$35,000
↓ $5K (12.5%)
●
Land -
For Sale
Lot 2 CEDAR LANE
OAKLAND, MD 21550
Studio
0 Bath
$218
Est. Monthly
$42
HOA / Fees
About This Property
Cleared, perc approved and ready to build! Lot 2 Cedar Lane sits on
a 0.6 acre level lot at the beginning of Cedar Lane which sits
close to the community center, tennis courts, pavilion and only a
short ride to Muddy Creek and the access to Youghiogheny River!
Youghiogheny Mountain Resort offers over 50 miles of trails for
riding ATV's, side by sides, fishing at Muddy Creek and much more!
The ultimate recreational community! If you're looking for a
homesite in YMR already cleared, call today to discuss next steps
for your dream home or cabin!
Unit Size
-
Days on Market
523 days
Land Size
0.60 acres
Price per sqft
-
Property Type
Land
Property Taxes
$4
HOA Dues
$42
Year Built
-
Listed By
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Cap Rate
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: 5 months ago (Bright MLS #MDGA2009394)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 9, 2026 | Price Decreased |
$35,000
↓ $5K
(12.5%) | |
| Price Decreased | |||
| Jan 14, 2026 | Price Decreased |
$40,000
↓ $10K
(20%) | |
| Price Decreased | |||
| May 8, 2025 | Listed by Railey Realty, Inc. | $50,000 | |
| Listed by Railey Realty, Inc. | |||
| Nov 15, 2022 | No longer available | - | |
| No longer available | |||
| Oct 4, 2022 | Listed by Railey Realty, Inc. | $6,000 | |
| Listed by Railey Realty, Inc. | |||
| | |||
|
Beautiful 0.60 Acre wooded lot located in Yough Mountain Resort. This community has over 50 miles of private roads & trails for ATV, Fishing, Hunting, River access, playground, and clubhouse. Minutes from Swallow Fall, Herrington Manor State Park and Deep Creek Lake. Perc approved for a 2 bedroom Sand Mound Septic. Call today for details!
| |||
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Property Highlights
Exterior Details
Lot Size Area: 26136
Lot Size Units: Square Feet
Lot Size Acres: 0.6
Lot Size Square Feet: 26136
Tax Lot: 0002
Water Source: None
Financial Details
Tax Annual Amount: $44
Utilities Details
Sewer : Site Evaluation on File
Location Details
HOA/Condo/Coop Fee Includes: Snow Removal, Trash, Reserve Funds, Road Maintenance, Security Gate
HOA/Condo/Coop Amenities: Clubhouse, Tennis Court(s), Gated Community, Tot Lots/Playground
HOA Fee: $500
HOA Fee Frequency: Annually
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 Garrett
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Listed by: Nick Fratz-Orr
Railey Realty, Inc.
Last Updated: 5 hours ago
Data Source: Bright MLS , MLS# MDGA2009394
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.
Railey Realty, Inc.
Last Updated: 5 hours ago
Data Source: Bright MLS , MLS# MDGA2009394
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