HOME TO BE BUILT. Move in approximately 10-12 months from
contract. New construction from Churchill Classics on the
final lots remaining in the renowned Quail Run community in North
Potomac-Darnestown, MD. Sixteen estate-sized lots ranging from 3/4
to 2+ Acres. Cul-de-sac homesites with bucolic settings overlooking
rolling fields and/or backing to woods and ponds. All lots are
serviced by public water, septic, natural gas, and electricity.
Four unique floorplans (Chito, Millie, Chandler, AND THE NEW
CALEIGH featuring a main level primary bedroom and living style)
with three elevations for each. The size of these models are
between 3800-4200, 4400-4900, and 5000+ square feet above grade
depending on the structural options selected. The homes are a
minimum of 4 bedrooms and 3.5 baths with 10-ft. ceiling height on
the main level and 9-ft. on upper and lower levels. All models come
standard with a roughed-in elevator shaft and pit. Whether you want
an elevator now or in the future, it will be available for you to
age in place in your new home. There are options to finish out
basements as well as bump-out additions, third-floor lofts/bedroom
suites, sunrooms, screened porches, decks, patios, pools, as well
as main-level bedrooms. One size does not fit all, and Churchill
Classics will make sure you can have a design that fits your needs
even if a little tweaking is necessary. As far as financing
on build-to-suit lots, we are working with several approved lenders
to offer buyers different options on construction-to-permanent
financing. Your lender and the builder will work together with you
throughout the process to request the draws needed. But here's the
twist...CHURCHILL CLASSICS WILL PAY FOR MOST IF NOT ALL OF THE
MONTHLY CARRY COSTS ON THE LOAN UNTIL THE SUBSTANTIAL COMPLETION OF
YOUR HOME!
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.
By proceeding, you consent to receive calls and texts at the number you provided, including marketing by autodialer and prerecorded and artificial voice, and email, from realtor.com and others about your inquiry and other home-related matters, but not as a condition of purchase (More...)California Privacy Notice
By submitting your information, you agree RealtyHop can share your information with its network of real estate &
mortgage professionals (or through their agents) and consent to receive marketing emails, calls, & texts related
to your inquiry (including via automatic telephone dialing system, or artificial or pre-recorded voice technology)
from Movoto or their affiliates to the email address or number you provided.
By proceeding, you agree to our Terms of Service. California Privacy Notice
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017