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    55+ Mobile Home Community Ranch Title is generated by Realmo AI

    4104 CONOWINGO Road, Darlington, MD 21034

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    For Sale
    $1,950,000

    MULTI_FAMILY - Ranch - DARLINGTON, MD

    Type:Single Family Residence
    Property size:
    2,900 SF
    Lot size:
    10.00 Acres
    Price / SF:
    $672/SF
    Added:
    May 20, 2026
    Days on Market:
    3
    Last Refresh:
    May 22 at 3:06 am

    Property Features for 4104 CONOWINGO Road

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Single Family Residence
    Parking features
    Driveway, On Street, Parking Lot
    Standard status
    Active
    Size
    2,900 SF
    Lot size
    10.00 Acres

    Taxes and HOA fees

    Tax Annual Amount
    10071

    Utilities

    Heating system
    Baseboard, Other (Heating), Hot Water(Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1974
    Number of units
    1
    Building materials
    Stone
    Architectural style
    Ranch

    We can help!

    Listing Contact
    Alex W Murphy
    Alex W Murphy

    Listing agent Alex W Murphy License #462004511

    Listing office CENTURY 21 New Millennium 200 N PHILADELPHIA Boulevard, Pasadena, MD

    Listing date May 20, 2026

    MLS# MDHR2055410 Listing URL

    Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Multiple Income Streams from mobile home lot rentals, rancher rental, and outbuildings.
    • Rancher with In‑Law Suite featuring a separate living space with full amenities and a private entrance.
    • 55+ Community on 10 Acres: Well‑maintained mobile home community with 20 lots.
    • Owner Financing Considered for qualified buyers.
    • Convenient Location on Route 1, with easy access and peaceful setting.
    • Additional Structures: Includes multiple sheds/garages and a helicopter hangar.

    Overview

    This is a well-maintained 55+ mobile home community situated on 10 acres. The property features 20 mobile home lots plus an updated Rancher with an In-Law Suite. This unique property offers multiple income streams with established lot rentals while also providing the option for owner occupancy or additional rental income from the rancher and outbuildings. The ranch home offers comfortable single-level living and is ideal for an onsite owner/operator, property manager, or supplemental income opportunity. The Rancher also features an In-Law Suite with a bedroom, full kitchen, living room, and its own entrance. The property is conveniently located on Route 1 in Darlington, MD, yet is still peaceful and quiet, bordered by trees, and situated next to a park. The property also includes multiple sheds/garages and a helicopter hangar. The property offers stable cash flow, long-term growth potential, and a versatile income-producing opportunity. Current Lot Rents are $522.50/month. The property size is 2900 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mobile home & RV ...

    Suggested Use

    Real Estate Agency Building Supply Auto Repair Shop Big Box & Wholesale Store Kitchen & Bath Showroom HVAC Service Discount Store Garden Center Plumbing Service Pet Store & Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Darlington
    County
    Harford
    State
    Maryland
    Longitude
    -76.23886
    Latitude
    39.65191

    FAQs

    What type of property is this?
    Mobile home & RV park - Well-maintained mobile home community with rancher on 10 acres.
    Where is this mobile home & rv park located?
    The property is located at 4104 CONOWINGO Road Darlington, MD.
    What is the asking price?
    The asking price for this property is $1,950,000.
    What are key features of this property?
    This property features: Multiple Income Streams from mobile home lot rentals, rancher rental, and outbuildings.; Rancher with In‑Law Suite featuring a separate living space with full amenities and a private entrance.; 55+ Community on 10 Acres: Well‑maintained mobile home community with 20 lots.
    (443) 417-4197
    We can help!
    Listing Contact
    Alex W Murphy
    Alex W Murphy
    Real Estate License ID: 462004511
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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    4104 CONOWINGO Road, DARLINGTON, MD 21034
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