$440,000
●
House -
Off Market
4731 RIDGE RD
MOUNT AIRY, MD 21771
3 Beds
2 Baths,
1
Half Bath
1,876 Ft²
$2,087
Est. Monthly
About This Property
This lovingly maintained home is now ready for the market. The
original owner just had the beautiful hardwood floors refinished
and put on a fresh coat of paint. Spacious rooms and big windows to
enjoy the pasture views of your 1.45 acre homestead! The kitchen
was remodeled with lovely wood cabinets and granite counter tops.
Finished walk out basement has high ceilings a fireplace and tons
of storage as well. Your creativity will run wild with the
old beauty salon with half bath and extra sink. Private entrance
and entrance from breezeway add to its possibilities. Studio,
office, bedroom, in-law suite, maybe open it up to the breezeway
and the rest of the house? The very usable acreage is perfect for
animals, equipment, a pool, an addition?? There is an old
foundation in place ready for you to build a new barn or
outbuilding on. With your imagination and no HOA the
possibilities are endless!
Unit Size
1,876 Ft²
Days on Market
45 days
Land Size
1.45 acres
Price per sqft
$227
Property Type
House
Property Taxes
$330
HOA Dues
-
Year Built
1972
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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 #MDCR2019472)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 17, 2024 | Sold | ||
| Sold | |||
| Apr 2, 2024 | In contract | - | |
| In contract | |||
| Mar 29, 2024 | Listed by Maryland Elite Realtors | $425,000 | |
| Listed by Maryland Elite Realtors | |||
Property Highlights
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 Carroll
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Listed by: Cassandra Bailey
Maryland Elite Realtors
Last Updated: 10 hours ago
Data Source: Bright MLS , MLS# MDCR2019472
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.
Maryland Elite Realtors
Last Updated: 10 hours ago
Data Source: Bright MLS , MLS# MDCR2019472
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