$740,000
●
House -
Off Market
907 LONGBOW RD
MOUNT AIRY, MD 21771
5 Beds
4 Baths,
1
Half Bath
3,020 Ft²
$4,215
Est. Monthly
$360
HOA / Fees
5.56%
Cap Rate
About This Property
GONE!! But I have more!
The sheer size of finished square footage in this home cannot compare! Great layout, great private lot, great community - no drawbacks whatsoever! Gorgeous and spacious, this home has it all. So many amenities to list including huge bump out morning room off already huge kitchen, over sized lot of .55 ac backing to trees and protected woodland, grand entryway/foyer and office (could be an main level bedroom with the powder room right next to it) with double solid doors, bay and transom windows everywhere! Walk out and up lower level finished with so many areas to play and be together, huge storage room with lots of built in shelving, another office/den with door, and a full bath. New roof, new zoned HVAC, gutter helmet system, new chimney lining/insert, and the 3-car garage!
Don't miss the back decks and front porch (swing conveys!) Convenient to all things shopping, commuting and fun!
The sheer size of finished square footage in this home cannot compare! Great layout, great private lot, great community - no drawbacks whatsoever! Gorgeous and spacious, this home has it all. So many amenities to list including huge bump out morning room off already huge kitchen, over sized lot of .55 ac backing to trees and protected woodland, grand entryway/foyer and office (could be an main level bedroom with the powder room right next to it) with double solid doors, bay and transom windows everywhere! Walk out and up lower level finished with so many areas to play and be together, huge storage room with lots of built in shelving, another office/den with door, and a full bath. New roof, new zoned HVAC, gutter helmet system, new chimney lining/insert, and the 3-car garage!
Don't miss the back decks and front porch (swing conveys!) Convenient to all things shopping, commuting and fun!
Unit Size
3,020 Ft²
Days on Market
25 days
Land Size
0.55 acres
Price per sqft
$260
Property Type
House
Property Taxes
$581
HOA Dues
$360
Year Built
2001
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 3 years ago (Bright MLS #MDCR2020852)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 29, 2024 | Sold | ||
| Sold | |||
| Jul 4, 2024 | In contract | - | |
| In contract | |||
| Jun 21, 2024 | Price Decreased |
$785,000
↓ $40K
(4.9%) | |
| Price Decreased | |||
| Jun 14, 2024 | Listed by CLIMB Properties Real Estate, LLC | $825,000 | |
| Listed by CLIMB Properties Real Estate, LLC | |||
| Jun 19, 2001 | Sold | ||
| Sold | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
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Sold On
HOA + Taxes
About Mount Airy
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Listed by: Caron Prideaux
CLIMB Properties Real Estate, LLC
Last Updated: 0 hours ago
Data Source: Bright MLS , MLS# MDCR2020852
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CLIMB Properties Real Estate, LLC
Last Updated: 0 hours ago
Data Source: Bright MLS , MLS# MDCR2020852
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