$210,000
●
House -
Off Market
815 SENECA PARK RD
MIDDLE RIVER, MD 21220
5 Beds
1 Bath
1,926 Ft²
$1,031
Est. Monthly
About This Property
Value is in the land. This single family is in need of a total
rehab as it is uninhabitable in its current condition. A full gut
and reconstruction is possible but a tear down and rebuild is the
most practical.
Now, onto a more cheerful note, This unique property has a lot to offer to the right buyer. I'm not going to lie and say "with a little elbow grease you will have a perfect gem" because there aren't that many elbows in the WORLD! Or that this house "reeks" of opportunity because that is definitely NOT opportunity that you are smelling when you walk in. What I can tell you is this. If you enjoy a challenge, love creating something from nothing, have the ability to see what others can't and are handy (or wealthy...just saying), This one is for you. Situated on a double lot, you have the opportunity to expand this home during reconstruction. This is where the possibilities become endless. Welcome to your new Labor of Love!
Now, onto a more cheerful note, This unique property has a lot to offer to the right buyer. I'm not going to lie and say "with a little elbow grease you will have a perfect gem" because there aren't that many elbows in the WORLD! Or that this house "reeks" of opportunity because that is definitely NOT opportunity that you are smelling when you walk in. What I can tell you is this. If you enjoy a challenge, love creating something from nothing, have the ability to see what others can't and are handy (or wealthy...just saying), This one is for you. Situated on a double lot, you have the opportunity to expand this home during reconstruction. This is where the possibilities become endless. Welcome to your new Labor of Love!
Unit Size
1,926 Ft²
Days on Market
24 days
Land Size
0.51 acres
Price per sqft
$109
Property Type
House
Property Taxes
$232
HOA Dues
-
Year Built
1986
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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 #MDBC2113862)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 28, 2025 | Sold | ||
| Sold | |||
| Feb 4, 2025 | In contract | - | |
| In contract | |||
| Jan 22, 2025 | Price Decreased |
$209,950
↓ $40K
(16%) | |
| Price Decreased | |||
| Dec 2, 2024 | Listed by Berkshire Hathaway HomeServices PenFed Realty | $249,950 | |
| Listed by Berkshire Hathaway HomeServices PenFed Realty | |||
| May 25, 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 Bowleys Quarters
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Listed by: Deric Beckett
Berkshire Hathaway HomeServices PenFed Realty
Last Updated: 10 hours ago
Data Source: Bright MLS , MLS# MDBC2113862
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Berkshire Hathaway HomeServices PenFed Realty
Last Updated: 10 hours ago
Data Source: Bright MLS , MLS# MDBC2113862
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