$247,000
●
House -
Off Market
5509 WILLYS AVENUE
HALETHORPE, MD 21227
4 Beds
2 Baths
1,612 Ft²
$1,506
Est. Monthly
10.94%
Cap Rate
About This Property
Welcome to 5509 Willys Ave, a delightful Cape Cod-style home
offering versatile living with two separate units. Each unit
features 2 bedrooms and 1 bathroom, making it perfect for extended
family living, shared living arrangements, or the option to
generate rental income.
This home's spacious layout and solid structure provide a great foundation for personalization. While there's room for some modern touches, it's an ideal canvas for those looking to create their own unique space.
Located in a peaceful Baltimore Halethorpe neighborhood close to shopping, dining, and entertainment, this property is a hidden gem waiting to shine. Whether you're looking for a multi-unit home or simply a flexible living arrangement this property offers a world of potential.
This home's spacious layout and solid structure provide a great foundation for personalization. While there's room for some modern touches, it's an ideal canvas for those looking to create their own unique space.
Located in a peaceful Baltimore Halethorpe neighborhood close to shopping, dining, and entertainment, this property is a hidden gem waiting to shine. Whether you're looking for a multi-unit home or simply a flexible living arrangement this property offers a world of potential.
Unit Size
1,612 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$161
Property Type
House
Property Taxes
$229
HOA Dues
-
Year Built
1941
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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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 years ago (Bright MLS #MDBC2109004)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 6, 2024 | Sold | ||
| Sold | |||
| Oct 17, 2024 | In contract | - | |
| In contract | |||
| Oct 3, 2024 | Listed | $260,000 | |
| Listed | |||
| | |||
|
Welcome to 5509 Willys Ave, a delightful Cape Cod-style home offering versatile living with two separate units. Each unit features 2 bedrooms and 1 bathroom, making it perfect for extended family living, shared living arrangements, or the option to generate rental income.
This home’s spacious layout and solid structure provide a great foundation for personalization. While there’s room for some modern touches, it’s an ideal canvas for those looking to create their own unique space.
Located in a peaceful Baltimore Halethorpe neighborhood close to shopping, dining, and entertainment, this property is a hidden gem waiting to shine. Whether you're looking for a multi-unit home or simply a flexible living arrangement this property offers a world of potential.
| |||
| Dec 27, 2023 | Sold | ||
| Sold | |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Arbutus
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Listed by: William C Featherstone
Featherstone & Co.,LLC.
Last Updated: 8 hours ago
Data Source: Bright MLS , MLS# MDBC2109004
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Featherstone & Co.,LLC.
Last Updated: 8 hours ago
Data Source: Bright MLS , MLS# MDBC2109004
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