Goode Road
Goode Road
$500,000
692,604 / 15.9
Description
Given the favorable conditions in the current housing market and the opportunity to own 15 acres of land divided into 3 lots, each with at least 3 percolation tests (percs), there are several potential actions you could consider:
1. Real estate development: You could purchase the 15 acres and develop it into residential properties. With the demand for new homes in the area and the recent sales comps ranging from $555k to $800k plus, there is potential for profitable returns on investment.
2. Land investment:...Given the favorable conditions in the current housing market and the opportunity to own 15 acres of land divided into 3 lots, each with at least 3 percolation tests (percs), there are several potential actions you could consider:
1. Real estate development: You could purchase the 15 acres and develop it into residential properties. With the demand for new homes in the area and the recent sales comps ranging from $555k to $800k plus, there is potential for profitable returns on investment.
2. Land investment: Alternatively, you could purchase the land as an investment and hold onto it. Land values tend to appreciate over time, especially in desirable locations. You could choose to sell the land at a later date when the market is more favorable or when the area experiences further development and increased demand.
3. Agricultural use: If you have an interest in farming or agricultural activities, you could utilize the land for agricultural purposes. This could involve growing crops, raising livestock, or even leasing the land to local farmers. Ultimately, the decision on what to do with the 15 acres of land depends on you! Lot C is located between 6135 and 6091 Goode Rd. Lot A is located in the rear of 6091 Goode Rd. (Do not disturb or trespass onto the property of 6091 or 6135 Goode Rd.
1. Real estate development: You could purchase the 15 acres and develop it into residential properties. With the demand for new homes in the area and the recent sales comps ranging from $555k to $800k plus, there is potential for profitable returns on investment.
2. Land investment:...Given the favorable conditions in the current housing market and the opportunity to own 15 acres of land divided into 3 lots, each with at least 3 percolation tests (percs), there are several potential actions you could consider:
1. Real estate development: You could purchase the 15 acres and develop it into residential properties. With the demand for new homes in the area and the recent sales comps ranging from $555k to $800k plus, there is potential for profitable returns on investment.
2. Land investment: Alternatively, you could purchase the land as an investment and hold onto it. Land values tend to appreciate over time, especially in desirable locations. You could choose to sell the land at a later date when the market is more favorable or when the area experiences further development and increased demand.
3. Agricultural use: If you have an interest in farming or agricultural activities, you could utilize the land for agricultural purposes. This could involve growing crops, raising livestock, or even leasing the land to local farmers. Ultimately, the decision on what to do with the 15 acres of land depends on you! Lot C is located between 6135 and 6091 Goode Rd. Lot A is located in the rear of 6091 Goode Rd. (Do not disturb or trespass onto the property of 6091 or 6135 Goode Rd.
- Listed by Zelford C Platt • Zar Realty, LLCP: 3013757976 zee_realty@yahoo.com
Property Details for Goode Road
Tax ID Number
NO TAX RECORD
OwnershipFee Simple
HOANo
WaterfrontNo
ViewsTrees/Woods
GarageNo
Central AirNo
Construction CompletedNo
Location
LISTING UPDATED: 04/25/2024 11:42 AM
Property Details for Goode Road
Status | Active |
---|---|
MLS # | MDCH2014432 |
Days on Market | 650 |
Taxes | $9,026 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Land |
MLS Type | Land / Fee Simple |
Year Built | - |
Lot Size | 15.90 AC |
County | Charles County |
Location
Building Information for Goode Road
Lot Size15.90 AC
Payment Calculator
$3,481 per month
The Payment Calculator is for illustrative purposes only.
Property Information for Goode Road
Property History for Goode Road
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near Goode Road
This home is within Charles County Public Schools.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | PK to 5 |
Rating | School | Distance |
---|---|---|
T. C. Martin Elementary School PublicPK to 5 | ||
John Hanson Middle School Public6 to 8 | ||
St Charles High School Public9 to 12 | ||
Billingsley Elementary School PublicPK to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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