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63 PEPPERMINT LANE
About This Property
This well-maintained manufactured home in the Williams Estates & Peppermint Woods community offers convenient single-level living with an efficient layout and community amenities close to Middle River attractions. Built in 2005, the home features 3 bedrooms, 2 full bathrooms, and approximately 982 sq ft of living space.
Inside, the open-concept living area includes vaulted ceilings, a bright living room, dining space, and a kitchen with a central island and ample cabinet storage. Down the hall, the primary bedroom, two additional bedrooms, and two full baths with tub/shower combos provide flexible space for daily living or guests. A laundry area off the kitchen adds everyday convenience.
Outside, enjoy a covered front porch, a rear deck, and driveway parking for multiple vehicles. The Williams Estates & Peppermint Woods community includes playgrounds, walking paths, and a community center, with community maintenance and services included in the land lease.
Nearby anchors include Martin State Airport MARC Station (1.1 mi), Eastern Regional Park (1.5 mi), Bengies Drive-In Theatre (1.8 mi), Crazy Tuna Bar & Grille (2.0 mi), Creekside Bar & Grill (2.2 mi), Food Lion (1.2 mi), and Starbucks (1.6 mi), with easy access to MD-150 (Eastern Blvd) for commuting.
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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 |
|---|---|---|---|
| Sep 3, 2025 | Listed by EXP Realty, LLC | $68,000 | |
| Listed by EXP Realty, LLC | |||
| Jul 21, 2023 | Sold | ||
| Sold | |||
| Jul 18, 2023 | In contract | - | |
| In contract | |||
| Jul 10, 2023 | Relisted | $59,900 | |
| Relisted | |||
| Jun 14, 2023 | In contract | - | |
| In contract | |||
Property Highlights
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About Middle River
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$1,900 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017