8302 BANISTER RD
About This Property
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Walk inside to immediate elegance, at almost 5,000sqft there is an abundance of space for all your needs. Additionally, from the 5 bedrooms in this home you also have a sitting area as soon as you walk in to the right and a generously sized office on the main level.
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As you walk pass the dual staircases you will find a stunning living room that hosts super high ceilings that boast a fireplace and plenty of sunlight.
Walk upstairs and find 4 bedrooms 2 full bathrooms including the spectacular oversized primary suite. Walk downstairs to a fully finished lower level with an additional bedroom, full bathroom and plenty of entertaining space and a wide walk out to the backyard.
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A luxurious home conveniently located only one mile off I-97 and nestled between I-97, B-W Parkway and I-95, commuting is made easy to DC, Baltimore, or places in between. You are 10 minutes to Ft. Meade, the MARC and Light Rail Stations, 20 miles to the Naval Academy. Only 3 exits up I-97 to BWI airport. So, if you drive or prefer to use the train, you're never far from your destination!
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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 12, 2024 | Sold | ||
| Sold | |||
| Apr 14, 2024 | In contract | - | |
| In contract | |||
| Apr 12, 2024 | Relisted | $750,000 | |
| Relisted | |||
| Mar 14, 2024 | In contract | - | |
| In contract | |||
| Mar 7, 2024 | Listed by Douglas Realty, LLC | $750,000 | |
| Listed by Douglas Realty, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017