5403 HAMLET AVENUE
About This Property
This fully renovated 3-bedroom, 2-full bath detached Cape Cod offers three finished levels of living space and is positioned for medical professionals, university faculty, researchers, and staff seeking convenient access to Johns Hopkins Hospital, Johns Hopkins University Homewood campus, Downtown Baltimore, Harbor East, and major commuter routes including I-95, I-895, Route 1 (Belair Road), and I-695.
Enjoy residential comfort while staying connected to Baltimore's leading employment centers.
Inside, the home blends timeless architecture with modern upgrades. The main level features 10-foot ceilings, expansive windows, hardwood flooring, recessed lighting, and an open layout ideal for both entertaining and quiet evenings after long shifts.
The kitchen centers around a 7-foot granite island with seating, farmhouse sink, stainless steel appliance package, designer backsplash, wine cooler, and generous cabinetry - designed for functionality and gathering.
A dedicated main-level flex room provides ideal space for a home office, study, reading room, or hybrid workspace - especially valuable for academic or medical schedules.
Upstairs, three spacious bedrooms offer natural light and comfortable retreat space. Two updated full baths feature contemporary tile, recessed lighting, and thoughtful finishes. The primary bath includes dual sinks, programmable mirrors, and a separate shower area. The secondary bath offers a full soaking tub positioned near natural light.
The fully finished basement expands usable square footage for recreation, fitness, media, or guest accommodations.
Outdoor space includes a fenced rear yard suitable for gardening, pets, or outdoor dining. Multiple entrances add flexibility and convenience. On-street parking available.
Beyond the home itself, Hamilton Hills offers neighborhood amenities that enhance daily living. Zeeks Coffee Bar & Cafe provides a nearby gathering spot for morning coffee or casual meetings, and during temperate months, the neighborhood farmers market offers fresh, local selections and community connection on Thursdays.
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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 | |||
| Apr 11, 2026 | In contract | - | |
| In contract | |||
| Mar 22, 2026 | Price Decreased |
$415,000
↓ $5K
(1.1%) | |
| Price Decreased | |||
| Mar 4, 2026 | Price Decreased |
$419,540
↓ $5K
(1.3%) | |
| Price Decreased | |||
| Jan 31, 2026 | Listed by Long & Foster Real Estate, Inc. | $425,000 | |
| Listed by Long & Foster Real Estate, Inc. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017