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About this home
412 Bay St NW is a 1940-built home in Stephens Add, Fort Meade. Inside you'll find 4 bedrooms, 2 bathrooms, and 1,774 square feet of living space. Listed at $122,000 (about $69/sqft), 523 days on market. Flood zone x - outside the FEMA high-risk areas, which keeps insurance manageable.
Investment Property with Exceptional Cash Flow! Don't miss this beautifully renovated single-family home featuring a fully equipped in-law suite—each side with separate entrances and meters, making it perfect for dual rental income. Recent upgrades include brand new flooring throughout, fresh modern paint, and tasteful finishes that give the home a bright, updated look. The main unit and in-law suite can be rented separately, maximizing income potential. Whether you're an investor seeking strong cash flow or a homeowner looking to offset your mortgage, this property is a rare find. With low maintenance needs and excellent rental appeal, this is a high-performing asset you’ll want in your portfolio! Note -property needs work . Cash purchase only .
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The essentials
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Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
Price history
Neighborhood
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Sample: 42 closed home sales in 33841 over the last 8 months, Stellar MLS. A starting point, not a guarantee.
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$122,000
$69 per sq ft
Beds and baths
4 beds, 2 baths
Size
1,774 sq ft
Time on market
523 days
Year built
1940
Monthly payment
About $892/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $2,339 annual tax bill, insurance.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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