$210,581*
●
Condo -
Off Market
9260 CHERRY LANE #34
LAUREL, MD 20708
1 Bed
1 Bath
806 Ft²
$135,000 - $163,000
Reference Base Price*
41.33%
Since Jun 1, 2020
National-US
Primary Model
About This Property
Great opportunity to own this spacious condo in the heart of Laurel
within the sought after Cherry View Park Condos...a 50+ community!
Cozy patio home in outstanding condition located in an attractive
age restricted 50+ community. Living and Dining Room combo! Washer
& Dryer in unit! 1 year old carpet, hardwood, washer, dryer
and microwave in 2009. New refrigerator in 2012. Custom window
shades, closet organizer, and new stove/oven in 2014. New heat pump
in 2015. Painted in 2010 and 2016. HVAC and washer maintenance
contracts in place. Walking Distance to Shopping, Restaurants
and more! Convenient to bus Route. Quick access to the B/W Pkwy &
I-95! Midway between DC & Baltimore.
The manager has listed the unit size as 806 square feet.
The manager has listed the unit size as 806 square feet.
Unit Size
806 Ft²
Days on Market
-
Land Size
-
Price per sqft
$185
Property Type
Condo
Property Taxes
$2,071
HOA Dues
-
Year Built
-
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 15, 2024 | Sold | ||
| Sold | |||
| Mar 7, 2024 | In contract | - | |
| In contract | |||
| Jan 23, 2024 | Relisted | $225,000 | |
| Relisted | |||
| Jan 16, 2024 | In contract | - | |
| In contract | |||
| Nov 28, 2023 | Listed | $225,000 | |
| Listed | |||
| | |||
|
You are welcome to this beautiful one level rambler in a 50 + historic community secured by surveillance 24/7. All general maintenance is included in association fee. The one level makes it easily accessible. A spacious bedroom, Kitchen and living room dining combo. Laundry room is large enough for a small office. There is a storage shed in the backyard. Shows well. Home is located near ICC for convenient use of 270, I-95 and surrounded by the following amenities:
Shopping Centers for Clothes, Shoes and Miscellaneous (Ross, Walmart, Target, etc.), Food (Restaurants, Amish market selling good home style food, Super Best international market, Giant, Aldi etc.), Home Depot, Lowe's, Staples, Gym (Planet Fitness and LA Fitness), Hospital, New Library etc. Also, Entertainment Centers like Laurel Mill Playhouse theater, Gunpowder Golf Course, Laurel Horse Race Park (Website: laurelpark.com) etc. All these amenities are within 5 to 10 minutes' drive from property location.
Come see for yourself! Please no more than 3 people at a time for showings.
| |||
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Property Highlights
Fireplace
Air Conditioning
Parking Available
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/29/2023
|
2 Bed
|
2 Bath
|
1016 ft²
|
$299,970
2 Bed
2 Bath
1016 ft²
|
$300,000
+0.01%
03/29/2024
|
Andrea Perez Del Castillo
Samson Properties
| |
|
11/28/2023
|
1 Bed
|
1 Bath
|
806 ft²
|
$225,000
1 Bed
1 Bath
806 ft²
|
$225,000
04/15/2024
|
Dennis Kadiri
Heymann Realty, LLC
| |
|
05/03/2023
|
1 Bed
|
1 Bath
|
806 ft²
|
$235,000
1 Bed
1 Bath
806 ft²
|
$230,000
-2.13%
06/16/2023
|
Mikhal Hubbard
Keller Williams Capital Properties
| |
|
07/26/2021
|
1 Bed
|
1 Bath
|
806 ft²
|
$180,000
1 Bed
1 Bath
806 ft²
|
$180,000
10/01/2021
|
Helen Won
Giant Realty, Inc.
| |
|
11/21/2019
|
1 Bed
|
1 Bath
|
806 ft²
|
$149,000
1 Bed
1 Bath
806 ft²
|
-
-
|
-
| |
|
01/31/2014
|
1 Bed
|
1 Bath
|
806 ft²
|
$119,900
1 Bed
1 Bath
806 ft²
|
$119,900
04/07/2014
|
Eric P Van Swol
RE/MAX Realty Group
|
Building Info
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