2915 ASCOTT LANE
About This Property
At the center of it all is a kitchen built for entertaining – where windows frame tranquil garden views, and celebrations flow effortlessly from indoors to out. The expansive front yard serves as this home's personal playground that effortlessly creates nothing but beautiful memories.
While this quiet community of fewer than 30 homes offers a secluded setting, you are just a short stroll to Olney's Community Center – where indoor swimming, tennis, racquetball, volleyball, ballfields, dog parks, and playgrounds are all within walking distance from your front door. Local favorites like Starbucks, Roots Organic Market, the Golf Driving Range, are also just steps away. For commuters, enjoy easy access to the ICC Highway (5 min), Glenmont Metro (15 min), Rockville & Bethesda (20 min), and even BWI Airport (30 min).
Olney is a hub of convenience and charm with 50+ restaurants, including GrillMarX, Salt & Vine Trattoria, CAVA Mezze, Olney Grille, and Sisters Sandwiches & Such. Year-round, enjoy Olney Days with parades and fireworks, Olney Theater Center, local beer farms like Lone Oak Farm, and scenic hiking at Lake Needwood and beyond.
This charming neighborhood is full of life – offering the perfect balance of small-town warmth and city convenience. Offered for the first time in over 20 years, this truly one-of-a-kind home is your opportunity to create a lifetime of new memories on a rare piece of land that offers endless possibilities.
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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 |
|---|---|---|---|
| Dec 3, 2025 | Sold | ||
| Sold | |||
| Oct 27, 2025 | In contract | - | |
| In contract | |||
| Sep 19, 2025 | Price Decreased |
$950,000
↓ $25K
(2.6%) | |
| Price Decreased | |||
| Aug 26, 2025 | Listed by TTR Sotheby's International Realty | $975,000 | |
| Listed by TTR Sotheby's International Realty | |||
| Aug 19, 2005 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017