2903 TOPAZ RD
About This Property
This multi-family residence is conveniently located right off of I-695 within close proximity to Perry Hall, White Marsh, Towson, and I-695‼️ Property consists of two (2) units with each having (2) bedrooms, two (2) bathrooms, and their own spacious primary bedrooms. Suite one has approx. 2200 total sq. ft. and suite two has approx. 1500 sq. ft.. Each unit has its own entrance, laundry rooms, and is separately metered. Enjoying the warm weather outdoor swimming in your own saltwater poolwhile enjoying your green space and gazebo area for outdoor grilling. LIVE in one unit and RENT the other.
Units are freshly painted. Garage, shed, and pool (as-is).
Unit 1 – 1st Floor approx. 2200 sq. ft. including lower level
Two (2) bedrooms
One (1) bathroom w/ 20" deep tub and ceramic tile
Living Room
Fireplace
Dining Room
Gourmet Kitchen with KitchenAid Stainless Steel appliances
Pantry
Family Room with individual Senville Minisplit system
Separate entrance and side deck
Mahogony floors through-out
Unit 1 – Lower Level
Primary Bedroom in LL with Barn Doors
Two (2) walk in closets
Separate living room
Full bathroom with ceramic floors, walk in shower, and bench
Laundry Room
LVP Flooring
Sump Pump
Drain tile around entire basement
Separate exit to rear yard
Unit 2 – 2nd Floor (Entrance in Rear)
Two (2) bedrooms
One (1) bathroom w/ 20" deep tub with ceramic tile
Living Room
Dining Room
Kitchen with Frigidaire appliances
Pantry
Utility Closet
Roof top deck
Mahogony floors
Unit 2 – 3rd Floor – approx. 1500+ sq. ft.
Primary with walk-through closet
Separate walk-in closet
Full bathroom with walk in shower and ceramic tile
Laundry Room w/ access to hidden storage
Mahogony floors
Unit 1 & Unit 2 – Misc.
Fabuwood cabinets
Granite countertops
Separate electric & gas meters
Separate internet
One (1) water meter
Recessed Cans
Ceiling Fans
Undermount kitchen lighting
Fiber optic cable wire to the house
Wired for Cat5e
Exterior
Two (2) car garage
Shed 12'x8'
Outdoor Shower
Salt Water Pool (as-Is)
10'x10' Gazebo
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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 |
---|---|---|---|
May 27, 2024 | Listed by ExecuHome Realty | $479,700 | |
Listed by ExecuHome Realty | |||
Jul 27, 2016 | Sold to Lissa Gotti | ||
Sold to Lissa Gotti | |||
Apr 15, 2004 | Sold to Thomas Connolley | ||
Sold to Thomas Connolley |
Property Highlights
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Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
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Building Info
