$445,000
●
House -
Off Market
37217 ASHER ROAD
MECHANICSVILLE, MD 20659
3 Beds
2 Baths
1,400 Ft²
$2,426
Est. Monthly
$5
HOA / Fees
5.60%
Cap Rate
About This Property
Discover this well-maintained 3-bedroom, 2-bathroom rambler nestled
on over 5 acres in the desirable Country Lakes neighborhood. Enjoy
peaceful living on a flat, private lot with a charming front porch
and spacious back deck-perfect for relaxing or entertaining.
Inside, the custom-built home offers a functional layout with a
roomy kitchen, generous bedrooms, and a primary suite with an
en-suite bath and walk-in closet. A newer roof and pride of
ownership from the original owner make this home truly move-in
ready. Don't miss out-schedule your showing today!
Unit Size
1,400 Ft²
Days on Market
32 days
Land Size
5.21 acres
Price per sqft
$311
Property Type
House
Property Taxes
$284
HOA Dues
$5
Year Built
2002
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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: 12 months ago (Bright MLS #MDSM2023444)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 24, 2025 | Sold | ||
| Sold | |||
| May 24, 2025 | In contract | - | |
| In contract | |||
| May 15, 2025 | Price Decreased |
$435,000
↓ $15K
(3.3%) | |
| Price Decreased | |||
| May 1, 2025 | Listed by The Southside Group Real Estate | $450,000 | |
| Listed by The Southside Group Real Estate | |||
| Apr 7, 2025 | Listed by The Southside Group Real Estate | $450,000 | |
| Listed by The Southside Group Real Estate | |||
| | |||
|
Discover this well-maintained 3-bedroom, 2-bathroom rambler on 5+ acres in the sought-after Country Lakes neighborhood. This custom-built home sits on a private, serene, flat lot, offering both tranquility and convenience. The primary bedroom features a spacious closet and en-suite bathroom, while the additional bedrooms are generously sized. The kitchen boasts ample cabinet space and is perfect for daily living or entertaining. With a newer roof and meticulous care from its original owner, this home is truly move-in ready. Don't miss the chance to make it yours—schedule your showing today!
| |||
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About St. Mary's
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Listed by: William Rabbitt
The Southside Group Real Estate
Last Updated: 8 hours ago
Data Source: Bright MLS , MLS# MDSM2023444
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.
The Southside Group Real Estate
Last Updated: 8 hours ago
Data Source: Bright MLS , MLS# MDSM2023444
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