$150,000
●
House -
Off Market
311 CRAFT ST
SALISBURY, MD 21804
3 Beds
1 Bath
984 Ft²
$859
Est. Monthly
About This Property
AMAZING OPPORTUNITY
This property is being sold "AS IS" and is located near all amenities in the Salisbury area, subject to county taxes only. With three bedrooms and one bathroom, this home offers great potential for investors looking for a fixer-upper. It is situated on a quiet street with hardwood floors, but no appliances are included. Please note that the property may not qualify for traditional FHA financing. OFFERS DUE 9Am 11/11
This property is being sold "AS IS" and is located near all amenities in the Salisbury area, subject to county taxes only. With three bedrooms and one bathroom, this home offers great potential for investors looking for a fixer-upper. It is situated on a quiet street with hardwood floors, but no appliances are included. Please note that the property may not qualify for traditional FHA financing. OFFERS DUE 9Am 11/11
Unit Size
984 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$178
Property Type
House
Property Taxes
$86
HOA Dues
-
Year Built
1956
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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 #MDWC2016008)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 22, 2024 | Listed by Berkshire Hathaway HomeServices PenFed Realty | $174,900 | |
| Listed by Berkshire Hathaway HomeServices PenFed Realty | |||
| Dec 19, 2024 | Sold | ||
| Sold | |||
| Nov 16, 2024 | In contract | - | |
| In contract | |||
| Oct 6, 2024 | Listed by Berkshire Hathaway HomeServices PenFed Realty | $174,900 | |
| Listed by Berkshire Hathaway HomeServices PenFed Realty | |||
| | |||
|
AMAZING OPPORTUNITY
This property is being sold "AS IS" and is located near all amenities in the Salisbury area, subject to county taxes only. With three bedrooms and one bathroom, this home offers great potential for investors looking for a fixer-upper. It is situated on a quiet street with hardwood floors, but no appliances are included. Please note that the property may not qualify for traditional FHA financing. OFFERS DUE 9Am 11/11
| |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
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Sold On
Sold On
HOA + Taxes
About Wicomico
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Listed by: Marc Cormier
Berkshire Hathaway HomeServices PenFed Realty
Last Updated: 10 hours ago
Data Source: Bright MLS , MLS# MDWC2016008
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Berkshire Hathaway HomeServices PenFed Realty
Last Updated: 10 hours ago
Data Source: Bright MLS , MLS# MDWC2016008
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