3605 MARLBROUGH WAY
About This Property
The main level features a bright and welcoming living room, a separate dining room and a reimagined kitchen with quartz countertops, stainless appliances, and brand new cabinets and ceramic tile flooring. For your convenience, there is also a large reach-in pantry closet and walk-out access to the side of the home. Down the hall you will find 4 bedrooms and 2 bathrooms, including a primary bedroom with en suite bath. Both bathrooms have been fully updated with modern fixtures, vanities and custom tile work. The hardwood floors run throughout the main level and have been refinished beautifully!
Possibilities for the lower level are endless - there is a second living room area, a separate room that would be great for an office, a fully renovated bathroom and loads of other finished living space with a walk-out to the rear yard and brand new sliding glass door. There is also a separate laundry room with extra storage space/cabinets.
HVAC, roof and water heater are all recent. Brand new appliances including washer/dryer.
The location is perfect - ground was just broken in April on the brand new College Park Woods Clubhouse and should be completed late in 2024. The neighborhood is also in close proximity to several neighborhood parks and golf courses - Paint Branch Park & Golf Complex; College Park Woods, Cherry Hill Road and Adelphi Parks and less than two miles from The University of Maryland campus! All kinds of new development popping up in the area.
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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.
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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 |
|---|---|---|---|
| Aug 9, 2024 | Sold | ||
| Sold | |||
| Jul 6, 2024 | In contract | - | |
| In contract | |||
| Jun 28, 2024 | Listed by EXP Realty, LLC | $599,000 | |
| Listed by EXP Realty, LLC | |||
| | |||
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Check out this fabulous renovation brought to you by Mantanzas LLC in the heart of College Park Woods! Over 3000 square feet of well-designed livable space is ready for new owners after LOTS of updates.
The main level features a bright and welcoming living room, a separate dining room and a reimagined kitchen with quartz countertops, stainless appliances, and brand new cabinets and ceramic tile flooring. For your convenience, there is also a large reach-in pantry closet and walk-out access to the side of the home. Down the hall you will find 4 bedrooms and 2 bathrooms, including a primary bedroom with en suite bath. Both bathrooms have been fully updated with modern fixtures, vanities and custom tile work. The hardwood floors run throughout the main level and have been refinished beautifully!
Possibilities for the lower level are endless - there is a second living room area, a separate room that would be great for an office, a fully renovated bathroom and loads of other finished living space with a walk-out to the rear yard and brand new sliding glass door. There is also a separate laundry room with extra storage space/cabinets.
HVAC, roof and water heater are all recent. Brand new appliances including washer/dryer.
The location is perfect - ground was just broken in April on the brand new College Park Woods Clubhouse and should be completed late in 2024. The neighborhood is also in close proximity to several neighborhood parks and golf courses - Paint Branch Park & Golf Complex; College Park Woods, Cherry Hill Road and Adelphi Parks and less than two miles from The University of Maryland campus! All kinds of new development popping up in the area.
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| Oct 13, 1978 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017