$541,500
↑ $14K (2.5%)
●
House -
Off Market
3035 OLD CHANNEL RD
LAUREL, MD 20724
3 Beds
3 Baths,
1
Half Bath
1,800 Ft²
$2,804
Est. Monthly
$78
HOA / Fees
6.31%
Cap Rate
About This Property
NEW GREAT PRICE! OPEN HOUSE SUNDAY June 30 from 2-4PM! This updated
single-family home in Russett has a fantastic layout with a
spacious and inviting living room, ideal for relaxation and
gatherings, a private dining room which provides an intimate space
for family meals, and a half bath and family room with fireplace -
all on the main floor. Cozy upper floor full of natural light
features three comfortable bedrooms and two full bathrooms. The
lower level is a blank canvas, awaiting just your imagination. Lots
of possibilities - additional rec room, more bedrooms, art studio.
You can customize however you'd like! Two-car garage and ample
driveway, provides parking options and storage space. Fantastic
private deck with lush greenery off the family room, perfect for
grilling and outdoor dining. The backyard offers a serene escape
for relaxation and play. Schedule your showing today!
Unit Size
1,800 Ft²
Days on Market
35 days
Land Size
0.13 acres
Price per sqft
$308
Property Type
House
Property Taxes
$403
HOA Dues
$78
Year Built
1995
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Cap Rate Calculator
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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: 3 years ago (Bright MLS #MDAA2084088)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 5, 2024 | Price Increased |
$555,000
↑ $14K
(2.5%) | |
| Price Increased | |||
| Aug 5, 2024 | Sold | ||
| Sold | |||
| Jul 1, 2024 | In contract | - | |
| In contract | |||
| Jun 25, 2024 | Price Decreased |
$549,999
↓ $10K
(1.7%) | |
| Price Decreased | |||
| Jun 22, 2024 | Price Decreased |
$559,499
↓ $1
(0%) | |
| Price Decreased | |||
Show More
Property Highlights
Garage
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 Maryland City
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Listed by: Tanya Salseth
KW United
Last Updated: 9 hours ago
Data Source: Bright MLS , MLS# MDAA2084088
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.
KW United
Last Updated: 9 hours ago
Data Source: Bright MLS , MLS# MDAA2084088
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