3404 OLIVE BRANCH DRIVE
About This Property
Inside, natural light fills every room; Hardwood floors and high ceilings, crown molding, piano molding and custom millwork flow through the main and upper levels. The two-story foyer opens to a spacious living room with floor to ceiling windows and bay window extension. The open formal dining room has 3 windows, custom moldings & chandelier. The kitchen and breakfast area pops with white cabinets, granite counters, stainless steel appliances, and recessed lighting. The family room features a brick fireplace and opens to a spacious deck.
The walk-out lower level offers an "in-law Suite" with built in shelving, cedar closet, 2nd kitchen with cherry cabinets and formica counters. 5th bedroom, and a full bath, A finished laundry room with front load washer and dryer, and access to a flagstone patio - perfect for guests or multigenerational living. Upstairs, the light-filled primary suite includes a large sitting room w/palladian window, cathedral ceilings, two closets (one walk-in), and a renovated bath with soaking tub, new shower door, wood vanity with a vessel sink and Silestone countertop. Additional bedrooms feature walk-in closets, attic access. All bedrooms have Ceiling Fans and Elfa Closet Storage systems.
Located minutes from Route 29, I-95, and the ICC (MD-200), this home is ideal for commuting to DC and Baltimore. Nearby shopping, schools, and public transit add to the convenience - while the serene and amazing surroundings make coming home feel like a true escape.
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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 23, 2025 | Sold | ||
| Sold | |||
| Oct 4, 2025 | In contract | - | |
| In contract | |||
| Oct 2, 2025 | Price Decreased |
$699,900
↓ $48K
(6.4%) | |
| Price Decreased | |||
| Aug 21, 2025 | Price Decreased |
$748,000
↓ $17K
(2.2%) | |
| Price Decreased | |||
| Aug 14, 2025 | Listed by RE/MAX Realty Centre, Inc. | $765,000 | |
| Listed by RE/MAX Realty Centre, Inc. | |||
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About Fairland
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017