1009 RiverhouseSalisbury, MD 21801

  • Residential income properties
  • 8,304 SF
Off market
$1,496,770 Estimated

Property Details for 1009 Riverhouse

Year built
2006
Construction
WOOD
Lot size
6.40 AC
Property size (Sq ft)
8,304 SF
Zone code
R8A
Property type
Residential income properties
Property subtype
Other apartment buildings
APN
09-088881
APU
9088881

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,664,238
    6.5%
    $1,536,219
    7%
    $1,426,489
  • Comparable approach

    Method
    Valuation
    Relative Method
    $751,885
    Geo Method
    $809,727
  • Alternative Use

    Use
    Valuation
    Residential
    $1,536,219
    Hospitality
    $1,407,169
    Educational
    $1,170,748
    Medical
    $1,211,012
    Retail
    $1,821,163
1009 Riverhouse, Salisbury, Maryland

Location Insight

City
Salisbury
County
Wicomico
State
Maryland
Latitude
38.361
Longitude
-75.6211
CBSA code
41540
CBSA name
SALISBURY, MD-DE METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $636,600
  • Assessed land value
    $600,400
  • Assessed value
    $1,237,000
  • Tax year
    2023
  • Tax bill
    $12,339

FAQs

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