$249,900
●
House -
Off Market
2170 THEODORE ROAD
RISING SUN, MD 21911
3 Beds
1 Bath
1,291 Ft²
$1,404
Est. Monthly
10.63%
Cap Rate
About This Property
Attention all you country folk, or anyone else who desires to live
quietly and away from neighbors to do their own thing. You'll find
all of that right here on Theodore Road. The lot is flat, the area
is quiet and the view is wide open and expensive. This single story
frame built ranch with full basement is waiting your personal touch
to bring it up to date and start enjoying sunny days and starlight
night nights. The rooms are spacious, the floor plan is open and
there's a big rear deck and a giant detached garage. You can do
what you want here and live in peace. And for those car guys who
are eyeballing that garage, there is a historic motorsports park
right down the street. And did we say that this is Motorcycle
country ! Hurry !
Unit Size
1,291 Ft²
Days on Market
33 days
Land Size
1.00 acres
Price per sqft
$194
Property Type
House
Property Taxes
$177
HOA Dues
-
Year Built
1981
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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: 2 years ago (Bright MLS #MDCC2015466)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 24, 2025 | Sold | ||
| Sold | |||
| May 23, 2025 | In contract | - | |
| In contract | |||
| Jan 17, 2025 | Listed | $249,900 | |
| Listed | |||
| | |||
|
Attention all you country folk, or anyone else who desires to live quietly and away from neighbors to do their own thing. You’ll find all of that right here on Theodore Road. The lot is flat, the area is quiet and the view is wide open and expensive. This single story frame built ranch with full basement is waiting your personal touch to bring it up to date and start enjoying sunny days and starlight night nights. The rooms are spacious, the floor plan is open and there’s a big rear deck and a giant detached garage. You can do what you want here and live in peace. And for those car guys who are eyeballing that garage, there is a historic motorsports park right down the street. And did we say that this is Motorcycle country ! Hurry !
| |||
| Aug 4, 2005 | Sold | ||
| Sold | |||
| Sep 12, 1986 | Sold | ||
| Sold | |||
Property Highlights
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
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Baths
ft²
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Asking Price
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Closing Price
Sold On
Sold On
HOA + Taxes
About Cecil
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Listed by: Jon P. Leary
Cummings & Co. Realtors
Last Updated: 3 hours ago
Data Source: Bright MLS , MLS# MDCC2015466
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Cummings & Co. Realtors
Last Updated: 3 hours ago
Data Source: Bright MLS , MLS# MDCC2015466
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