4236 SHOREHAM BEACH RD
About This Property
This District is generally intended for larger arterial strip commercial development and shopping centers that offer a wide range of commercial uses that serve a broad market area. These commercial uses typically have larger space and land requirements and are located along major roadways. The minimum lot size is 10,000 square feet. Maximum lot coverage by structures and parking is 80%. The maximum Floor Area Ratio is 2.0. Maximum height is 45 feet based on minimum setbacks and can increase to 72 feet provided setbacks are increased as per the formula. Purpose and Intent. The heavy commercial (C3) zone district provides areas for intensive service commercial uses primarily of a nonretail nature, some of which require outdoor storage or activity areas. Limited retail and office uses are allowed to the extent that they are compatible with heavy commercial uses. Per Anne Arundel County Web Site.
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Jun 30, 2023 | Sold | ||
| Sold | |||
| Jun 8, 2023 | In contract | - | |
| In contract | |||
| May 11, 2023 | Price Decreased |
$190,000
↓ $20K
(9.5%) | |
| Price Decreased | |||
| May 2, 2023 | Listed by Coldwell Banker Realty | $209,900 | |
| Listed by Coldwell Banker Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017