This beautifully maintained 3-bedroom, 2.5-bath Colonial-style
interior townhome offers over 2,700 sq. ft. of finished living
space across three levels in the sought-after Fallston Commons 55+
community. Built in 2015, this home features an open and versatile
layout designed for both comfort and functionality. The main level
includes a spacious kitchen with ample cabinetry and dining space,
a bright morning room with upgraded hardwood flooring, a bedroom
with a nearby full bath, and a convenient half bath. The thoughtful
layout provides flexibility for entertaining, everyday living, and
hosting guests. Upstairs, you'll find two additional bedrooms,
another full bath, and a finished storage room, offering plenty of
room for visitors, hobbies, or a home office. The unfinished lower
level provides excellent storage, potential for future
customization and full bath rough-in ready, and a rare set of
walkout stairs leading directly to the backyard - a feature not
commonly found in this community. An attached two-car garage with
inside access and a concrete driveway add everyday convenience.
Enjoy a low-maintenance lifestyle with access to community
amenities including an outdoor pool, clubhouse, fitness room,
tennis courts, and pickleball courts. The HOA covers common area
maintenance, lawn care, snow removal, trash service, and pool
access. Recent updates include smoke detectors (May 2024),
microwave (July 2024), dishwasher (March 2025), and a
constant-pressure sump pump (2016). Outside, the home features a
fenced area, steps, and a patio, perfect for relaxing or
entertaining.
Unit Size
2,704 Ft²
Days on Market
-
Land Size
-
Price per sqft
$196
Property Type
Condo
Property Taxes
$378
HOA Dues
$320
Year Built
2015
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Cap Rate Calculator
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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.
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