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8300 HONEYHILL ROAD
About This Property
Upstairs are four bedrooms, including a spacious primary suite, along with beautifully renovated baths. The finished lower level provides substantial additional living space with a full bath, updated flooring, private rear entrance, built-ins, and multiple flexible areas-perfect for a recreation room, home office, gym, guest accommodations, or potential 5th bedroom/sleeping area (buyer to verify).
Additional improvements include fresh paint in the garage and numerous updates throughout. The property also benefits from an adjacent undeveloped parcel currently owned by Howard County, creating additional separation from neighboring homes. No HOA.
Located just minutes from Maple Lawn and its restaurants, shopping, fitness, recreation, and everyday conveniences. Excellent access to major commuter routes makes Columbia, Fort Meade, Baltimore, Washington, D.C., and surrounding employment centers readily accessible. A terrific combination of updated finishes, flexible living space and commuter convenience.
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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 |
|---|---|---|---|
| Sep 15, 2026 | In contract | - | |
| In contract | |||
| Sep 9, 2026 | Price Decreased |
$725,000
↓ $25K
(3.3%) | |
| Price Decreased | |||
| Sep 2, 2026 | Price Increased |
$750,000
↑ $25K
(3.5%) | |
| Price Increased | |||
| Aug 28, 2026 | Listed by The KW Collective | $725,000 | |
| Listed by The KW Collective | |||
| Jul 28, 2026 | Price Increased |
$765,000
↑ $620K
(428.3%) | |
| Price Increased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017