Rancher Duplex with Separate
4715 MAPLE GROVE ROAD Hampstead, MD 21074
For Sale
$299,900
Rancher with two separately metered units, each with its own entrance and full kitchen and bedroom/bath arrangement.
Property Size2,209 SF
Price / SF$135.76
Days on Market17
Property Features for 4715 MAPLE GROVE ROAD
General Information
Standard status
Active
Size
2,209 SF
Property subtype
Duplex
Building Details
Year Built
1964
Listing Agency:
LPT Realty, LLC
(410) 299-7687
Listed By:
Edward S Treadwell · License #RSR003234
(410) 299-7687
Source:
Cummingsrealtors
Added: Jul 13
Changed: Jul 26
Last Checked: Jul 26 at 4:37AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LPT Realty, LLC
Investment Insights
Based on property information with market context.
This rancher offers a flexible layout configured as a duplex or as a single-family dwelling. The main portion includes a 1-car attached garage, a breezeway/mudroom, a large kitchen, a family room with a woodburning fireplace and hardwood flooring under carpet, two bedrooms with hardwood flooring, a full bathroom, and a main level laundry room. It also provides access to an unfinished basement and additional lower-level garage space.
The second unit addition is separately metered and features its own dedicated exterior entrance with a ramp. Inside, it offers a large family room, a full kitchen with hardwood cabinetry and a dining area, plus one bedroom and a full bathroom.
A large 2-car garage is located beneath the addition, with wraparound vehicle access from the front driveway. Note: the rear deck is unsafe and should not be walked on.
The second unit addition is separately metered and features its own dedicated exterior entrance with a ramp. Inside, it offers a large family room, a full kitchen with hardwood cabinetry and a dining area, plus one bedroom and a full bathroom.
A large 2-car garage is located beneath the addition, with wraparound vehicle access from the front driveway. Note: the rear deck is unsafe and should not be walked on.
Key Highlights
- Rancher built in 1964 with two separately metered units—can be used as a 2‑unit home or single‑family dwelling
- Original unit features 1‑car attached garage, breezeway/mudroom, large kitchen with wooden cabinetry, family room with woodburning fireplace, and 2 bedrooms
- Original unit includes main‑level laundry, full bathroom, hardwood flooring under carpet in the family room and bedrooms, and access to the unfinished basement
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $47.7k | $21.60 |
| − Vacancy | −$2.6k | −$1.19 |
| EGI | $45.1k | $20.41 |
| − OpEx | −$20.3k | −$9.19 |
| NOI | $24.8k | $11.23 |
2,209 SF · lease $21.60/SF/yr · vacancy 5.50% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$410.1K
$358.8K – $478.5K
NOI $28,707 @ 7.0% cap · market cap 9.57%
Second Best
Apartment 5plus
$354.3K
$310.0K – $413.3K
NOI $24,800 @ 7.0% cap · market cap 8.27%
Theoretical Best
Office A
$819.2K
$716.8K – $955.8K
NOI $57,345 @ 7.0% cap · market cap 19.12%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Rancher with two separately metered units, each with its own entrance and full kitchen and bedroom/bath arrangement.
Where is this duplex located?
The property is located at 4715 MAPLE GROVE ROAD Hampstead, MD.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Rancher built in 1964 with two separately metered units—can be used as a 2‑unit home or single‑family dwelling; Original unit features 1‑car attached garage, breezeway/mudroom, large kitchen with wooden cabinetry, family room with woodburning fireplace, and 2 bedrooms; Original unit includes main‑level laundry, full bathroom, hardwood flooring under carpet in the family room and bedrooms, and access to the unfinished basement
