503 CATALPA LANE
About This Property
This home features a one-car attached garage and boasts a full, partially finished basement that presents ample opportunities for additional living space or storage. The kitchen and dining area provide a cozy space for meal preparations and family gatherings. Positioned on nearly a quarter-acre lot, the spacious yard is ideal for outdoor activities and gardening.
While the property is sold in as-is condition, it holds incredible potential for improvement and value addition. It's perfect for investors or homeowners looking for a renovation project. Please note, the utilities may not be activatable for inspection or appraisal purposes, and the property may not qualify for traditional financing due to its condition. Cash or renovation loans are recommended. This property may qualify for Seller Financing (Vendee). If the property was built prior to 1978, lead-based paint potentially exists.
Embrace the opportunity to transform this home into your dream space or a profitable investment. Schedule your viewing today and see the potential firsthand!
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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 30, 2026 | Sold | ||
| Sold | |||
| Mar 24, 2026 | In contract | - | |
| In contract | |||
| Mar 17, 2026 | Price Decreased |
$338,500
↓ $10K
(2.7%) | |
| Price Decreased | |||
| Feb 10, 2026 | Listed by Samson Properties | $348,000 | |
| Listed by Samson Properties | |||
| | |||
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Welcome home to this beautifully designed 4-bedroom, 2.5-bath rambler in Edgewood, MD offering space, flexibility, and comfort all on one level plus a fully finished lower level!
Step inside to an inviting open floor plan that seamlessly connects the main living areas—perfect for entertaining or everyday living. Enjoy both a cozy family room and a separate living room, giving everyone their own space to relax.
The private primary suite is thoughtfully separated from the additional bedrooms and features a spacious layout with its own en-suite bath—your personal retreat at the end of the day.
Downstairs, the fully finished basement expands your living space with:
✔️ A second family room
✔️ Dedicated office area or bonus room
✔️ Flexible space for guests, hobbies, or home gym
Additional highlights include:
🚗 1-car garage
📦 Ample storage
🌿 Versatile layout ideal for multi-generational living or work-from-home needs
Whether you’re looking for room to spread out or space to gather, this home delivers comfort and functionality in one smart layout
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| Jul 30, 2024 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017