6433 LOUDON AVENUE
About This Property
A main-level bedroom provides valuable flexibility for guests, a home office, or convenient one-level living. Generous windows fill the home with natural light, while the spacious dining room and adjoining living areas offer plenty of room for everyday living and entertaining. A new roof, installed in October 2025, adds an important recent improvement.
Outside, mature trees and established landscaping create a lovely setting, but the true standout is the massive detached garage. Measuring approximately 24' x 36', this impressive space features HVAC, a loft, electric, and plumbing for sewage-offering incredible potential for a workshop, car enthusiast, hobby space, home gym, storage, or a variety of other uses.
The location offers even more to enjoy, with Harwood Park Playground just down the street and the Howard County Library System's Elkridge Branch nearby. Howard County has also recently broken ground on a new community and 55+ center in the area, adding another exciting amenity to the neighborhood. Convenient access to major commuter routes, shopping, dining, and recreation rounds out the location. 6433 Loudon Ave is a unique opportunity to own a home with genuine character, a sense of history, and an exceptional garage that's difficult to find.
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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%.
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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.
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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.
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About Elkridge
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017