$425,100
●
House -
Off Market
1418 LARCH RD
SEVERN, MD 21144
3 Beds
2 Baths,
1
Half Bath
1,152 Ft²
$1,964
Est. Monthly
About This Property
Don't miss this opportunity to create your dream home!
This charming brick rancher, offers a fantastic foundation for a buyer with a vision. Featuring three bedrooms with one and a half bathrooms. This home provides ample space for comfortable living. The kitchen boasts roomy counterspace and recessed lighting, while the dining room seamlessly flows into a spacious three-season room with a vaulted ceiling and abundant of natural light. The French doors connect the dining room to the sunroom, which leads out to a peaceful patio and a private backyard surrounded by lovely landscaping. The main level features solid hardwood floors, and the living room is highlighted by a charming bay window. The lower level includes a family room, a flex room, a storage room, and a large unfinished area with immense potential for expansion or customization, making this an ideal project for those who enjoy putting their own personal touch on the property. Spend time in the fenced backyard with your fury pets. There is also a shed for your yard tools. The convenient carport offers a shield against the scorching sun, heavy rain, or snow.
This charming brick rancher, offers a fantastic foundation for a buyer with a vision. Featuring three bedrooms with one and a half bathrooms. This home provides ample space for comfortable living. The kitchen boasts roomy counterspace and recessed lighting, while the dining room seamlessly flows into a spacious three-season room with a vaulted ceiling and abundant of natural light. The French doors connect the dining room to the sunroom, which leads out to a peaceful patio and a private backyard surrounded by lovely landscaping. The main level features solid hardwood floors, and the living room is highlighted by a charming bay window. The lower level includes a family room, a flex room, a storage room, and a large unfinished area with immense potential for expansion or customization, making this an ideal project for those who enjoy putting their own personal touch on the property. Spend time in the fenced backyard with your fury pets. There is also a shed for your yard tools. The convenient carport offers a shield against the scorching sun, heavy rain, or snow.
Unit Size
1,152 Ft²
Days on Market
16 days
Land Size
0.31 acres
Price per sqft
$347
Property Type
House
Property Taxes
$325
HOA Dues
-
Year Built
1966
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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: 2 years ago (Bright MLS #MDAA2102138)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 6, 2025 | Sold | ||
| Sold | |||
| Jan 21, 2025 | In contract | - | |
| In contract | |||
| Jan 17, 2025 | Listed by Coldwell Banker Realty | $399,900 | |
| Listed by Coldwell Banker Realty | |||
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Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Severn
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Listed by: Rosemaria Wetzel
Coldwell Banker Realty
Last Updated: 1 hours ago
Data Source: Bright MLS , MLS# MDAA2102138
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Coldwell Banker Realty
Last Updated: 1 hours ago
Data Source: Bright MLS , MLS# MDAA2102138
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