$520,000
●
House -
Off Market
447 ROYAL BEACH RD
PASADENA, MD 21122
3 Beds
3 Baths,
1
Half Bath
1,625 Ft²
$550,000
RealtyHop Estimate
0.00%
Since Dec 1, 2023
National-US
Primary Model
About This Property
Well Maintained & Updated Colonial Home Now Available in the Water
Oriented Community of Royal Beach. This 3 Bedroom, 2 & 1/2
Bathroom Home sits on a Private lot directly across from the
Community Boat Ramp, and offers a 2 Car Garage on just under a half
Acre. Features include Wood Burning Fireplace, Hardwood
Floors, Corian Countertops, Stainless Steel Appliances, Newly
Updated Half Bathroom, Primary Suite with Full Bathroom, Expansive
Basement Rec Room, Fenced in yard, Family Room & Family Living
Room, Large Storage Shed with Roll-up door, And So Much More!!!
Royal Beach Community Amenities include Boat Ramp, Baseball
Field, and is located Minutes from Annapolis, Fort Meade,
Washington DC, & Baltimore.
Unit Size
1,625 Ft²
Days on Market
-
Land Size
0.43 acres
Price per sqft
$338
Property Type
House
Property Taxes
$452
HOA Dues
$100
Year Built
1992
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Cap Rate Calculator
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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: 3 years ago (Bright MLS #MDAA2069356)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 29, 2023 | Sold | ||
| Sold | |||
| Nov 12, 2023 | In contract | - | |
| In contract | |||
| Oct 20, 2023 | Price Decreased |
$550,000
↓ $45K
(7.6%) | |
| Price Decreased | |||
| Sep 19, 2023 | Listed by Keller Williams Flagship of Maryland | $595,000 | |
| Listed by Keller Williams Flagship of Maryland | |||
| Sep 17, 2020 | Sold | ||
| Sold | |||
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Pasadena
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Listed by: Vincent Caropreso
Keller Williams Flagship of Maryland
Last Updated: 9 hours ago
Data Source: Bright MLS , MLS# MDAA2069356
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Keller Williams Flagship of Maryland
Last Updated: 9 hours ago
Data Source: Bright MLS , MLS# MDAA2069356
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