9604 LORMAR LANE
About This Property
If you've been searching for a home with room to grow and a price that stands out from the competition, this 4-bedroom, 3.5-bath residence deserves a closer look. Fresh paint throughout main floor, basement and upper level gives the interior a crisp, move-in-ready feel. From the formal living and dining rooms to the inviting family room, you'll have plenty of options for everyday living and hosting guests.
The chef-grade kitchen features upgraded cabinetry, granite countertops, stainless steel appliances, and a large center island that naturally becomes the heart of the home. There's generous counter space and abundant storage.
Upstairs, you'll find 4 spacious bedrooms, including a primary suite with a large walk-in closet and a spa-inspired bath complete with a sunken soaking tub. The secondary bedrooms offer comfortable dimensions rarely found in newer homes, while upgraded bathroom cabinetry adds a polished touch. Carpets do require some TLC.
The partially finished basement is an exciting opportunity to add value while customizing the space to fit your needs. Drywall and paint are already complete, and the theater room is ready (minus the flooring) for movie nights with the screen and projector conveying with the home. A bathroom with a tub and toilet is already installed. The remaining work is largely cosmetic, with flooring still needed in the basement, including the theater room, along with the addition of a sink to fully complete the bathroom. Finish the final touches and enjoy the benefit of instant sweat equity!
Outside, you'll love both a welcoming front yard and a huge backyard with room for cookouts, play equipment, gardening, pets, or future outdoor projects. The attached 2-car garage adds convenience and storage.
Located near Branch Avenue (Route 5) and Brandywine Road, you're minutes from shopping, dining, and everyday conveniences. Nearby destinations include parks, schools, and commuter routes throughout Prince George's County. Easy access to Route 5 and the Capital Beltway keeps Washington, D.C., National Harbor, and Northern Virginia within reach.
With the pricing positioned below comparable homes in the area, this property delivers exceptional value for the lucky buyer.
Some images may reflect virtual staging or digital editing, including removal of personal property, to help showcase the home.
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017