7020 IRONBRIDGE LANE
About This Property
Upstairs, the luxurious primary suite is a true retreat, featuring its own gas fireplace, a private den/sitting area, three walk-in closets, and a spa-inspired bathroom with dual vanities, two water closets, a soaking tub, and a double shower. Two bedrooms share a Jack-and-Jill bath, while a fourth bedroom includes a private ensuite.
The fully finished walkout lower level is an entertainer's dream with an oversized rec room, full home theater, wet bar, wine cellar, cedar closet, full bath, and an additional office or optional guest bedroom.
Located near major commuter routes including Route 29, I-95, and I-495, and just minutes from shopping, dining, and entertainment options, this home offers the perfect blend of luxury, convenience, and style in one of Laurel's most desirable communities.
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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%.
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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.
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 |
|---|---|---|---|
| May 28, 2025 | Sold | ||
| Sold | |||
| Apr 29, 2025 | In contract | - | |
| In contract | |||
| Apr 10, 2025 | Listed by Berkshire Hathaway HomeServices PenFed Realty | $899,000 | |
| Listed by Berkshire Hathaway HomeServices PenFed Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017