3990 FERRY LANDING RD
About This Property
Builder is offering $5,000 with the use of preferred lender/title co.
Schaefer Home's Patuxent Model is currently the only completed new construction home in northern Calvert county. Offering over 3200 square feet of open living space. Home situated on a large flat lot. Buyer is able to customize and select many features of the home. Hardwood floors throughout the main level, granite countertops and stainless steel appliances are standard. Main level features large living room open to the kitchen with breakfast nook, pantry, separate dining room, powder room, and a main level bedroom or office. Upstairs you will find the primary bedroom with private bathroom featuring dual vanities and separate shower and soaker tub, along with a huge walk in closet. Upper level also features a full hallway bathroom, laundry room, and 3 additional spacious bedrooms. The basement comes unfinished with the base price, but can be finished by the builder at an additional cost. This property is located in an award-winning, nationally recognized school district, it has no covenants and restrictions, no HOA and is in easy commuting distance to DC, NOVA, Andrews AFB and other surrounding cities. 2-10 builders warranty included.
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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 |
|---|---|---|---|
| May 24, 2023 | Sold | ||
| Sold | |||
| May 7, 2023 | In contract | - | |
| In contract | |||
| Apr 22, 2023 | Price Decreased |
$799,000
↓ $31K
(3.7%) | |
| Price Decreased | |||
| Nov 1, 2022 | Listed by RE/MAX One | $829,900 | |
| Listed by RE/MAX One | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017