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    20806 Bayside Ave Rock Hall, MD 21661
    Property profile & analytics

    20806 Bayside Ave, Rock Hall, MD 21661

    View on Map
    • Retirement homes
    • 4,069 SF
    • 1.60 lot acres
    Off-Market
    Property ID
    US40-1104266
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Golden Rule Assisted Living / Nursing Home / Retirement Community
    • Hubbard Kendall Lawn Care / Landscaping / General Contractor

    Property Details for 20806 Bayside Ave

    Year built
    1986
    Lot size
    1.60 lot acres
    Property type
    Retirement homes
    APN
    1505009359

    Description

    This exceptional 4,069 square foot assisted living facility, known as The Golden Rule, presents a unique owner-user investment opportunity in the desirable Rock Hall, Maryland. Situated on a 1.6-acre lot, this property boasts a charming 1986-built, three-bedroom, two-bathroom brick and cedar ranch home, seamlessly integrated with a 2,000+ square foot assisted living addition completed in 1999 and further expanded in 2004. The total living space encompasses 4,069 square feet, offering eight beds for residents. The property features attractive landscaping, including a pond and flowering gardens, providing a serene environment. Residents and visitors can enjoy the sunroom and rear deck. All business inventory and equipment are included in the sale. Zoned R-1, the property offers flexibility for alternative uses, such as a bed and breakfast or a residence with accessory dwelling units. Conveniently located just a quarter-mile from both the Rock Hall public beach and the harbor, this property offers a compelling blend of residential comfort and business potential. The asking price is $1,400,000, representing a price per square foot of $344.06. The property is fee simple ownership with no ground lease. The property address is 20806 Bayside Ave, Rock Hall, MD 21661.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Rock Hall
    County
    Kent
    State
    Maryland
    Longitude
    -76.2518496
    Latitude
    39.1369607

    Comparable in this City

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      50 Acres Mixed-Use Development Land

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      Commercial property in Rock Hall, MD, suitable for retail.
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    • $325,000
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      Commercial Property in Rock Hall

      Commercial property in the heart of Rock Hall, Maryland.
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    Similar Nearby for Sale

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      Veterinary Hospital on Route 20

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    • $3,665,000
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      Rock Hall Agricultural Property

      3200 sqft farm property for sale in Rock Hall.
      22537 Shipyard Ln, Rock Hall, MD 21661
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    • $850,000
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      Waterfront Land in Rock Hall

      Two adjoining parcels with commercial and residential potential.
      21190 Green Ln, Rock Hall, MD 21661
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    • $1,250,000
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      50 Acres Mixed-Use Development Land

      50 acres in Rock Hall, MD, ideal for mixed-use development.
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    • $325,000

      Rock Hall Commercial Property Opportunity

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    • $325,000
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      Commercial Property in Rock Hall

      Commercial property in the heart of Rock Hall, Maryland.
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    Rock Hall, MD 21661
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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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