394 KINGS COLLEGE DRIVE
About This Property
The home features three bedrooms, two and a half baths, and an attached one-car garage. Major exterior updates include a new roof and new siding, adding fresh curb appeal and peace of mind. Inside, Brazilian cherry hardwood floors run throughout, bringing warmth and character to the home. The kitchen has been updated with new countertops, backsplash, and appliances, creating a clean, modern space ready for everyday living and entertaining. The sunlit family room is a standout, featuring built-in bookshelves and a cozy woodstove.
Out back, enjoy the spacious deck overlooking woods and conserved land, offering a natural extension of your living space. There's also an upgraded shed with electricity and insulation, perfect for a workshop, hobby space, or extra storage.
Community playground and walking path at the end of the block. Access to the Broadneck Peninsula trail is at the entrance to the community. Less than 5 minutes to Anne Arundel Community College.
A great opportunity in a tucked-away neighborhood, yet close to everything the area has to offer.
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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%.
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 |
|---|---|---|---|
| Apr 24, 2026 | Sold | ||
| Sold | |||
| Mar 23, 2026 | In contract | - | |
| In contract | |||
| Mar 19, 2026 | Price Decreased |
$624,999
↓ $14K
(2.2%) | |
| Price Decreased | |||
| Mar 11, 2026 | Price Decreased |
$639,000
↓ $10K
(1.5%) | |
| Price Decreased | |||
| Mar 5, 2026 | Relisted | $649,000 | |
| Relisted | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017