8104 PEPPER RIDGE WAY
About This Property
The main level welcomes you with a dramatic two-story foyer, bright living room, and elegant formal dining room featuring a brand-new modern light fixture. The updated kitchen boasts brand-new quartz countertops, newer appliances, and quality tall cabinetry. The inviting family room opens through sliding glass doors to a large renovated deck overlooking a peaceful wooded setting-perfect for relaxing or entertaining outdoors. A convenient powder room completes the main level. The oversized one-car garage provides additional storage, features a brand-new garage door, and is equipped with an EV charger.
Upstairs, the spacious primary suite offers two walk-in closets, a large linen closet, and a private en-suite bathroom with a double-bowl vanity, separate soaking tub, and shower. Three additional generously sized bedrooms and a full hallway bathroom provide plenty of space for family and guests.
The fully finished basement expands the living space with a huge recreation room featuring a wet bar, a versatile bonus room ideal for a home office, den, or exercise room, and an adjacent space with potential for a second kitchen. A full bathroom completes the lower level.
Tucked away at the end of a quiet cul-de-sac with minimal passing traffic, this home offers a peaceful retreat while remaining conveniently close to major commuter routes including MD-370, I-270, and MD-200 (ICC), as well as the Shady Grove Metro Station and major shopping destinations such as Costco. Enjoy the perfect combination of comfort, privacy, convenience, and location.
Don't miss this exceptional opportunity-schedule your private showing today before it's gone!
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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%.
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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 |
|---|---|---|---|
| Oct 15, 2026 | In contract | - | |
| In contract | |||
| Aug 27, 2026 | Listed by Evergreen Properties | $669,900 | |
| Listed by Evergreen Properties | |||
| Sep 8, 2004 | Sold | ||
| Sold | |||
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About Redland
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017