2860 Merchant Court, Waldorf, MD 20603

2860 Merchant Court Waldorf MD 20603
Managed

Welcome to 2860 Merchant Court,
Waldorf, MD 20603

2860 Merchant Court was a large Colonial.  It was located in the Windsor Mill subdivision of the Waldorf neighborhood in Charles County.  It had 4 bedrooms and 3-1/2  bathrooms.  The home had a living room, dining room, updated kitchen with newer appliances, a family room with a gas fireplace, a half bath and a laundry area.  There was a full, finished basement that had a large recreation room and a full bathroom.  Parking was in the driveway and attached two-car front-facing garage.  There was access to the deck and back yard from the eat-in kitchen.

2860 Merchant Court, Waldorf, MD 20603 Google Map

Rental and Compensation Information for
2860 Merchant Court, Waldorf, MD 20603

This home was originally listed for rent for $2,900 and was ultimately rented for $2,750 per month on November 1, 2019.  No utilities were includes in the monthly rent.  The tenants paid for electric service, natural gas service, water and sewer service, trash removal, telephone, cable TV and Internet service.  The security deposit was $2,750 and was required when the application was accepted.  Pets were considered on a case-by-case basis, with an additional minimum $300 pet deposit.  The owner did not allow smoking inside the home.

INCOME REQUIREMENTS FOR RENTING THIS HOME

Monthly Pre-Tax Income of $10,150
Yearly Pre-Tax Income of $121,800
You can read about the Procedures We Use to Process Rental Applications

Historical Background Information for
2860 Merchant Court, Waldorf, MD 20603

We placed the tenants in the home through our rental listing agreement.  The owners later decided that they wanted to manage the home on their own.  As a result, we terminated the property management agreement on April 30, 2020.

We are No Longer Managing the Home at
2860 Merchant Court, Waldorf, MD 20603

There are many reasons why a homeowner will remove their rental home from active management.  The two most popular reasons are that:

  • The owner wants to sell the home based on a change in the Return on Investment (ROI).  This happens after many years of owning the home.  Selling is one of several options for the owner.
  • The owner changes the home to a principal residence.  Sometimes an owner will begin living in a former rental home so that they can later sell it.  This is done to get tax advantages in the sale.

If you are thinking about buying a home in Charles County, we can help!  The first step is for you to take a few minutes to look at the current Homes for Sale in Waldorf, MD 20603.  You can contact us so we can arrange a time to meet with you.  We can discuss your specific property needs and help you to get started.  

Another part of the process is for you to look at the Homes for Rent in Waldorf, MD 20603 because these are your competition.  We can also work with you to Determine the Return on Investment (ROI) for your Rental Property.  Finally, we can help you find qualified tenants for your rental property.  We can discuss the Rental Listing Agreement with you and get your listing active quickly.

If you are thinking about selling a home that you already own, we can help!  The first step is to determine the Fair Market Value of Your Home.  When you answer a few questions about your home, we can perform the analysis and send you the results within a couple of days.

Contact Us About Homes to Buy, Rent or Sell

Price:$No Longer Under Management
Address:2860 Merchant Court
City:Waldorf
County:Charles
State:MD
Zip Code:20603
Year Built:2004
Floors:3
Square Feet:2,490
Acres:0.19
Bedrooms:4
Bathrooms:3
Half Bathrooms:1
Garage:2-Car Front Loading
Pool:None
Property Type:Detached
Condo:$2,750 Security Deposit Required
Financial:Income Requirements: $9,625/ monthly - $115,500/ annually
Condition:Move-In Ready
Heat/Cool:Electric, Natural Gas
Utilities:Tenants are responsible for electric service, natural gas service, water and sewer service, trash removal service, lawn maintenance, telephone, cable TV and Internet service.
  • Drop files here or
    Max. file size: 25 MB, Max. files: 3.
      We require a valid photo ID before any property showings can be scheduled.
    • This field is for validation purposes and should be left unchanged.