4040 DONCASTER DRIVE
About This Property
The home features a generously sized kitchen with granite countertops, stainless-steel appliances, a dishwasher, and durable laminate flooring. The kitchen flows seamlessly into the dining area, creating an inviting space for enjoying meals with family and friends. The bright and airy living room, filled with natural light, is conveniently located directly off the dining area, making it ideal for relaxing or entertaining. The lower level offers a large recreation room, laundry room, and full bathroom, providing ample additional space for relaxation, hobbies, or other uses.
Outside, the property features a circular driveway, a spacious deck ideal for entertaining, a large storage shed, and a concrete pad that could potentially be converted into a basketball court or used for the construction of a 10-car garage.
The property is also conveniently located near rivers that offer opportunities for fishing and crabbing, and it is just minutes from La Plata, Maryland, and approximately a 45-minute drive from Washington, DC.
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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 |
|---|---|---|---|
| Sep 29, 2026 | Listed by Cottage Street Realty LLC | $479,900 | |
| Listed by Cottage Street Realty LLC | |||
| Jun 5, 2025 | Price Decreased |
$485,990
↓ $24K
(4.7%) | |
| Price Decreased | |||
| Apr 1, 2025 | Listed | $509,999 | |
| Listed | |||
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BUYERS ALERT! Nestled on a peaceful 5.25-acre lot in the desirable subdivision of Smallwood Estates, this spacious 4-bedroom, 3-bathroom split-level home offers both comfort and convenience. The heart of the home is the generously sized kitchen, featuring brand new granite countertops, stainless steel appliances, a dishwasher, and durable laminate flooring. It seamlessly flows into the dining area, perfect for enjoying meals with family and friends.
The bright and airy living room, bathed in natural light, is directly off the dining space—ideal for relaxing or entertaining. Downstairs, you'll find a large recreational room, a laundry room, and a full bathroom, providing plenty of extra space for relaxation or hobbies.
Outside, the property shines with a circular driveway offering ample parking, a large deck for outdoor entertaining, and a substantial shed for extra storage. The concrete pad is perfect for a basketball court or could easily be converted into a garage. For nature lovers, the home is conveniently located near both fresh and saltwater rivers, ideal for fishing and crabbing.
Additionally, the lot is approved for solar farm use, providing excellent potential for sustainable energy. Only minutes from LaPlata, MD, and just an hour’s drive to Washington, DC, this home offers a perfect blend of privacy and accessibility. Do not miss out on this incredible opportunity—schedule your tour today!
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| Jul 15, 1996 | Sold | ||
| Sold | |||
| Sep 24, 1987 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017