$69,000
↓ $10K (12.7%)
●
House -
For Sale
108 WILSON STREET
SALISBURY, MD 21801
1 Bed
1 Bath
672 Ft²
$386
Est. Monthly
About This Property
Interested Investors!
This bungalow has rented in the recent past at $895 per month. The right contractor, handyman, etc. should be able to turn this back into the income producer.
It has been vacant for several months and there was a plumbing leak during the winter that buckled at least a portion of the floor leading into the utility room. The property is being sold "As-Is" and the pricing reflects the same.
This bungalow has rented in the recent past at $895 per month. The right contractor, handyman, etc. should be able to turn this back into the income producer.
It has been vacant for several months and there was a plumbing leak during the winter that buckled at least a portion of the floor leading into the utility room. The property is being sold "As-Is" and the pricing reflects the same.
Unit Size
672 Ft²
Days on Market
-
Land Size
0.04 acres
Price per sqft
$103
Property Type
House
Property Taxes
$47
HOA Dues
-
Year Built
1920
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: 11 hours ago (Bright MLS #MDWC2024428)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 15, 2026 | Price Decreased |
$69,000
↓ $10K
(12.7%) | |
| Price Decreased | |||
| Sep 26, 2026 | Price Decreased |
$79,000
↓ $10K
(11.2%) | |
| Price Decreased | |||
| Sep 19, 2026 | Price Decreased |
$89,000
↓ $8K
(8.3%) | |
| Price Decreased | |||
| Aug 27, 2026 | Listed by ERA Martin Associates | $97,000 | |
| Listed by ERA Martin Associates | |||
| May 11, 1994 | Sold | ||
| Sold | |||
Show More
Property Highlights
Parking Available
Parking Details
Parking Features: On Street
Interior Details
Full Bathrooms: 1
Exterior Details
Square Footage: 672
Square Footage Source: $0
Architectural Style: Bungalow
Year Built Source: Assessor
Year Built: 1920
Building Name: NONE AVAILABLE
Levels: 1
Other Structures: Above Grade, Below Grade
Construction Materials: Stick Built
Lot Size Area: 1951
Lot Size Units: Square Feet
Lot Size Acres: 0.04
Lot Size Square Feet: 1951
Water Source: Public
Financial Details
Tax Assessed Value: $36,267
Tax Annual Amount: $563
Utilities Details
Cooling Type: None
Heating Type: Baseboard - Hot Water
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
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Closing Price
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HOA + Taxes
About Salisbury
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Listed by: John E Terrell Jr.
ERA Martin Associates
Last Updated: 1 hours ago
Data Source: Bright MLS , MLS# MDWC2024428
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.
ERA Martin Associates
Last Updated: 1 hours ago
Data Source: Bright MLS , MLS# MDWC2024428
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