61 ARK ROAD
About This Property
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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 9, 2025 | Sold | ||
| Sold | |||
| Mar 20, 2025 | In contract | - | |
| In contract | |||
| Mar 14, 2025 | Listed by TTR Sotheby's International Realty | $350,000 | |
| Listed by TTR Sotheby's International Realty | |||
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Offers received! Please submit your offers by 10am 3/19/2025. Indulge in serenity in Lothian, MD! This exquisitely renovated home is a haven of tranquility, nestled on a sprawling private acre. Recently remodeled to perfection, this residence boasts newer siding, roof, floors, appliances, kitchen, tankless water heater, and HVAC, ensuring modern comfort and style. The spacious backyard hosts a large shed, while inside, you'll find potential for two bedrooms, a full bathroom, dining area, and living room. Complemented by two alluring decks just beyond the front and back thresholds, beckoning outdoor relaxation. Situated just 9 miles from Edgewater, 16 miles from Historic Annapolis, and 29 miles from DC, this location offers the ideal blend of convenience and escape from the hustle and bustle.
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| Mar 18, 2019 | Sold | ||
| Sold | |||
| Jul 12, 2018 | Listed by RE/MAX Realty Services | $79,000 | |
| Listed by RE/MAX Realty Services | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017