$485,000
●
House -
Off Market
7409 SANDY SPRING RD
LAUREL, MD 20707
3 Beds
3 Baths,
1
Half Bath
2,166 Ft²
$2,412
Est. Monthly
$55
HOA / Fees
6.86%
Cap Rate
About This Property
Discover the perfect blend of comfort and style in this beautifully
updated 55+ community home. With three spacious bedrooms and two
and a half baths, this residence is designed for easy living and
entertaining.
The sellers have invested nearly $40,000 in enhancements, including all-new flooring and a fresh, neutral paint palette that creates a warm and inviting atmosphere. The updated bathrooms add a modern feel, while the cozy gas fireplace in the living area is perfect for relaxation during cooler evenings. The thoughtfully designed upper level offers a private retreat, ideal for a caregiver or guests, ensuring both comfort and seclusion. Featuring two levels of living space, this home offers flexibility and room to spread out. Recent updates also include a brand new roof and fencing, providing peace of mind and enhanced privacy. Conveniently located near commuter routes, shopping, and restaurants, you'll enjoy the best of both worlds-tranquil living within reach of everything you need. Don't miss this exceptional opportunity to own a meticulously upgraded home in a vibrant community.
The sellers have invested nearly $40,000 in enhancements, including all-new flooring and a fresh, neutral paint palette that creates a warm and inviting atmosphere. The updated bathrooms add a modern feel, while the cozy gas fireplace in the living area is perfect for relaxation during cooler evenings. The thoughtfully designed upper level offers a private retreat, ideal for a caregiver or guests, ensuring both comfort and seclusion. Featuring two levels of living space, this home offers flexibility and room to spread out. Recent updates also include a brand new roof and fencing, providing peace of mind and enhanced privacy. Conveniently located near commuter routes, shopping, and restaurants, you'll enjoy the best of both worlds-tranquil living within reach of everything you need. Don't miss this exceptional opportunity to own a meticulously upgraded home in a vibrant community.
Unit Size
2,166 Ft²
Days on Market
18 days
Land Size
0.11 acres
Price per sqft
$222
Property Type
House
Property Taxes
$606
HOA Dues
$55
Year Built
2001
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 years ago (Bright MLS #MDPG2131220)
Price History
Property Highlights
Garage
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Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Laurel
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Listed by: Audrey Bullock
Cummings & Co. Realtors
Last Updated: 4 hours ago
Data Source: Bright MLS , MLS# MDPG2131220
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Cummings & Co. Realtors
Last Updated: 4 hours ago
Data Source: Bright MLS , MLS# MDPG2131220
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