4213 MISPILLION ROAD
About This Property
This single-family residence sits on a generous lot in an established neighborhood, a rare opportunity for buyers ready to update and personalize. The main level features hardwood flooring and a functional layout that supports future enhancements while maintaining comfortable everyday living. Mature landscaping, a covered front porch, and wide open lawn areas add curb appeal and outdoor improvements.
The lower level expands the home's possibilities with a large recreation area, fireplace, bar, built-in corner desk, and substantial storage. This area can be redesigned into additional living space, workspace, guest accommodations, or hobby areas, depending on your goals.
The backyard includes an in-ground pool and covered patio, creating a strong foundation for outdoor enjoyment and future upgrades, along with plenty of additional yard space for gardening, play areas, or landscaping projects.
Located near Belair Road and Slater Avenue, the property allows easy travel toward Baltimore, White Marsh, and surrounding communities. Shopping, dining, and everyday essentials are just minutes away along Belair Road and Silver Spring Road, with nearby parks and local amenities.
This property presents a meaningful opportunity for investors, renovators, or buyers ready to create value and make a home their own.
The photos have been virtually edited for clarity, including removal of personal property, to help showcase the home.. Please also be advised that the owners may be in the home during showings. The home is priced to sell quickly. Thank you for understanding.
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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.
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About Perry Hall
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017