547 HIGGINS DRIVE
About This Property
The location is ideal for commuters, with easy access to Baltimore, Washington, and Ft. Meade, and only minutes from the Waugh Chapel shopping centers. The home features convenient main-level living with three spacious bedrooms and two full bathrooms. The updated, eat-in kitchen is complemented by a separate dining or living room, offering ample space for meals and gatherings.
The finished lower level is a versatile space with a cozy gas fireplace, large recreation room, additional bedroom, and a full bathroom. The laundry room is on the lower level, along with an office and additional storage. You could easily use this as an in-law suite or a totally separate apartment that has it's own back entrance. The walkout leads to a large patio, where you can enjoy your morning coffee while overlooking the scenic, peaceful woods and observing the array of wildlife that frequents the area.
This home offers a rare combination of modern updates, natural surroundings, and a prime location, making it a perfect choice for those seeking comfort and convenience in a beautiful setting. Don't miss the opportunity to make this delightful property your own. Schedule a viewing today!
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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 |
|---|---|---|---|
| Nov 22, 2024 | Sold | ||
| Sold | |||
| Oct 15, 2024 | In contract | - | |
| In contract | |||
| Oct 11, 2024 | Listed by RE/MAX Leading Edge | $639,000 | |
| Listed by RE/MAX Leading Edge | |||
| | |||
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Welcome to 547 Higgins Drive, a beautifully maintained home nestled in a tranquil cul-de-sac. Lovingly cared for and updated over the years by long-time owners, this home offers a perfect blend of comfort, convenience, and natural beauty. Backing to an unbuildable area of woods, this property provides a serene backdrop and added privacy, with the advantage of being just behind Arundel High and Middle Schools.
The location is ideal for commuters, with easy access to Baltimore, Washington, and Ft. Meade, and only minutes from the Waugh Chapel shopping centers. The home features convenient main-level living with three spacious bedrooms and two full bathrooms. The updated, eat-in kitchen is complemented by a separate dining or living room, offering ample space for meals and gatherings.
The finished lower level is a versatile space with a cozy gas fireplace, large recreation room, additional bedroom, and a full bathroom. The laundry room is on the lower level, along with an office and additional storage. You could easily use this as an in-law suite or a totally separate apartment that has it’s own back entrance. The walkout leads to a large patio, where you can enjoy your morning coffee while overlooking the scenic, peaceful woods and observing the array of wildlife that frequents the area.
This home offers a rare combination of modern updates, natural surroundings, and a prime location, making it a perfect choice for those seeking comfort and convenience in a beautiful setting. Don’t miss the opportunity to make this delightful property your own. Schedule a viewing today!
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| Jan 28, 2003 | Sold | ||
| Sold | |||
| Apr 16, 1987 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017