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9238 LIMESTONE PLACE
About This Property
Key Features:
Location: Nestled in the heart of College Park, this home is strategically located just minutes away from the University of Maryland (UMD), the I-495 highway, multiple metro stations, NASA, and the USDA.
Rental Property: Already registered with the City of College Park as a rental property, this home provides an excellent opportunity for those seeking additional income.
Versatile Basement: The lower level is a standout feature of this home, complete with a kitchenette and a separate entrance, making it ideal for rental purposes or as a guest suite. There's also a second living area that could easily be converted into a 6th bedroom.
Spacious Bedrooms & Baths: This home features 5 beautifully updated bedrooms and 3 tastefully renovated bathrooms, ensuring comfort and privacy for all occupants.
Gleaming Hardwood Floors: The main level boasts stunning refinished hardwood floors, while the lower level is adorned with new luxury vinyl tile, creating a sophisticated and inviting atmosphere.
Modern Kitchen: The kitchen has undergone a stylish transformation with new cabinetry, a fresh backsplash, and modern countertops, providing the perfect space for culinary enthusiasts.
Outdoor Retreat: Step outside to discover a fenced-in deck in the backyard, offering a private outdoor oasis for relaxation and entertainment.
Energy Efficiency: Embrace sustainable living with solar panels on the roof, providing the home with clean and cost-effective electricity.
Updates: A new roof, updated windows, new furnace, and a fresh coat of paint throughout the home ensure peace of mind for years to come.
Ample Parking: Enjoy off-street parking in the concrete driveway, and plenty of street parking for guests.
This rambler-style home offers a harmonious blend of comfort, style, and investment potential. Don't miss out on the opportunity to make it your own and take advantage of its excellent location and versatile living spaces. Contact us today to schedule a viewing and experience the charm of this College Park gem.
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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 |
|---|---|---|---|
| Mar 27, 2025 | Listed | $715,000 | |
| Listed | |||
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Discover this beautifully renovated 7-bedroom, 4-bathroom home in the heart of College Park, MD! Perfect for multi-generational living, large families, or investor looking for rental income. This spacious two-level home offers ample space and privacy. The first floor features hardwood floors throughout, 4 bedrooms, 2 nicely updated bathrooms, a full kitchen, and a laundry area, providing a comfortable and functional layout. The lower level features a family room, laundry area, 2 full bathrooms, 3 spacious bedrooms, a kitchenette and dining area. Walk outside to a huge backyard.
Located just minutes from the University of Maryland, this home offers easy access to public transportation, NASA, the USDA, top-rated restaurants, and vibrant entertainment options. Whether you're looking for a generous living space or a home that accommodates multiple households, this property is a rare find!
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| Dec 15, 2023 | Sold | ||
| Sold | |||
| Oct 26, 2023 | In contract | - | |
| In contract | |||
| Oct 19, 2023 | Listed by RE/MAX Realty Centre, Inc. | $589,900 | |
| Listed by RE/MAX Realty Centre, Inc. | |||
| Feb 15, 2023 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017