$401,000
●
House -
Off Market
765 LAZY RIVER RD
LUSBY, MD 20657
6 Beds
4 Baths,
1
Half Bath
1,170 Ft²
$2,500
Est. Monthly
$585
HOA / Fees
12.51%
Cap Rate
About This Property
Nestled in a serene setting, this spacious and charming home offers
a layout perfect for both relaxation and entertaining. Spread out
over two levels, the property features three cozy bedrooms, 1.5
baths, and a wet bar downstairs-ideal for hosting gatherings. Enjoy
the added convenience of a bonus storage area. Upstairs, you'll
find three additional bedrooms and two full baths, providing ample
space for family and guests. Upgrades throughout the home ensure
modern comfort and style. Relax in the screened porch while
enjoying the scenic surroundings. Situated on one of the largest
lots in the neighborhood, this home offers both comfort and
convenience. The backyard features a workshop for your projects,
extra storage space, and a BBQ area, making it perfect for
entertaining. Discover your dream home that combines charm, space,
and tranquility. Don't miss the opportunity to make this incredible
property yours!
Unit Size
1,170 Ft²
Days on Market
44 days
Land Size
0.87 acres
Price per sqft
$333
Property Type
House
Property Taxes
$244
HOA Dues
$585
Year Built
1992
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Cap Rate Calculator
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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: 3 years ago (Bright MLS #MDCA2016986)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 13, 2024 | Sold | ||
| Sold | |||
| Jul 31, 2024 | In contract | - | |
| In contract | |||
| Jul 26, 2024 | Listed by The Southside Group Real Estate | $389,900 | |
| Listed by The Southside Group Real Estate | |||
| Oct 10, 2021 | No longer available | - | |
| No longer available | |||
| Aug 11, 2021 | Sold | ||
| Sold | |||
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Property Highlights
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Chesapeake Ranch Estates
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Listed by: William Rabbitt
The Southside Group Real Estate
Last Updated: 3 hours ago
Data Source: Bright MLS , MLS# MDCA2016986
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.
The Southside Group Real Estate
Last Updated: 3 hours ago
Data Source: Bright MLS , MLS# MDCA2016986
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