$650,000
●
House -
Off Market
531 HIGHMEADOW DRIVE
SEVERN, MD 21144
4 Beds
2 Baths,
1
Half Bath
2,140 Ft²
$3,709
Est. Monthly
$50
HOA / Fees
4.95%
Cap Rate
About This Property
Final, best and no escalation clause due by 5/25 at 5pm.
Seller has the right to select an offer prior to that time.
--Welcome Home! This beautiful property offers the perfect blend of
comfort and functionality. Enjoy outdoor living on the newly
installed patio while taking advantage of the fenced-in backyard,
ideal for pets, play, or entertaining. Inside, the open concept
layout seamlessly connects the living, dining, and kitchen areas,
creating a warm and inviting atmosphere. The spacious bedrooms
provide plenty of room to relax and unwind. The garage features
reinforced shelving, offering ample extra storage for tools, gear,
and more. Surrounded by nature, you'll love the designated green
space both across and adjacent to the home, adding privacy and a
peaceful view. This home blends functionality with style in this
welcoming Severn neighborhood.
Unit Size
2,140 Ft²
Days on Market
31 days
Land Size
0.11 acres
Price per sqft
$304
Property Type
House
Property Taxes
$466
HOA Dues
$50
Year Built
2020
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 2 years ago (Bright MLS #MDAA2111976)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 27, 2025 | Sold | ||
| Sold | |||
| May 27, 2025 | In contract | - | |
| In contract | |||
| May 7, 2025 | Listed by Berkshire Hathaway HomeServices PenFed Realty | $650,000 | |
| Listed by Berkshire Hathaway HomeServices PenFed Realty | |||
| May 25, 2023 | Sold | ||
| Sold | |||
| Apr 10, 2023 | In contract | - | |
| In contract | |||
Show More
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 Severn
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Robert J Chew
Berkshire Hathaway HomeServices PenFed Realty
Last Updated: 7 hours ago
Data Source: Bright MLS , MLS# MDAA2111976
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.
Berkshire Hathaway HomeServices PenFed Realty
Last Updated: 7 hours ago
Data Source: Bright MLS , MLS# MDAA2111976
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017