8700 KIAMA ROAD
About This Property
A commuters dream, conveniently located just 19 miles from Washington, D.C., and 23 miles from Baltimore, MD. Enjoy easy access to public transit with the Laurel train station less than 3 miles away, and the Greenbelt Metro station 7.7 miles out.
Don't miss this expertly renovated 5-bedroom, 3- full bath split foyer, meticulously upgraded inside and out by licensed contractors. Exterior improvements include a brand-new roof, siding, windows, doors, back deck, and HVAC system ensuring both curb appeal and long-term peace of mind. Spacious fully fenced yard, perfect for your fur-babies to run and play safely. Step inside to discover a gourmet kitchen, perfect for entertaining, featuring a large center island, granite countertops, modern cabinetry, stylish tile backsplash, and new energy-efficient appliances.
Upstairs, you'll find brand-new hardwood floors, three spacious bedrooms, and two fully renovated bathrooms, all accented by crown molding and upscale finishes. The lower level offers incredible flexibility with two additional bedrooms, one bathroom, full kitchen set up, and second washer/dryer hookups creating potential for a separate living space, in-law suite, or an income producing rental unit with its own exterior entrance.
This move-in ready home delivers unmatched versatility, comfort, and value. Whether you're looking for multi-generational living, rental potential, or simply a home with high-end upgrades throughout, this property is a must-see.
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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 |
|---|---|---|---|
| Dec 30, 2025 | Sold | ||
| Sold | |||
| Dec 2, 2025 | In contract | - | |
| In contract | |||
| Nov 26, 2025 | Price Decreased |
$529,900
↓ $8K
(1.4%) | |
| Price Decreased | |||
| Nov 14, 2025 | Relisted | $537,500 | |
| Relisted | |||
| Oct 27, 2025 | In contract | - | |
| In contract | |||
Property Highlights
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About South Laurel
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017