1022 LEEDS AVENUE
About This Property
**Lower Unit** timeless elegance with original inlaid hardwood floors, large living and dining rooms, intricate original trim, bright kitchen and laundry.
**Upper Unit - Private and Welcoming** separate entrance, spacious living and dining area, king-sized bedroom, original hardwood floors, separate electric meter.
**Expansive Landscaped Lot** extra-deep 1/4-acre lot, fenced-in rear yard provides a secure space, Trex Deck, standalone shed offers additional storage, and ample parking space for 4-6 cars
**Updates for Peace of Mind** new architectural shingle roof installed in '21, several windows have been replaced throughout the property.
Boiler provides reliable heat for the entire property, lower unit enjoys central air conditioning.
**A Diamond in the Rough** While the property requires some love and care, it is attractively priced to allow for personalized renovations. With the potential for an ARV in the mid 400's, this is a chance to invest in a property that can truly be transformed into your dream home or a lucrative investment opportunity.
**Convenient Location** Nestled just minutes away from UMBC, Baltimore, and major routes like 95 and 695, this property ensures effortless access to amenities, schools, and attractions.
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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
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 20, 2023 | Sold | ||
| Sold | |||
| Aug 3, 2023 | In contract | - | |
| In contract | |||
| Jul 29, 2023 | Price Decreased |
$299,899
↓ $1
(0%) | |
| Price Decreased | |||
| Jul 20, 2023 | Price Increased |
$299,900
↑ $1
(0%) | |
| Price Increased | |||
| Jul 17, 2023 | Listed by Keller Williams Realty Centre | $299,899 | |
| Listed by Keller Williams Realty Centre | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017