40
Map
7004 WAKE FOREST DRIVE
About This Property
Boasting approximately 3,440 total square feet, plus an additional 500+ square feet of finished attic space ready to become a spectacular home office, guest suite, playroom, or studio, this home is filled with the character and craftsmanship rarely found today. Original hardwood floors, two wood-burning fireplaces, and a classic center hall floor plan provide the perfect canvas for your vision.
The welcoming foyer is anchored by a beautifully preserved staircase, introducing the home's rich architectural heritage. A spacious formal living room with a wood-burning fireplace flows effortlessly to the inviting four-season porch, while the elegant formal dining room features chair rail molding , crystal chandelier, built-in china cabinets, and oversized windows that bathe the room in natural light-creating an unforgettable setting for holiday dinners, celebrations, and entertaining family and friends.
The spacious primary suite features its own fireplace and en-suite bath, while two additional generously sized bedrooms offer abundant natural light and hardwood flooring. The walk-out basement, offering excellent storage and future expansion possibilities, connects directly to the attached one-car garage.
This is an estate sale and the home presents an exceptional opportunity for renovation. With its solid brick construction, impressive square footage, and premier location, the possibilities are truly extraordinary.
Just blocks from the College Park Metro, University of Maryland, scenic Trolley Trail, and The Station at Riverdale Park featuring Whole Foods, Burton's Grill, Denizens Brewing Co., Gold's Gym, and an exciting collection of shops and restaurants. Trader Joe's, parks, and major commuter routes are also just minutes away.
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 23, 2026 | Sold | ||
| Sold | |||
| Jul 30, 2026 | In contract | - | |
| In contract | |||
| Jul 22, 2026 | Listed by Long & Foster Real Estate, Inc. | $600,000 | |
| Listed by Long & Foster Real Estate, Inc. | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About College Park
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,550 /mo
- 2 Beds
- 1 Bath
- 804 ft²
$1,750 /mo
- 3 Beds
- 1 Bath
- 2,816 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017