7233 SECOND TIME LN
About This Property
Enjoy outdoor relaxation on the screened back porch or make use of the attached two-car garage for added convenience. This home has been thoughtfully updated with major improvements totaling over $106,000, including a kitchen renovation (2015), new roof (2017), updated bathrooms, and newer heating, cooling, and water systems. See the attached flyer for the full details!
Nearby attractions include Merriweather Post Pavilion, Robinson Nature Center, and Columbia SportsPark, while Lake Elkhorn Park and Patapsco Valley State Park offer opportunities for outdoor recreation.
Commuting is convenient with access to U.S. Route 29, Interstate 95, and Maryland Route 175, along with local Columbia RTA and Howard County Transit routes.
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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 |
|---|---|---|---|
| Nov 21, 2025 | Sold | ||
| Sold | |||
| Nov 7, 2025 | In contract | - | |
| In contract | |||
| Nov 1, 2025 | Relisted | $725,000 | |
| Relisted | |||
| Oct 31, 2025 | In contract | - | |
| In contract | |||
| Oct 27, 2025 | Price Decreased |
$725,000
↓ $25K
(3.3%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017