$280,000
●
Land -
In Contract
316 JONES STATION ROAD
ARNOLD, MD 21012
Studio
0 Bath
$1,638
Est. Monthly
About This Property
Incredible Opportunity to Build a Custom Home! Seller has grading
permit and drawings in hand on this .36 acre lot. This R5-zoned,
Property is nestled between 2 established communities adjoining
scenic open space with a private wooded backdrop and NO HOA. Nearby
county water and sewer hookups are available for easy connection.
Enjoy a perfect location close to major commuter routes, local
shopping, dining, located in the Broadneck School District. Perfect
for a custom builder or timely residential development. Buyer
to verify utility connection, permitting and all site requirements.
Unit Size
-
Days on Market
-
Land Size
0.36 acres
Price per sqft
-
Property Type
Land
Property Taxes
$262
HOA Dues
-
Year Built
-
Listed By
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Cap Rate
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 months ago (Bright MLS #MDAA2156352)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 28, 2026 | In contract | - | |
| In contract | |||
| Sep 9, 2026 | Listed by Coldwell Banker Realty | $280,000 | |
| Listed by Coldwell Banker Realty | |||
| Oct 17, 2024 | Sold | ||
| Sold | |||
| Aug 21, 2024 | In contract | - | |
| In contract | |||
| Jul 26, 2024 | Price Decreased |
$140,000
↓ $10K
(6.7%) | |
| Price Decreased | |||
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Property Highlights
Exterior Details
Lot Features: Wooded, Adjoins - Open Space
Lot Size Area: 15696
Lot Size Units: Square Feet
Lot Size Acres: 0.36
Lot Size Square Feet: 15696
Water Source: Public Hook-up Available
Financial Details
Tax Assessed Value: $250,000
Tax Annual Amount: $3,149
Utilities Details
Sewer : Public Hook/Up Avail
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Closing Price
Sold On
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HOA + Taxes
About Arnold
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Listed by: Kara L. Leddy
Coldwell Banker Realty
Last Updated: 7 hours ago
Data Source: Bright MLS , MLS# MDAA2156352
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Coldwell Banker Realty
Last Updated: 7 hours ago
Data Source: Bright MLS , MLS# MDAA2156352
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