LOT 3-4 UPLAND RD
About This Property
BUILDER TIE IN PLEASE SEE OTHER LISTING : MDBC2070208
Come live in the beautiful neighborhood designed by Frederick Law Olmstead, known as Sudbrook Park. Boasting tree lined streets, curvy roads and open green gathering spaces. Enjoy the rare opportunity to have a brand new home built in a tight knit historic community. Close access to 695, 795 and 83 makes it very convenient for getting where you need to go! Ameri-Star Homes is offering an incredible to be built home on a 15,150 sq foot home site. The Roosevelt Model is offered for this homesite, take a look at the brochure and the 3D model. It is 1900 sq feet above grade with options to add more! It has 4 bedrooms 2.5 baths with a garage. The kitchen includes designer ceiling light fixtures, granite countertops, stainless steel appliances and Delta Classic no drip faucets. The bathrooms have marble cultured vanity tops, Delta Classic no drip faucets and exterior venting exhaust fans. The home comes with a fully sodded yard and a beautiful landscape package. The roof has 25-year CertainTeed Shingles. You also have the option to customize the Roosevelt Model to your suit your needs, such as adding finished square footage to the lower level and extensive personalized options lists. The images illustrated in this listing may be representative of the builders work in likeness and quality and may show optional features available.
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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%.
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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.
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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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About Northern Baltimore
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017