Olney MD Homes for Rent
$374,990
Brooke Farm Drive Olney, MD 20832
- Type:
- Land
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 1.5 Acres
- Baths:
- MLS#:
- MDMC2073622
ADDITIONAL INFORMATION
DRASTICALLY REDUCED! THE LISTING PRICE OF $374,990.00 IS $254,210.00 BELOW THE COUNTY TAX ASSESSED VALUE OF $629,200.00! This is your rare opportunity to own a piece of prime real estate in the heart of Olney WAY BELOW MARKET VALUE! This Deeded parcel is 1.5 acres located directly adjacent to Medstar Montgomery Medical Center, previously known as Montgomery General Hospital. A small stream that is part of James Creek runs through the bottom of the property near Brooke Farm Dr., but it is NOT located in a Federal Flood Zone. FEMA Zone Rating is X. The property connects to both Brooke Farm Dr. and Tall Timbers Rd. and can possibly be subdivided into more than one lot. Public utilities are available at the street level but are not connected to the property. The parcel is being conveyed As-Is. Buyer is advised to verify available public utilities or questions related to building/subdivision with Montgomery County Planning Department for M-NCPPC. Thank you for your consideration.
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Olney Real Estate
The median home value in Olney, MD is $577,100. This is higher than the county median home value of $556,100. The national median home value is $338,100. The average price of homes sold in Olney, MD is $577,100. Approximately 87.74% of Olney homes are owned, compared to 10.5% rented, while 1.76% are vacant. Olney real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Olney real estate agent to arrange a tour today!
Olney, Maryland has a population of 35,815. Olney is more family-centric than the surrounding county with 38.51% of the households containing married families with children. The county average for households married with children is 37.16%.
The median household income in Olney, Maryland is $161,065. The median household income for the surrounding county is $117,345 compared to the national median of $69,021. The median age of people living in Olney is 42.4 years.
Olney Weather
The average high temperature in July is 87 degrees, with an average low temperature in January of 25 degrees. The average rainfall is approximately 43.3 inches per year, with 15.8 inches of snow per year.