1312 GATESHEAD
About This Property
Discover the opportunity to restore this magnificent stone estate to its former glory. Nestled on just under 3 acres in one of Towson's most desirable areas, this expansive property offers 5 bedrooms, 5 full baths, and 1 half bath, providing abundant space for both living and entertaining.
The home features a two-car garage, dual driveways, and beautiful stone walkways that lead to a charming stone gazebo and a fenced rear yard. Enjoy summer days around the inground pool and separate pool house, which includes a full bath and three spacious rooms - ideal for guests, entertaining, or creative use.
While this estate requires a total renovation, the possibilities are endless. With its timeless architecture, impressive grounds, and sought-after Towson location, this property presents a rare chance to create a custom dream home or exceptional investment.
Note: Property will not qualify for traditional financing; cash or renovation loans only.
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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%.
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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017