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3508 RIVER BRIDGE WAY
About This Property
Recent updates include a new roof (2023), hot water heater (2023), new windows (2024), updated luxury vinyl plank flooring (2024), and a completely remodeled kitchen (2024) featuring new cabinetry, countertops, and appliances. The spacious layout offers comfortable living areas, generous bedroom sizes, and plenty of room for everyday living and entertaining.
A standout feature of this property is the detached 2-car garage with full electric service and two window A/C units offering endless possibilities for vehicle storage, a workshop, hobby space, or additional storage needs.
Step outside to enjoy the fully fenced backyard, perfect for pets, play, and outdoor gatherings. With a low HOA fee of just $137.50 per year, this home offers exceptional value.
Ideally located near shopping, dining, parks, and Patuxent Greens Golf Club, with convenient access to Fort Meade, Route 295, and Route 198, this property combines comfort, convenience, and location. Don't miss this opportunity to own a move-in-ready home in one of the area's most desirable neighborhoods. Schedule your tour and discover all that this exceptional property has to offer!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 4, 2026 | Sold | ||
| Sold | |||
| Aug 4, 2026 | In contract | - | |
| In contract | |||
| Jul 20, 2026 | Price Decreased |
$499,000
↓ $16K
(3.1%) | |
| Price Decreased | |||
| Jun 29, 2026 | Price Decreased |
$515,000
↓ $20K
(3.7%) | |
| Price Decreased | |||
| Jun 17, 2026 | Listed by Rosario Realty | $535,000 | |
| Listed by Rosario Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017