308 BIG RIDGE RD
About This Property
Interested in a weekend getaway or a permanent off-the-grid home? Welcome to Big Ridge Road, Flintstone, MD, in Allegany County. Conveniently located just minutes from I-70, offering endless opportunities for outdoor enthusiasts. It's steps away from Green Ridge State Forest, which spans approximately 46,000 acres and is perfect for camping, hiking, biking, fishing, hunting, and boating. You can enjoy fishing for trout at Fifteen Mile and Flintstone Creek or take a boat to Lake Habeeb at Rocky Gap State Park, just minutes away. The home features two above-grade bedrooms, one bathroom on the main floor, additional living space below grade, and a half bath.
The two-car garage provides ample storage for all your outdoor gear, and the western-facing rear composite deck offers stunning sunset views. The home is off-grid with solar panels and propane heat yet connected to internet service for remote working. It's a primary residence, perfect for a second home or short-term rental purposes.
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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 |
|---|---|---|---|
| Dec 2, 2024 | Sold | ||
| Sold | |||
| Nov 5, 2024 | In contract | - | |
| In contract | |||
| Oct 18, 2024 | Listed by Keller Williams Flagship of Maryland | $250,000 | |
| Listed by Keller Williams Flagship of Maryland | |||
| Oct 10, 2024 | Price Increased |
$275,000
↑ $265K
(2,544.2%) | |
| Price Increased | |||
| Aug 13, 2015 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017