$300,000
●
Condo -
Off Market
9278 CHERRY LN #90
LAUREL, MD 20708
2 Beds
2 Baths
1,087 Ft²
$1,547
Est. Monthly
Unit Size
1,087 Ft²
Days on Market
-
Land Size
-
Price per sqft
$290
Property Type
Condo
Property Taxes
$187
HOA Dues
-
Year Built
-
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Cap Rate Calculator
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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 #MDPG2102696)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 11, 2024 | Sold | ||
| Sold | |||
| Feb 21, 2024 | In contract | - | |
| In contract | |||
| Feb 9, 2024 | Listed by Long & Foster Real Estate, Inc. | $314,900 | |
| Listed by Long & Foster Real Estate, Inc. | |||
| Aug 26, 2021 | Sold | ||
| Sold | |||
| Jul 13, 2021 | Listed by RE/MAX Executive | $245,000 | |
| Listed by RE/MAX Executive | |||
| | |||
|
Rare opportunity to own in this 50+ community. Centrally located close to major roads, shopping and restaurants. 2 BR 2BA Townhome condo, corner unit. Features include HVAC 4 yrs young, Water heater, 5 yrs of age, Kitchen appliances replaced in 2017. This is one of the few units that has a Sun/Florida room adding just that extra touch. The covered deck and patio are great for relaxing and enjoying the outdoors. The Sellers saying Good Bye is your chance to say Hello.
| |||
Property Highlights
Parking Available
Air Conditioning
Parking Details
Parking Features: Parking Lot
Total Garage and Parking Spaces: 2
Interior Details
Bedrooms on Main Level: 2
Interior Features: Carpet, Ceiling Fan(s), Dining Area, Floor Plan - Traditional, Kitchen - Galley, Sprinkler System, Tub Shower, Stall Shower, Soaking Tub
Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Oven/Range - Electric, Refrigerator, Stove, Washer
Living Area Square Feet Source: Assessor
Laundry Type: Dryer In Unit, Washer In Unit
Exterior Details
Property Manager Present
Ownership Interest: Condominium
Year Built Source: Assessor
Foundation Details: Slab
Other Structures: Above Grade, Below Grade
Structure Type: End of Row/Townhouse
Construction Materials: Brick, Vinyl Siding
Outdoor Living Structures: Deck(s), Patio(s)
No Pool
Corner
Tidal Water: N
Land Assessed Value: $201,933
Finished Square Feet: 1087
Finished Square Feet Source: Assessor
Financial Details
County Tax: $2,245
County Tax Payment Frequency: Annually
City Town Tax: $0
City Town Tax Payment Frequency: Annually
Tax Assessed Value: $201,933
Tax Year: 2023
Tax Annual Amount: $2,245
Year Assessed: 2023
Utilities Details
Central Air
Cooling Type: Central A/C, Ceiling Fan(s)
Heating Type: Heat Pump(s)
Cooling Fuel: Electric
Heating Fuel: Electric
Hot Water: Electric
Sewer Septic: Public Sewer
Water Source: Public
Location Details
HOA/Condo/Coop Fee Includes: Common Area Maintenance, Ext Bldg Maint, Insurance, Management, Recreation Facility, Snow Removal, Trash
HOA/Condo/Coop Amenities: Community Center
Condo/Coop Fee: $255
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 |
|---|---|---|---|---|---|---|---|
|
12/20/2025
|
2 Bed
|
2 Bath
|
1087 ft²
|
$300,000
2 Bed
2 Bath
1087 ft²
|
$295,000
-1.67%
04/13/2026
|
Jeffrey Boyd
Taylor Properties
| |
|
02/09/2024
| |
2 Bed
|
2 Bath
|
-
|
$314,900
2 Bed
2 Bath
|
-
-
|
Jean E Gaetjens
Greater Silver Spring
|
|
02/09/2024
|
2 Bed
|
2 Bath
|
1087 ft²
|
$314,900
2 Bed
2 Bath
1087 ft²
|
$300,000
-4.73%
03/11/2024
|
Jean Gaetjens
Long & Foster Real Estate, Inc.
| |
|
05/22/2023
| |
2 Bed
|
2 Bath
|
1087 ft²
|
$299,000
2 Bed
2 Bath
1087 ft²
|
$300,000
+0.33%
06/23/2023
|
Donna McCrory
O Brien Realty
|
|
04/26/2023
|
2 Bed
|
2 Bath
|
1087 ft²
|
$284,900
2 Bed
2 Bath
1087 ft²
|
$290,000
+1.79%
06/02/2023
|
Hollie Pakulla
RE/MAX Advantage Realty
| |
|
03/09/2023
|
2 Bed
|
2 Bath
|
1087 ft²
|
$284,900
2 Bed
2 Bath
1087 ft²
|
$285,000
+0.04%
04/17/2023
|
Harmony Campbell
Coldwell Banker Realty
| |
|
07/13/2021
|
2 Bed
|
2 Bath
|
1087 ft²
|
$245,000
2 Bed
2 Bath
1087 ft²
|
$260,000
+6.12%
08/26/2021
|
Pamela Harrison
RE/MAX Executive
| |
|
05/01/2020
|
2 Bed
|
2 Bath
|
1087 ft²
|
$195,000
2 Bed
2 Bath
1087 ft²
|
$195,000
03/26/2021
|
Victor Bradford
|
Building Info
About South Laurel
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Listed by: Jean Gaetjens
Long & Foster Real Estate, Inc.
Last Updated: 4 hours ago
Data Source: Bright MLS , MLS# MDPG2102696
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.
Long & Foster Real Estate, Inc.
Last Updated: 4 hours ago
Data Source: Bright MLS , MLS# MDPG2102696
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