702 CEDAR AVENUE
About This Property
The home was remodeled in 2008, including the Addition (fully permitted!) that added the spectacular primary suite, plus 5th bedroom, and spacious garage. Nearly everything in the home is 2008 OR NEWER, including the roof, siding, and multi-level deck with a HOT TUB (2021) that conveys with the house! HVAC, stainless kitchen appliances, and washer/dryer are all newer. Even the main sewer drain pipe from the home was replaced last year! The owners have spent more than $200k on additions and upgrades for this great home – come make it YOURS!
The home features a large fenced yard with a nice shed. It's close to 695, 97, and Rt. 2 for easy access to Baltimore, BWI and surrounding areas, but tucked away in a sweet private neighborhood removed from the main commerce areas of Glen Burnie. This home is a MUST SEE!
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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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When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 15, 2025 | Sold | ||
| Sold | |||
| Mar 17, 2025 | In contract | - | |
| In contract | |||
| Mar 12, 2025 | Listed by RE/MAX Realty Group | $465,000 | |
| Listed by RE/MAX Realty Group | |||
| | |||
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You’ve GOT to come see this home!!! 5 – count ‘em - FIVE BEDROOMS!!! The upper level PRIMARY BEDROOM with CATHEDRAL CEILINGS is enormous and it’s bathroom is incredible!!! It’s got a HEATED FLOOR and natural light flowing in from the overhead SUN TUNNELS! Laundry is on main level with the bedrooms (when do you see that in a home built in 1980!?!). It also has a completely finished lower level with a full bath and kitchenette that brings RENTAL potential! And then there’s the HUGE GARAGE!!! TWO 12 foot wide bay doors, high ceilings, and SPACE for your cars, workbench, tools, and toys!
The home was remodeled in 2008, including the Addition (fully permitted!) that added the spectacular primary suite, plus 5th bedroom, and spacious garage. Nearly everything in the home is 2008 OR NEWER, including the roof, siding, and multi-level deck with a HOT TUB (2021) that conveys with the house! HVAC, stainless kitchen appliances, and washer/dryer are all newer. Even the main sewer drain pipe from the home was replaced last year! The owners have spent more than $200k on additions and upgrades for this great home – come make it YOURS!
The home features a large fenced yard with a nice shed. It’s close to 695, 97, and Rt. 2 for easy access to Baltimore, BWI and surrounding areas, but tucked away in a sweet private neighborhood removed from the main commerce areas of Glen Burnie. This home is a MUST SEE!
| |||
| Oct 24, 1990 | Sold | ||
| Sold | |||
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About Ferndale
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017