$376,000
●
House -
Off Market
6701 FAIRMOUNT AVENUE
BALTIMORE, MD 21215
4 Beds
3 Baths,
1
Half Bath
3,178 Ft²
$2,226
Est. Monthly
About This Property
Great, large home ready for some renovations to make it the perfect
home for a new family. Large living room and dining rooms in the
front of the home. Across the back is a large family room with
fireplace, fully open to the kitchen. Off of the kitchen there is a
massive bonus room with a slider to the rear yard. There are three
good sized bedrooms with a hall bathroom upstairs. Primary is large
and has an updated en-suite. Basement has multiple finished spaces
and a full bathroom. This home sits on a huge, fenced in lot
on a dead end street. Plenty of driveway parking. Many renovated
and new construction homes surround this gem. This sale is a pre
foreclosure and is being sold AS-IS. No repairs will be made.
Unit Size
3,178 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$118
Property Type
House
Property Taxes
$384
HOA Dues
-
Year Built
2003
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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 months ago (Bright MLS #MDBC2092210)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 1, 2024 | Sold | ||
| Sold | |||
| Apr 23, 2024 | In contract | - | |
| In contract | |||
| Mar 28, 2024 | Listed by Keller Williams Realty Centre | $375,000 | |
| Listed by Keller Williams Realty Centre | |||
| | |||
|
Great, large home ready for some renovations to make it the perfect home for a new family. Large living room and dining rooms in the front of the home. Across the back is a large family room with fireplace, fully open to the kitchen. Off of the kitchen there is a massive bonus room with a slider to the rear yard. There are three good sized bedrooms with a hall bathroom upstairs. Primary is large and has an updated en-suite. Basement has multiple finished spaces and a full bathroom. This home sits on a huge, fenced in lot on a dead end street. Plenty of driveway parking. Many renovated and new construction homes surround this gem. This sale is a pre foreclosure and is being sold AS-IS. No repairs will be made.
| |||
| Feb 19, 2020 | Sold | ||
| Sold | |||
| Dec 15, 2014 | Sold | ||
| Sold | |||
Property Highlights
Air Conditioning
Fireplace
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 Lochearn
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Listed by: Christina D Menter
Keller Williams Realty Centre
Last Updated: 0 hours ago
Data Source: Bright MLS , MLS# MDBC2092210
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Keller Williams Realty Centre
Last Updated: 0 hours ago
Data Source: Bright MLS , MLS# MDBC2092210
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