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3308 ALTO ROAD
About This Property
This 2.5-story detached property is located in the Hanlon-Longwood neighborhood of Baltimore City. The property is vacant. It is in close proximity to Hanlon Park, Coppin State University, Walbrook Junction Shopping Center, and Gwynns Falls/Leakin Park. The property offers access to major traffic arteries, including Liberty Heights Avenue, providing connectivity to surrounding areas and destinations. Photographs of the property were taken in 2024 and may not reflect its current condition.
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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%.
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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017