Potential Profit$182,106
This property is available as a fixer upper at Fairmount Rd. This property features 2 bedrooms and 2 bathrooms, perfect for investment and/or your personal residence. With 1,405 square feet of living space, you can enjoy sizable rooms for comfortable living and flexibility in the common areas for family gatherings. Our team of real estate experts has conducted a thorough analysis of the current market conditions in Westover, specifically for Fairmount Rd and comparable listings. Based on this expert analysis, the estimated market value is $157,823. This has potential equity of $182,106. If purchased for rental purposes, the monthly rental rate could range between $1,400 and $1,710, providing a solid return on investment. For those interested in resale, the estimated profit from selling is $182,106. Factors considered in this calculation include the property location, condition, status, and convenience, all assessed by our experienced professionals. Properties like this one on Fairmount Rd are updated daily along with others in Westover, Maryland, ensuring you have the most current and accurate information.
Plus with taxes and insurance
Based on 20% down, 30 year mortgage, with 6% APR
All calculations are estimates provided for informational purposes. Actual amounts may vary by location. It is important to know that mortgage rates are dependent on credit scores, loan timeline, and a down payment amount.
There are 7 schools in the area. Nearby schools include Greenwood Elementary School and Princess Anne Elementary School.
There are plenty of activities near this property like University of Maryland Eastern Shore, TidalHealth McCready Pavilion, and more.
Public transportation options include: Shore Transit regional bus service connecting Somerset County with Princess Anne, Salisbury, Crisfield, and Pocomoke City, U.S. Route 13 for north-south driving access across the Delmarva Peninsula, Maryland Route 413 toward Crisfield and Chesapeake Bay waterfront communities, Limited local taxi and rideshare availability compared with larger metro areas, Salisbury-Ocean City Wicomico Regional Airport for regional air travel. Other services include ride-sharing services like Uber and Lyft.
Parks nearby include Janes Island State Park, Pocomoke River State Park and more.
Services available in the area include cellular and internet options.
Auction Information |
||
|
The estimated rental value for Fairmount Rd located in Westover, MD is $1,550/month. Comparable homes around Fairmount Rd that are rentals have monthly ranges starting as low as $1,400 per month and as high as $1,710 per month. An owner looking to use this property as an investment could bring a return in the area of $1,400 - $1,710 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.
Status: Active
Listing information updated for this property.
Status: Active
Status: Inactive
The property has moved into foreclosure proceedings. The lender is likely preparing the home for auction or repossession.
Status: Inactive
Status: Inactive
The owner is behind on payments and has entered preforeclosure. It may still be possible to avoid foreclosure or sell early.
Status: Inactive
Status: Inactive
Status: Inactive
Status: Inactive
Status: Inactive
Status: Inactive
Status: Inactive
Status: Inactive
Status: Inactive
Status: Inactive
Status: Inactive
GUARANTEED RATE
01/10/24 - 05/09/24Status: Inactive
Status: Inactive
Status: Inactive
The property has entered bankruptcy protection. A court-appointed process may delay foreclosure or sale while debts are restructured.
Status: Inactive
Status: Inactive
Status: Inactive
The information provided on the Website, which encompasses details such as property dimensions, floor area, valuation, geographic location, and general property description, is furnished for your convenience and originates from third-party sources. This data should not be interpreted as constituting a contractual offer for the procurement, leasing, or advertising of real estate. No express or implied warranties or assurances are extended concerning these properties, including their availability. While the data presented on this Website is considered reliable, it acknowledges a degree of uncertainty, thus necessitating independent verification.
The administrators of this platform, as well as their respective directors, associates, and personnel, have not undertaken a process of due diligence to verify the accuracy of the information. Their role is limited to disseminating the information, and they do not accept liability, whether direct or indirect, for any injuries, losses, claims, damages, or associated indirect or consequential harms, including but not limited to lost profits or savings, arising from the use of any information or any deficiencies, inaccuracies, or defects in the disseminated information within the bounds of the Website.
Foreclosure.com, in conjunction with its Affiliates, disclaims any responsibility arising from your acquisition of third-party goods, services, or tangible properties based on the informational context of the Site. Foreclosure.com reserves the right, at its sole discretion and without prior notice, to rectify errors or omissions within any section of the Site or to restrict access to the Site.
Relying solely on the informational content featured on the Website is not advisable. Conduct your own personal inquiries and seek legal counsel regarding any property under consideration within the scope of the Website or the associated data.
Calculate monthly mortgage payments with our easy mortgage loan calculator.
Copy the link below:
Millions of people receive foreclosure alerts daily, don't miss out.
Alert me about homes in that match this search.
By signing up for property alerts, I have read the Terms and Conditions of Service and agree to receive emails from Foreclosure.com.
Foreclosure.com Advantage:
At Foreclosure.com, we are driven by a mission — to streamline the journey of finding and purchasing distressed properties for our users across the nation. We understand both the challenges and opportunities presented by the real estate market. So learning is an essential part of investing and we equip you with tools and knowledge through how-to videos, insights from local area experts, and state-specific legal information. These resources are designed to empower you with the knowledge to make informed decisions, whether you're a first-time buyer or seasoned investor.
