650 RAY 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 |
|---|---|---|---|
| Dec 30, 2024 | Sold | ||
| Sold | |||
| Dec 6, 2024 | In contract | - | |
| In contract | |||
| Oct 12, 2024 | Listed by Select Premium Properties, Inc | $895,000 | |
| Listed by Select Premium Properties, Inc | |||
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Custom Built Home in Northern Calvert County Maryland (Sunderland) sitting on a professionally landscaped 2.07 acre corner lot surrounded by mature trees. 8,000+ total sq ft, approx 5,000 sq ft of finished luxurious living space. 5 bedrooms, 3 1/2 baths and plenty of entertaining space. Head inside and you're greeted by updated hardwood floors and an abundance of natural light in the spacious living room, perfect for hosting large gatherings. Northern Calvert County is considered a bedroom community of DC and close to Northern Virginia and Annapolis Maryland. Some of the best schools in the State of Maryland. A great place to enjoy the proximity to the bay and river.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017