$150,000
●
Land -
Off Market
6 POLAND RUN VIEW WEST THOUSAND ACRES ROAD
SWANTON, MD 21561
Studio
0 Bath
$887
Est. Monthly
$67
HOA / Fees
About This Property
Golf front homesite located on hole #7 of the highly regarded
Thousand Acres Golf Course. This property offers stunning golf
course views and is just waiting for your dream home to be built.
The 18-hole golf course in your back yard is one of the nicest
courses in the area. The lake access area is near the existing golf
clubhouse on the lakefront. This lot does not include a dock slip,
but it does have deeded lake access. Future plans include a new
clubhouse, and many other amenities such as a sports court and
playground, . Includes a golf membership. Rentals are limited to 24
times per year, and no more than 3 times per month.
Unit Size
-
Days on Market
-
Land Size
1.20 acres
Price per sqft
-
Property Type
Land
Property Taxes
$84
HOA Dues
$67
Year Built
-
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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: 5 months ago (Bright MLS #MDGA2007838)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 20, 2024 | Sold | ||
| Sold | |||
| Nov 18, 2024 | Sold | ||
| Sold | |||
| Nov 14, 2024 | In contract | - | |
| In contract | |||
| Nov 11, 2024 | Listed by Taylor Made Deep Creek Vacations & Sales | $115,000 | |
| Listed by Taylor Made Deep Creek Vacations & Sales | |||
| | |||
|
Beautiful homesite located in the stunning Poland Run section of Thousand Ares. This property offers seasonal lake views and is just waiting for your dream home to be built. The 18-hole golf course in your back yard is one of the the nicest courses in the area. The lake access area is near the existing golf clubhouse on the lakefront. This lot does not include a dock slip, but it does have deeded lake access. Future plans include a new clubhouse, and many other amenities. Includes a golf membership. Rentals are limited to 24 times per year, and no more than 3 times per month.
| |||
| Nov 1, 2024 | Relisted | $150,000 | |
| Relisted | |||
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About Garrett
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Listed by: Elizabeth S Spiker Holcomb
Taylor-Made Deep Creek Sales
Last Updated: 8 hours ago
Data Source: Bright MLS , MLS# MDGA2007838
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Taylor-Made Deep Creek Sales
Last Updated: 8 hours ago
Data Source: Bright MLS , MLS# MDGA2007838
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