3512 MABANK LANE
About This Property
The interior layout is both functional and inviting, with a spacious living room featuring a fireplace that flows into the dining area. The updated eat-in kitchen includes stainless steel appliances, stylish cabinetry, and additional storage, with space for casual dining. From here, step out to the screened porch-perfect for relaxing while overlooking the backyard.
The home includes three bedrooms and two full baths, including a primary suite with an updated private bath. The additional bedrooms offer flexibility for guests, office space, or hobbies.
Notable improvements and features include a whole-house generator, updated electrical panel, and key system improvements: roof (2012), HVAC (2013), windows and storm door (2017), gutters (2019), tankless water heater (2019), and screened porch (2015).
No HOA. Ideally positioned for commuting to D.C., Baltimore, and Annapolis, with close proximity to shopping, dining, parks, walking trails, Andrews AFB, Fort Meade, and MARC train access.
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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 |
|---|---|---|---|
| Jun 3, 2026 | Sold | ||
| Sold | |||
| May 5, 2026 | In contract | - | |
| In contract | |||
| Apr 15, 2026 | Price Decreased |
$500,000
↓ $30K
(5.7%) | |
| Price Decreased | |||
| Apr 10, 2026 | Listed by Long & Foster Real Estate, Inc. | $530,000 | |
| Listed by Long & Foster Real Estate, Inc. | |||
| Oct 24, 1985 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017