3348 & 3360 COVE ROAD
About This Property
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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 |
|---|---|---|---|
| Jun 12, 2026 | Sold | ||
| Sold | |||
| Apr 15, 2026 | In contract | - | |
| In contract | |||
| Apr 4, 2026 | Listed by Railey Realty, Inc. | $339,000 | |
| Listed by Railey Realty, Inc. | |||
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Very rare offering of 25 acres in the Cove area of Accident, MD, 15 minutes from Deep Creek Lake and 10 minutes from Interstate 68. This property is complete with an old orchard with apple, pear, and apricot trees gently sloping down to a meandering creek with a bridge and leading to a well built pole building, a level pasture area then up a hill complete with wooded paths and upper fields. The property spans both sides of Cove road and the residence is located on the Northern side. The home and garage need a good deal of TLC and are being sold as is but the property is incredible. The well is fed by an incredible underground spring with new pump.
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| Mar 20, 2026 | Listed by Railey Realty, Inc. | $339,000 | |
| Listed by Railey Realty, Inc. | |||
| Aug 22, 2025 | Price Decreased |
$349,000
↓ $26K
(6.9%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017