8413 LOCUST GROVE DR
About This Property
Welcome to this exceptional three-level home located in the charming neighborhood of Laurel, MD. With 4 bedrooms and 3.5 baths, this residence offers spacious accommodations for your family. Built in 2001, this rare gem stands out with its unique three-level design and boasts a huge fenced backyard, providing ample space for outdoor activities and relaxation. The main level features a living room, dining room, and family room, creating a harmonious setting for everyday living and entertaining. Upstairs, you'll find the primary bedroom, complete with its own private bath for added convenience and privacy. The other rooms share a full bathroom. The basement level features a full bathroom along with additional rooms, perfect for versatile use as dens, home offices, or guest rooms. Moreover, this home offers the convenience of a 2-car driveway, plus 2 off-street parking spaces, providing abundant parking for your vehicles and guests. New roof, replaced 1 year ago. HVAC replaced 6 years ago. New sump pump, 3 years old.
Don't miss this extraordinary opportunity to own a home with generous living spaces, a large backyard, versatile basement level, and a spacious driveway. Close to all major highways , MD 200, I-95, route 1, and 295, also plenty of shopping, restaurants, and movie theater at the Towne Centre of Laurel shopping centers. Make your appointment today !
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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.
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About South Laurel
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017