7202 BAY WOOD DR
About This Property
The upper level features four generously sized bedrooms and two full baths. The luxurious primary suite includes two walk-in closets plus an additional closet, and a spa-like en-suite bathroom with dual vanities, a soaking tub, a separate shower, and a private commode. The fully finished lower level offers versatility with a large recreation room, a spacious bedroom, a full bath, and a gigantic laundry room with ample storage. Recent updates include a new roof (2019), siding (2018), refrigerator (2019), dishwasher (2019), gas stove (2019), water heater (2018), and basement waterproofing (2019), ensuring peace of mind for years to come.
Situated in a highly sought-after location, this home is just minutes from major job hubs such as the NASA Goddard Space Flight Center, Washington Business Park, and the University of Maryland Global Campus. The property is conveniently located near the New Carrollton Metro Station, offering MARC, Amtrak, and Metro access, and within easy reach of I-495/I-95 and Route 50, providing seamless commutes to Washington, D.C., and Baltimore. Nearby amenities include Woodmore Town Center, featuring Wegmans, Costco, and a variety of dining options, and recreational spots like Schrom Hills Park and the Theresa Banks Memorial Aquatics Center. With proximity to schools, hospitals, and cultural attractions, this home offers an ideal setting for families and professionals alike. Don't miss the opportunity to own this gem in a prime location! Schedule your tour today.
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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 |
|---|---|---|---|
| Dec 20, 2024 | Sold | ||
| Sold | |||
| Dec 5, 2024 | In contract | - | |
| In contract | |||
| Dec 5, 2024 | Price Increased |
$610,000
↑ $20K
(3.4%) | |
| Price Increased | |||
| Nov 29, 2024 | Listed by ExecuHome Realty | $590,000 | |
| Listed by ExecuHome Realty | |||
| Mar 11, 2020 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017