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402 JOYCE DRIVE
About This Property
The kitchen flows easily into the main living spaces, while the expansive lower level offers a recreation area, the second full bathroom, abundant storage, workshop space, and flexibility for a variety of uses.
Outside, enjoy a private backyard complete with a fire pit, perfect for relaxing evenings or entertaining family and friends. A newer roof provides added peace of mind, and the convenient location places you just minutes from shopping, restaurants, BWI Airport, Fort Meade, major commuter routes, and everything the Baltimore, Annapolis, and Columbia corridors have 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 |
|---|---|---|---|
| Jul 25, 2026 | Listed by TTR Sotheby's International Realty | $439,900 | |
| Listed by TTR Sotheby's International Realty | |||
| May 9, 2024 | Sold | ||
| Sold | |||
| Apr 15, 2024 | In contract | - | |
| In contract | |||
| Apr 12, 2024 | Relisted | $420,000 | |
| Relisted | |||
| Mar 24, 2024 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017