$32,000
●
Land -
In Contract
0 PINE STREET
DELMAR, MD 21875
Studio
0 Bath
$171
Est. Monthly
About This Property
Build your dream home on this well-located lot in the Town of
Delmar, situated within the sought-after Blue Ribbon school
district. Convenient to local amenities while offering the charm of
small-town living, this property presents an excellent opportunity
for homeowners or investors alike.
Unit Size
-
Days on Market
-
Land Size
0.32 acres
Price per sqft
-
Property Type
Land
Property Taxes
$13
HOA Dues
-
Year Built
-
Listed By
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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: 19 days ago (Bright MLS #MDWC2021680)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 28, 2026 | In contract | - | |
| In contract | |||
| Jun 13, 2026 | Relisted | $32,000 | |
| Relisted | |||
| Mar 5, 2026 | In contract | - | |
| In contract | |||
| Feb 20, 2026 | Listed by Coldwell Banker Realty | $32,000 | |
| Listed by Coldwell Banker Realty | |||
| Aug 27, 2024 | Listed | $200,000 | |
| Listed | |||
| | |||
|
Two separate lots combined equal over an acre of land zoned commercial on the corners of Pine St and Rt13 & Walnut St and Rt13. Lots are adjacent so they can be combined or sold individually. Approximately 345 feet of road frontage along Rt13 between the two. No city water/sewer service available but services are nearby. Located on the Maryland side of Delmar, this area is very desirable and has seen consistent growth over the last few years
| |||
Property Highlights
Exterior Details
Lot Size Area: 14051
Lot Size Units: Square Feet
Lot Size Acres: 0.32
Lot Size Square Feet: 14051
Lot Size Dimensions: 0.00 x 0.00
Tax Lot: 2A
Water Source: Well Permit on File
Financial Details
Tax Assessed Value: $17,500
Tax Annual Amount: $161
Utilities Details
Sewer : Perc Approved Septic
Comparables
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HOA + Taxes
About Delmar
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Listed by: Temeka L Mumford
Coldwell Banker Realty
Last Updated: 0 hours ago
Data Source: Bright MLS , MLS# MDWC2021680
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Coldwell Banker Realty
Last Updated: 0 hours ago
Data Source: Bright MLS , MLS# MDWC2021680
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