Off-Market Property at 21 Island Run Ct, Catonsville, MD 21228

21 Island Run Ct, Catonsville, MD 21228

$379,900

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $234 per day and long-term for an average of $2,600 per month, based on similar listings in the area. Estimated short-term cap rate of 2.5%. Estimated long-term cap rate of 1.1%. back on the market after installing a new kitchen floor! Fabulous brick front townhome in popular neighborhood. Don't miss this updated 3 bedroom 2.5 bath home with three finished levels! All the expensive stuff is done! New roof, HVAC, sliders, skylights, light fixtures and ceiling fans make this an incomparable value. This bright home has a fresh paint job throughout as well as brand new carpet and a deck with a new slider from the living room! Walkout lower level has a family room with fireplace, new slider, laundry and plentiful storage and offers a lovely view of the parkland behind the home. Bedrooms have vaulted ceilings and the baths have been refreshed! Abundant unassigned parking, with plenty of overflow for guests. Conveniently located next to fantastic Patapsco State Park, with numerous family hiking and bike trails within a short distance! don't wait to see this immaculate, move-in ready home!

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$2851
Bedrooms
3
Bathrooms
3
SQFT
1,840
Furnished
N/A
Year built
1984
Listing Status
Off Market
MLS
MDBC2115120

Short-term Rental Potential
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$36,468

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$206

Price/SQFT

Long-term Rental Potential
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$31,200

Revenue
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Profit
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Cap rate
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Cash on Cash
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$2,600/mo

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