8853 MAPLEVILLE RD
About This Property
This property is Truly a unique homestead in location, condition, features and benefits. Typically when
you find a property with a little acreage the price is way too high. Or if you find a home that could use a little modernizing like central A/C, updating the kitchen and baths that it's in really poor condition. Or maybe the location for a home in this price range is way off the beaten path, NOT 8853 Mapleville Road!!! This home is on OVER 5 acres and is JUST outside of Libertytown and Mt Airy - not too far from where 27 and 26 intersect and features a 32 x 24 detached garage with electric, double doors, and plenty of room for car lovers or a great workshop. The home has been meticulously kept by the original owner and is in VERY good condition, it could use some updating but nothing that needs to happen right away. The price,
at $525k, leaves room to grow your equity. Come check out this property and fall in love yourself. The owner requests a 60 day post settlement occupancy. Contact agent with any questions and see Showingtime for availability.
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Cap Rate Calculator
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 9, 2023 | Sold | ||
| Sold | |||
| May 1, 2023 | In contract | - | |
| In contract | |||
| Apr 27, 2023 | Listed by IMPACT Maryland Real Estate | $525,000 | |
| Listed by IMPACT Maryland Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017