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8545 PINEWAY COURT
About This Property
Upstairs are four bedrooms, two full bathrooms. All of the bedrooms feature beautiful wood beams and abundant natural light. The primary suite offers pitched ceilings, serene views, and a private updated en-suite bathroom with an oversized vanity.
Outside, the pristine 43,298-square-foot lot enjoys mature landscaping and features stone hardscaping, a gorgeous patio, a sprawling lawn with plenty of room to run and play, and an oversized two-car garage. Tucked away on a peaceful cul-de-sac in sought-after North Laurel, this home enjoys a prime location near Rocky Gorge Reservoir, the Patuxent River, and miles of scenic parks and trails. Just minutes from Maple Lawn, Laurel Town Centre, and Columbia, with easy access to I-95, Routes 29 and 32, and the MARC train, it offers the perfect balance of natural beauty and everyday 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 28, 2026 | In contract | - | |
| In contract | |||
| Sep 25, 2026 | Price Decreased |
$695,000
↓ $55K
(7.3%) | |
| Price Decreased | |||
| Sep 10, 2026 | Listed by Perennial Real Estate | $750,000 | |
| Listed by Perennial Real Estate | |||
| Aug 28, 2020 | No longer available | - | |
| No longer available | |||
| Jul 6, 2020 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017