12923 FALLS RD
About This Property
The seller has done all the homework!! A Baltimore County variance has already been APPROVED allowing for the construction of a 4900 sq ft (+/-) custom home. Create a residence that truly reflects your vision and lifestyle. Architectural and structural engineering plans are completed and available. Just B.Y.O.B. (Bring Your Own Builder)! IMAGINE THE RETURN ON INVESTMENT!
Alternatively, you can choose to reimagine the existing structure, harnessing its potential to craft a unique living space.
Appreciate the convenience of the Falls Road corridor location, with its easy access to amenities, schools, and major transportation routes.
Buyer to verify all permits needed to bring your vision to life. Don't miss this incredible opportunity to build the home you've always dreamed of in one of the most coveted locations in the area. Schedule your showing today!
***House image is rendered drawing of what home could be **** House Sold As Is
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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 |
|---|---|---|---|
| Nov 29, 2024 | Sold | ||
| Sold | |||
| Jul 25, 2024 | In contract | - | |
| In contract | |||
| May 30, 2024 | Price Decreased |
$574,900
↓ $24K
(4%) | |
| Price Decreased | |||
| Apr 24, 2024 | Price Decreased |
$599,000
↓ $16K
(2.6%) | |
| Price Decreased | |||
| Apr 10, 2024 | Listed by Berkshire Hathaway HomeServices Homesale Realty | $615,000 | |
| Listed by Berkshire Hathaway HomeServices Homesale Realty | |||
Property Highlights
Building Info
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Price/ft²
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About Baltimore
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017