13036 LONG GREEN PIKE
About This Property
Set on a 1.57-acre corner lot, the home offers approximately 3,496 finished square feet with four bedrooms, two full baths, and one half bath. The long covered front porch stretches along the home, with turned columns, hanging lanterns, and mature greenery creating a welcoming place to pause and take in the Long Green Valley setting. It is easy to imagine the porch as the hotel's gathering place, where travelers were welcomed, neighbors exchanged news, and guests lingered before continuing along Long Green Pike. Today, the porch still invites that same sense of arrival and connection to the property's past. Inside, generous rooms allow for a variety of layouts, while hardwood floors, original moldings, built-ins, multiple fireplaces, and dual staircases reflect its historic character. Custom curved cherry cabinetry and stainless steel appliances add a distinctive touch to the kitchen.
A large front porch, deck, and patio offer places to enjoy the countryside setting. The additional yard space holds possibilities for gardens, recreation, or other uses, subject to Baltimore County requirements. A barn and additional outbuildings add to the property's appeal, with farmland, scenic views, and nearby Boordy and DeJon Vineyards completing the setting.
The home requires renovation and currently does not have a permanent whole-house heat source. A newer Mitsubishi mini-split is present, leaving the next owner to select a heating solution as part of their plans. Buyers should confirm the suitability and cost of proposed improvements, permitted uses, and financing requirements with the appropriate professionals. For someone ready to preserve its character and shape its future, the Ady property offers room to imagine what comes next.
Note: An important feature of the home is that a substantial portion is currently heated by a newer oil-fired furnace, allowing for comfortable year-round living while the remaining portion of the home is updated or a permanent heating solution is added. The unheated portion offers flexibility for the next owner, with several heating options to consider, including extending or installing HVAC, pellet heat, or a wood-burning furnace.
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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%.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017