$95,000

Est. payment -/mo

$91,500

3.8%

Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

11921 TARRAGON RD #I Reisterstown, MD 21136

1 Bed

1 Bath

747 SqFt

SOLD DATE : 02/11/2022

Key Details

Sold Price $95,000

Property Type Condo

Sub Type Condo/Co-op

Listing Status Sold

Purchase Type For Sale

Square Footage 747 sqft

Price per Sqft $127

Subdivision Gardens At Owings Mills

MLS Listing ID MDBC2021244

Sold Date 02/11/22

Style Traditional

Bedrooms 1

Full Baths 1

Condo Fees $206/mo

HOA Y/N N

Abv Grd Liv Area 747

Originating Board BRIGHT

Annual Tax Amount $1,339

Tax Year 2020

Property Description

INVESTOR ALERT! Unique opportunity to stay in Baltimore County and own a turn key rental in Reisterstown for under $100,000! Property is already leased for $1,100/mo to qualified tenants with existing lease in place through June 2022! Fantastic, desirable location with convenient access to I-795, bus routes, subway system, shopping and dining! Parking lots were recently redone from the ground up. Property was recently renovated opening up the kitchen to fit desirable full-sized stainless steel appliances that similar units simply cannot accommodate; result is an OPEN FLOOR PLAN not seen in the other units within this development! Property boasts bamboo flooring and has a modern farmhouse aesthetic. Features include a stainless steel ethanol fireplace with stone surround built into elegant paneled wall with reclaimed oak mantel. Unit also features a unique mudroom space with built-in closet, coat hooks, bench seat, and additional storage. Wall to wall carpet in the bedroom less than 2 years old.
Included for download is an "Investment Property Income and Expense Budget" to help with your analysis of the home as an investment. Cap Rate: 8.03%, Debt Coverage Ratio (DCR): 1.86, ROI from cash flow: 14.86%, GRM: 6.63.

Location

State MD

County Baltimore

Zoning RESIDENTIAL

Rooms

Main Level Bedrooms 1

Interior

Interior Features Floor Plan - Open, Window Treatments, Other

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C

Flooring Bamboo, Carpet

Fireplaces Number 1

Fireplaces Type Other

Equipment Stainless Steel Appliances, Oven/Range - Gas

Fireplace Y

Appliance Stainless Steel Appliances, Oven/Range - Gas

Heat Source Natural Gas

Laundry Lower Floor

Exterior

Utilities Available Cable TV Available, Electric Available, Natural Gas Available

Amenities Available Common Grounds

Waterfront N

Water Access N

Roof Type Architectural Shingle

Accessibility None

Parking Type Parking Lot

Garage N

Building

Story 2

Unit Features Garden 1 - 4 Floors

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories 2

Additional Building Above Grade, Below Grade

Structure Type Dry Wall

New Construction N

Schools

School District Baltimore County Public Schools

Others

Pets Allowed Y

HOA Fee Include Common Area Maintenance,Custodial Services Maintenance,Ext Bldg Maint,Trash,Lawn Maintenance,Management

Senior Community No

Tax ID 04042100013541

Ownership Condominium

Special Listing Condition Standard

Pets Description No Pet Restrictions

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Aryan Frizhandi

aryan.frizhandi@lnf.com +1(202) 899-0069

Our team is ready to help you sell your home for the highest possible price ASAP

Listed by Christopher Warren Robertson • Keller Williams Realty Partners
Bought with Rose Ella Pich • Long & Foster Real Estate, Inc.

Aryan Frizhandi

Agent

+1(202) 899-0069

11921 TARRAGON RD #I Reisterstown, MD 21136

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

What is Your Home Worth?

Aryan Frizhandi

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