$165,000
●
Land -
For Sale
11 THOUSAND ACRES ROAD
SWANTON, MD 21561
Studio
0 Bath
$2,330
Est. Monthly
$38
HOA / Fees
About This Property
Oversized, golf front homesite on hole #8 on one of Maryland's top
rated 18-hole golf courses, Thousand Acres Golf Club. This property
offers stunning golf course views and is just waiting for your
dream home to be built. The lake access area is near the existing
golf clubhouse on the lakefront. This lot does not include a dock
slip, but it does have deeded lake access. Future plans include a
new clubhouse, and many other amenities such as a sports court and
playground. Includes a golf membership. Rentals are limited to 24
times per year, and no more than 3 times per month.
Unit Size
-
Days on Market
496 days
Land Size
0.85 acres
Price per sqft
-
Property Type
Land
Property Taxes
$1,482
HOA Dues
$38
Year Built
-
Listed By
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Cap Rate
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: 6 months ago (Bright MLS #MDGA2009718)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 4, 2025 | Listed by Taylor-Made Deep Creek Sales | $165,000 | |
| Listed by Taylor-Made Deep Creek Sales | |||
| Nov 8, 2024 | Sold | ||
| Sold | |||
| Oct 5, 2024 | In contract | - | |
| In contract | |||
| Oct 9, 2023 | Listed by Railey Realty, Inc. | $100,000 | |
| Listed by Railey Realty, Inc. | |||
| | |||
|
Thousand Acres and the Cathedral Springs subdivision currently boasts an 18-hole championship golf course and plans are in the works for a future clubhouse--Both great community amenities! Interested in owning a slice of this tranquil paradise? Now's your chance! Lot 11 is a beautiful homesite on the back nine located right on the tee box of hole 14. This lot includes deeded lake access, a golf membership and one sewer tap. The portable restroom next to the lot is temporary and can be moved at any time!
| |||
Property Highlights
With View
Exterior Details
Waterbody Name: Deep Creek Lake
Lot Features: Trees/Wooded
Lot Size Area: 37026
Lot Size Units: Square Feet
Lot Size Acres: 0.85
Lot Size Square Feet: 37026
Water Source: Well Permit Not Applied For, Well Required
Financial Details
Tax Annual Amount: $17,785
Utilities Details
Sewer : Public Hook/Up Avail
Location Details
HOA/Condo/Coop Fee Includes: Snow Removal, Road Maintenance
HOA Fee: $450
HOA Fee Frequency: Annually
Comparables
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Type
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HOA + Taxes
About Garrett
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Listed by: Elizabeth S Spiker Holcomb
Taylor-Made Deep Creek Sales
Last Updated: 10 hours ago
Data Source: Bright MLS , MLS# MDGA2009718
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Taylor-Made Deep Creek Sales
Last Updated: 10 hours ago
Data Source: Bright MLS , MLS# MDGA2009718
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