$119,500
●
Land -
Off Market
8068 MIDVALE AVE
PASADENA, MD 21122
Studio
0 Bath
$121,082
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model
About This Property
BELLHAVEN BEACH... Nice wooded corner lot fronting on
Lakewood and Midvale. Lot in Chesapeake Schools. Lot that has
recently perked. Approved Perc was April 2022 and
minimum design requirements are based on a proposed house size no
larger than 2500 square feet. Lots 97A 97B 98A
and 98B were merged in January 2022 . Lovely wooded
neighborhood and not far from the water. Attached are
documents for lot merger and perc . Per Seller, Per
county records lot is .34 of an acre There is a water view of
Bodkin Creek.
Unit Size
-
Days on Market
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Land Size
0.34 acres
Price per sqft
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Property Type
Land
Property Taxes
$42
HOA Dues
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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: 4 years ago (Bright MLS #MDAA2052972)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 29, 2025 | Listed | $698,000 | |
| Listed | |||
| | |||
|
The “Chestnut” is a charming home featuring an open foyer leading to a flex room, tucked staircase and a centrally located powder room. The main level includes a spacious family room with optional fireplace, eat-in kitchen, breakfast bar/island, walk-in pantry and convenient mudroom off your two-car garage. You can add an optional four-foot extension to your family room and optional sunroom off the kitchen. Upstairs are four spacious bedrooms, laundry, and hall bath give everyone room to spread out. Select a deluxe bath for the primary suite or a third full bath for bedroom #4. Enjoy the option to add valuable space with a lower-level recreation room.
| |||
| Oct 31, 2024 | Listed | $135,000 | |
| Listed | |||
| | |||
|
****PRICED TO SELL****Wooded level lot in desirable Belhaven Beach. Previously perced for residential home. Corner lot - address can be on Lakewood Rd. Waterviews of Main Creek in secluded water-oriented community. Bodkin Yacht Club around the corner, Near schools, shopping and major roadways. Short drive to Annapolis, Ft. Meade and BWI. Bring your builder and plans!
| |||
| Mar 27, 2023 | Sold | ||
| Sold | |||
| Feb 2, 2023 | Listed by Coldwell Banker Realty | $117,500 | |
| Listed by Coldwell Banker Realty | |||
| May 5, 1978 | Sold | ||
| Sold | |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Anne Arundel
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Listed by: Beverly Langley
Coldwell Banker Realty
Last Updated: 5 hours ago
Data Source: Bright MLS , MLS# MDAA2052972
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Coldwell Banker Realty
Last Updated: 5 hours ago
Data Source: Bright MLS , MLS# MDAA2052972
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