Factor in cap rate analysis, financing, common charges
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Price History
Amenities
Neighborhood
$2,575,000
●
House -
Off Market
FALLSTON, MD
4 Beds
6 Baths,
1
Half Bath
7,200 Ft²
$13,209
Est. Monthly
About This Property
Thoughtfully curated alongside Paul Thompson of Architectural
Design Works, Inc., this completely custom 4-bedroom,
5-and-a-half-bathroom private estate encompasses over 10,000 sq.
ft. of living space. Ideally set on more than 20 acres, this
private oasis is conveniently located just a quarter of a mile from
the Baltimore County Line and minutes from 95. Upon arrival,
McGuire Hill stone and solid African mahogany doors will welcome
you into this rich estate which notably features wide plank hickory
hardwood flooring, hand-carved cherry wood doors, reclaimed
Tennessee barnwood beams and fireplace mantles. The expansive lower
level with a 20-foot ceiling is enhanced with a full-swing golf
simulator with the largest available screen & custom-built viewing
area, a full home entertainment system by Savant Automation, and a
custom wine room by Baltic Wine Cellars with large capacity
mahogany storage system and real cork flooring. A 3-story elevator
along with an additional custom spiral staircase, separate sauna in
the primary en-suite with tailor-made German-built bench, and the
list goes on and on. The westerly-facing backyard affords the most
breathtaking sunsets amidst the custom-built heated saltwater pool
and spa surrounded by over 3,000 sq. ft. of Travertine decking,
complete with stone firepit and additional covered side patio with
wood burning fireplace and screen shades. No detail was missed, nor
expense spared in the nearly 2 years it took to create this
impeccably maintained masterpiece. The exquisite craftsmanship and
the highest quality materials available, make this home
unquestionably like no other.
Unit Size
7,200 Ft²
Days on Market
46 days
Land Size
20.29 acres
Price per sqft
$374
Property Type
House
Property Taxes
$1,420
HOA Dues
-
Year Built
-
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Cap Rate Calculator
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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.
Garage Features: Garage - Side Entry, Garage Door Opener, Inside Access, Oversized
Parking Features: Attached Garage, Driveway
Attached Garage Spaces: 3
Garage Spaces: 3
Total Garage and Parking Spaces: 13
Interior Details
Bedrooms on 1st Upper Level: 3
Bedrooms on 1st Lower Level: 1
Full Bathrooms on 1st Upper Level: 3
Full Bathrooms on 1st Lower Level: 1
Living Area Square Feet Source: Estimated
Has Fireplace
Gas/Propane, Mantel(s), Wood, Stone
Fireplaces: 4
Has Basement
Fully Finished
Exterior Details
Total Below Grade Square Feet: 100
Ownership Interest: Fee Simple
Year Built Source: Assessor
Foundation Details: Brick/Mortar
Other Structures: Above Grade, Below Grade
Structure Type: Detached
Construction Materials: Stucco
Pool Features: Heated, In Ground, Saltwater
Tidal Water: N
Lot Size Source: Assessor
Land Assessed Value: $1,563,933
Finished Square Feet: 7200
Finished Square Feet Source: Estimated
Finished Square Feet: 3400
Finished Square Feet Source: Estimated
Unfinished Square Feet: 100
Unfinished Square Feet Source: Estimated
Financial Details
County Tax: $17,045
County Tax Payment Frequency: Annually
Tax Assessed Value: $1,563,933
Tax Year: 2023
Tax Annual Amount: $17,045
Year Assessed: 2023
Utilities Details
Central Air
Cooling Type: Central A/C, Programmable Thermostat
Heating Type: Central, Programmable Thermostat
Cooling Fuel: Electric
Heating Fuel: Electric
Hot Water: Instant Hot Water
Sewer Septic: Septic Exists
Water Source: Well
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