7617 BEAR FOREST ROAD
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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 |
|---|---|---|---|
| Jun 26, 2026 | Sold | ||
| Sold | |||
| May 7, 2026 | In contract | - | |
| In contract | |||
| Apr 29, 2026 | Price Increased |
$705,000
↑ $36K
(5.4%) | |
| Price Increased | |||
| Apr 15, 2026 | Listed by Redfin Corp | $669,000 | |
| Listed by Redfin Corp | |||
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Welcome to 7617 Bear Forest Road - an elegant, stately brick-front colonial offering over 3,200 square feet of beautifully appointed living space in the highly desirable Ridge Forest community of Hanover. Step inside to a dramatic two-story foyer, where gleaming hardwood floors and natural light flow seamlessly throughout the main level. The formal living room at the front of the home opens effortlessly into a spacious dining room - perfect for entertaining. The heart of the home is the dine-in open-concept kitchen, featuring white shaker cabinetry, granite countertops, a custom subway tile backsplash, large center island, and updated Bosch stainless steel appliances. Just off the kitchen, the expansive family room invites you to relax by the cozy wood-burning fireplace featuring a custom wood mantle. Enjoy easy indoor-outdoor living with walkout access to an oversized wood deck complete with a Sunsetter awning - ideal for dining al fresco or unwinding while overlooking a lush, thoughtfully curated landscape. Both the front and backyard are a nature lover’s dream, filled with intentionally selected native plantings including hazelnut, fig, pawpaw, mountain laurel, hydrangeas, coneflower, milkweed, and more, creating a vibrant, pollinator-friendly oasis. A paver patio, raised garden beds, and a serene wooded backdrop complete this private outdoor retreat. Upstairs, you’ll find three generously sized secondary bedrooms and a shared full bath, along with a stunning primary suite featuring vaulted ceilings, a walk-in closet, and a spacious en-suite bath with dual vanities, a soaking tub, and a separate shower. The finished basement offers incredible versatility with a large recreation area, a full bathroom, and a separate bonus room perfect for a guest suite, home office, playroom, or theater space. Additional updates include a new roof (2023), windows (2023), and custom window treatments throughout. Conveniently located near Arundel Mills, BWI Airport, Fort Meade, and major commuter routes to Baltimore, Washington, D.C., Annapolis, and Columbia - this home truly offers the best of comfort, convenience, and natural beauty. Don’t miss your opportunity to own this exceptional property in one of Hanover’s most picturesque neighborhoods.
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| Apr 14, 2026 | Price Increased |
$715,000
↑ $246K
(52.5%) | |
| Price Increased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017