$690,000
↓ $10K (1.5%)
●
House -
Off Market
7701 STRATFIELD LN
LAUREL, MD 20707
4 Beds
4 Baths,
1
Half Bath
2,218 Ft²
$3,381
Est. Monthly
$43
HOA / Fees
6.09%
Cap Rate
About This Property
Gorgeous main level living 4 bedroom Rambler. Double front door
opens into a stately foyer leading to large living area with
built-ins. Gourmet style kitchen with large eating area and
adjoining family room with gas fireplace that leads to the
beautiful, covered porch and backyard oasis. The main level
features large primary suite with walk-in closet, garden bath and
sitting room with built-ins that can also be used for an
office/nursery. Separate hallway features 2 additional
bedrooms and full bath. Finished walkout, lower level with large
recreation room, 4th bedroom and full bath. In addition, there is a
huge unfinished portion of the lower level for storage and/or extra
rooms. Virtually maintenance-free backyard with large stamped
concrete patio, hardscapes featuring river rock, retaining walls,
walkways and stone steps through the beautifully landscaped gardens
with irrigation system with new controller. Plenty of
off street parking includes large 2 car garage. Private
community pool and many extras including Gutter Helmet, additional
powder room near kitchen, security system with glass break and so
much more.
Unit Size
2,218 Ft²
Days on Market
16 days
Land Size
0.30 acres
Price per sqft
$307
Property Type
House
Property Taxes
$797
HOA Dues
$43
Year Built
1997
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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 #MDPG2120970)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 27, 2024 | Price Decreased |
$679,900
↓ $10K
(1.5%) | |
| Price Decreased | |||
| Aug 22, 2024 | Sold | ||
| Sold | |||
| Aug 6, 2024 | In contract | - | |
| In contract | |||
| Aug 6, 2024 | Price Increased |
$715,000
↑ $35K
(5.2%) | |
| Price Increased | |||
| Aug 2, 2024 | Listed by RE/MAX Advantage Realty | $679,900 | |
| Listed by RE/MAX Advantage Realty | |||
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Property Highlights
Garage
Air Conditioning
Fireplace
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 Laurel
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Listed by: Rob Foy
RE/MAX Advantage Realty
Last Updated: 10 hours ago
Data Source: Bright MLS , MLS# MDPG2120970
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RE/MAX Advantage Realty
Last Updated: 10 hours ago
Data Source: Bright MLS , MLS# MDPG2120970
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