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584 PARK ROAD
About This Property
The kitchen serves as the heart of the home, finished with quartz countertops, an oversized island, stainless steel appliances, solid wood soft-close cabinetry, upgraded lighting, and a walk-in pantry. A distinctive high-tank pull-chain toilet and copper ceiling in the powder room adds an unexpected nod to classic design-one of several thoughtful details that set this home apart.
Upstairs, four well-proportioned bedrooms offer comfortable living, including a primary suite with a walk-in closet and a spa-inspired bath featuring a freestanding soaking tub, frameless glass shower, double vanity, and a smart toilet with integrated bidet. Two additional bedrooms include walk-in closets, and all bedrooms are pre-wired for ceiling fans. The upper-level laundry room is equipped with cabinetry and a utility sink for added convenience.
The walk-out lower level is roughed in for a full bath and offers flexibility for future expansion-ideal for a fifth bedroom, guest suite, recreation space, or additional living area.
A welcoming front porch, storage shed, and garage with ample storage complete the exterior. Located within the Severna Park school district, the community also offers water access with a beach, boat ramp, kayak launch, and pier-bringing lifestyle and location together in one exceptional offering. Choose your carpet color on upper level or upgrade to hardwood at an additional cost. Excuse our dust, the builder is all most done!
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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 |
|---|---|---|---|
| May 31, 2026 | Delisted | - | |
| Delisted | |||
| May 22, 2026 | In contract | - | |
| In contract | |||
| Apr 24, 2026 | Price Decreased |
$750,000
↓ $50K
(6.3%) | |
| Price Decreased | |||
| Apr 9, 2026 | Listed by CENTURY 21 New Millennium | $800,000 | |
| Listed by CENTURY 21 New Millennium | |||
| Feb 6, 2023 | Sold | ||
| Sold | |||
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About Severna Park
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$4,400 /mo
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$4,995 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017