21 GLENMORE AVENUE
About This Property
Don't miss the opportunity to own this hidden gem in Baltimore. Filled with potential and ready for its next chapter, this home offers the perfect opportunity for a buyer looking to add their personal touch or an investor seeking their next project. With solid possibilities and endless potential, this is a property you won't want to overlook.
This property is being sold as part of an estate sale and is offered strictly As-Is. Buyers are encouraged to conduct all inspections, measurements, and due diligence to their satisfaction. If ground rent is discovered, the seller will not redeem it. Buyers are encouraged to verify the existence of any ground rent as part of their due diligence. Any remaining contents buyer will have to discard!!!
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017