11 Mainsail Drive
Elkton, MD 21921
MLS #CC9905997

    Est. P&I payment: $6072.72/mo
    Description for 11 Mainsail Drive, Elkton, MD 21921
    The Cove Marina sits on the Elk River, MD, and is comprised of 4 parcels of land totaling 6.6 acres. The business office manages 97 boat slips, land storage, two waterfront residences and separate waterfront parcel for pleasure! The marina hosts a deck and picnic area, climate controlled restrooms, a laundry room and a quaint Ship Store. This is a RARE OPPORTUNITY to own and live at a marina!
    MLS #CC9905997
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    My Notes for MLS #CC9905997

    General Features

    • Property Type: Commercial
    • Comm Industrial Type: Office
    • Zoning Code: C2

    Exterior Features

    • Roof: Shingle - Asphalt
    • Stories: 2
    • Lot Area Acre: 1.160009
    • Lot Size Area: 50,530
    • Water Front: Y
    • Water Frontage: 1
    • Physical Dock Slip Conveys: Yes
    • Mean Low Water: 4+
    • Navigable Water: Yes
    • Docks: 3
    • Non Power Boats Permitted: 6+
    • Power Boats Permitted: 6+
    • Water Access: Yes
    • Property Against Water: Yes
    • Water View: Yes
    • Body Of Water: ELK RIVER
    • Parking: Handicap Parking,​Paved Driveway,​Private 11+ Spaces,​Gravel Driveway
    • Parking Space Number: 16

    Interior Features

    • Gross SQFT: 1
    • Net SQFT: 1

    Utilities Features

    • Heating Fuel: Electric,​Bottled Gas / Propane
    • Heating: 90% Forced Air
    • Sewer Septic: Septic
    • Water: Well

    Financial Features

    • Price Per Square Foot: 1
    • Total Taxes: 6,500.87
    • Total Taxes Payment Freq: Annually
    • County Tax: 6,500.87
    • County Tax Payment Freq: Annually
    • Tax Year: 2016
    • Improvement Assessment Amount: 269,600
    • Improvement Assessment Payment Freq: Annually
    • Land Assessment Amount: 350,700
    • Land Assessment Payment Freq: Annually
    • Total Assessment: 620,300
    • Total Assessment Payment Freq: Annually
    • Assessment Year: 2017
    • Gross Income: 120,000
    • Monthly Gross Rent: 8,400
    • Seller Desires: Sale of Owner's Interest
    • Expenses: 116,000

    Community Features

    • City: 10000061818
    • County: Cecil
    • HOA: N
    • Vacation Home: N
    • Roads: Black Top
    • Advertised Subdivision: LOCUST POINT

    Misc Features

    • Year Built: 2000
    • Occupied: Yes
    • Vacancy Factor: 25
    • Tenancy: Vacant,​1 Year Lease(s)
    • Auction: N
    • Foreclosure: N
    • Potential Short Sale: No
    • Present Use: Marina
    • Pass Through: No


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    The listing information for 11 Mainsail Drive, Elkton, MD 21921 was graciously provided by our friends at the listing brokerage, RE/MAX Results

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    P&I Payment $6072.72
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    Last Updated 04/26/2018 at 9:33am
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