2611 CHESTNUT HILL RD
About This Property
This is an estate sale. The Personal Representative knows very little about the property. Please confirm any information with Harford County Government. Zoning has told the agent that the property has two building rights on the 15 acre parcel, including the existing home. There is a flood zone through the property that follows the stream. Some sort of access to the east section of the property such as a bridge over the flood zone/stream can be done, and could be costly but worth it, or you can possibly build behind the existing home. Well and septic information from the county is included in the disclosures online. The well yielded 11.54 gallons per minute when it was first drilled in 2001. New water heater.
Build your homestead here ! The tenant will leave at or before settlement. Property is zoned agricultural with residential use.
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 15, 2023 | Sold | ||
| Sold | |||
| Jul 1, 2023 | In contract | - | |
| In contract | |||
| Jun 28, 2023 | Price Decreased |
$399,900
↓ $50K
(11.1%) | |
| Price Decreased | |||
| Jun 2, 2023 | Listed by Long & Foster Real Estate, Inc. | $450,000 | |
| Listed by Long & Foster Real Estate, Inc. | |||
| Aug 28, 2019 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017