3421 RIPPLE RD
About This Property
Welcome to 3421 Ripple Road, a modern and casual urban retreat in Baltimore, MD. This unique property offers 1660 square feet of versatile living space, making it an ideal canvas for your urban oasis. Upon entering, you'll be greeted by an open and airy floor plan, perfect for creating a personalized living space. Situated on a generous 7245 square foot lot, this property provides ample outdoor space for entertaining, gardening, or simply enjoying the fresh air. The possibilities are endless - envision a private outdoor sanctuary or a vibrant garden oasis. This property will be sold as is, providing you with the opportunity to customize and transform it to fit your unique vision. Whether you're looking to create a contemporary haven or a trendy urban retreat, this property is your blank canvas. Conveniently located in a vibrant neighborhood, this home offers easy access to a variety of amenities and attractions, allowing you to experience the best of city living.
New Roof (2023)
New Water Heater (2023)
Garage door replaced 5 years ago
Updated HVAC (transferable home warranty in place)
Waterproofed basement
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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 |
|---|---|---|---|
| Aug 23, 2024 | Sold | ||
| Sold | |||
| Jul 27, 2024 | In contract | - | |
| In contract | |||
| Jul 21, 2024 | Listed by Compass | $315,000 | |
| Listed by Compass | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017