618 PLOY ST
About This Property
*ASSUMABLE LOAN with 3.25% interest rate!* Step into the enchanting allure of this historic Mount Vernon carriage home.
Featuring timeless architecture, modern amenities, and a prime location amidst some of the city's top cultural landmarks, this home offers the perfect blend of elegance and urban convenience.
At the heart of the home is its direct entry off of Ploy St. with expansive private patio, accessible from kitchen, entryway and living room. Never again worry about finding parking, with your private two car garage and TWO additional off-street parking spaces. Step inside to find a seamless blend of restored architectural details and modern, renovated living space.
Throughout the home you'll find no shortage of historic Baltimore charm, with entire walls of exposed brick and massive restored original windows that drench the home in light. Renovated top to bottom in 2023, enjoy sparkling wide-plank LVP flooring, spacious tiled bathrooms, walk-in primary closet and an open floor plan to fit any lifestyle.
The true magic of this home is its location, nestled just a block from the Washington Monument, the cultural epicenter of Mt. Vernon. Enjoy a morning coffee from Ceremony Coffee, Roasters, spend the day meandering the Walters Museum or George Peabody Library, or take in the sweeping city views at Topside Restaurant in the Revival Hotel.
This property presents a rare opportunity to own a piece of history in one of Baltimore's most coveted neighborhoods, schedule your tour today.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 14, 2024 | Sold | ||
| Sold | |||
| Apr 18, 2024 | In contract | - | |
| In contract | |||
| Mar 28, 2024 | Relisted | $600,000 | |
| Relisted | |||
| Mar 18, 2024 | In contract | - | |
| In contract | |||
| Mar 14, 2024 | Listed by RLAH @properties | $550,000 | |
| Listed by RLAH @properties | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017