$10,000
↓ $10K (50%)
●
House -
For Sale
1923 PIT CIRCLE
POCOMOKE CITY, MD 21851
1 Bed
1 Bath
888 Ft²
$62
Est. Monthly
About This Property
This property, situated on a 0.28-acre lot, offers a blank canvas
for your vision. Located in Worcester County, you can take
advantage of the spacious lot size, perfect for outdoor activities
or future expansion plans. Buyers are encouraged to perform their
own due diligence to verify property details, zoning, and permitted
uses. Don't miss this opportunity to secure a piece of land in
Worcester County with the opportunity to make it your own. NO
ACCESS TO ANY STRUCTURE ON SITE; LOT VIEWING ONLY.
Unit Size
888 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$11
Property Type
House
Property Taxes
$12
HOA Dues
-
Year Built
1940
Listed By
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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: 15 days ago (Bright MLS #MDWO2041216)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 1, 2026 | Price Decreased |
$10,000
↓ $10K
(50%) | |
| Price Decreased | |||
| Sep 8, 2026 | Listed by The Parker Group | $20,000 | |
| Listed by The Parker Group | |||
| Feb 21, 2017 | Sold | ||
| Sold | |||
Property Highlights
Parking Details
Parking Features: Other
Interior Details
Full Bathrooms: 1
Exterior Details
Square Footage: 888
Square Footage Source: $0
Architectural Style: Other
Year Built Source: Assessor
Year Built: 1940
Building Name: NONE AVAILABLE
Levels: 2
Other Structures: Above Grade, Below Grade
Construction Materials: Other
Lot Size Area: 12196
Lot Size Units: Square Feet
Lot Size Acres: 0.28
Lot Size Square Feet: 12196
Water Source: Public
Financial Details
Tax Assessed Value: $16,100
Tax Annual Amount: $149
Utilities Details
Cooling Type: None
Heating Type: None
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Worcester
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Listed by: Dustin Parker
The Parker Group
Last Updated: 4 hours ago
Data Source: Bright MLS , MLS# MDWO2041216
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.
The Parker Group
Last Updated: 4 hours ago
Data Source: Bright MLS , MLS# MDWO2041216
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