8905 ORWOOD LANE
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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.
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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 |
|---|---|---|---|
| Apr 13, 2023 | Sold | ||
| Sold | |||
| Feb 7, 2023 | Listed by Bennett Realty Solutions | $539,900 | |
| Listed by Bennett Realty Solutions | |||
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Absolutely stunning colonial home in the very desirable Montpelier Community boasting many upgrades and one-of-a-kind features. This elegant home features Brazilian cherry wood flooring throughout the first level, staircase, and the upstairs hallway, Roof (less than 2 years old), water heater (less than 3 years old), windows and doors (less than 5 years old), recessed lighting. The recently updated gourmet kitchen features granite countertops, sleek stainless steel appliances, and adjacent breakfast room leading to the new patio door to the outside patio. The warmly functional floor plan provides perfect flow for entertaining and everyday living. The formal living room features a cozy wood burning fireplace, crown molding, chair-rails while the formal dining room features tray ceiling with crown molding and elegant shadow boxes. The private dining room, half bath, laundry room, and entryway closet complete the first level. The second level features 4 bedrooms including the Primary Suite with walk-in closet and all bedrooms include ceiling fans. The very private backyard includes a large patio, very large space for entertaining or just relaxing, and a storage shed. The Montpelier Community features a private pool, tennis and basketball courts, playground, and ball fields, walking trail and more. The Large driveway leads to the front walkway that takes you to freshly landscaped flower beds greeting you as you arrive home. Centrally located directly off Laurel Bowie Rd (Route 197), minutes from Baltimore-Washington Parkway, I-95, I-495 and the Inter-County-Connector (ICC). Just minutes from Laurelâs Historic Downtown Main Street District, the Montpelier House Museum and Arts Center.
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| Dec 7, 2022 | No longer available | - | |
| No longer available | |||
| Nov 27, 2022 | Relisted | $539,999 | |
| Relisted | |||
| Nov 12, 2022 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017