roof (installed in 2020)
Fully renovated kitchen with bamboo flooring (2018)
New half bath (2022)
Updated primary bathroom (2024)
Finished basement (2015)
Additional features include a 20' x 30' workshop, one-car garage with second-floor storage, and a 10' x 20' shed. Enjoy outdoor living on the Trex deck (2021), and appreciate the upgraded windows in the three upper bedrooms (2021).
The property line extends approximately 8 feet beyond the back fence, offering even more space and privacy.
This home is a true gem-ideal for families seeking comfort and space, as well as those in need of functional workshop areas. A must-see! Photos for this listing have been virtually staged.
Unit Size
2,185 Ft²
Days on Market
-
Land Size
0.48 acres
Price per sqft
$284
Property Type
House
Property Taxes
$437
HOA Dues
-
Year Built
1973
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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: 7 months ago (Bright MLS #MDMC2202196)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 10, 2026 | Sold | ||
| Sold | |||
| Mar 6, 2026 | In contract | - | |
| In contract | |||
| Feb 16, 2026 | Relisted | $619,500 | |
| Relisted | |||
| Feb 12, 2026 | No longer available | - | |
| No longer available | |||
| Nov 2, 2025 | Price Decreased |
$619,500
↓ $21K
(3.2%) | |
| Price Decreased | |||
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Property Highlights
Air Conditioning
Fireplace
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
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Montgomery
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Listed by: Yu Jun Sun
Redfin Corp
Last Updated: 9 hours ago
Data Source: Bright MLS , MLS# MDMC2202196
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.
Redfin Corp
Last Updated: 9 hours ago
Data Source: Bright MLS , MLS# MDMC2202196
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