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10 STACY COURT
About This Property
Offered furnished and move-in ready, this inviting waterfront retreat showcases an open floor plan enhanced by cathedral ceilings, three skylights, hardwood flooring in the main living areas, and fireplaces in both the living and family rooms. The beautifully refinished kitchen is appointed with quartz countertops, new cabinetry, stainless steel appliances, large pantry and abundant workspace for effortless entertaining. Two spacious primary suites feature impressive, updated baths, including a desirable first-floor suite and a second-floor suite with access to a private deck. Two additional oversized bedrooms with walk in closets. A loft with built-in desk and cabinetry provides flexible space for work or overflow accompaniment. The Florida four-season sunroom and separate three-season room create seamless options for year-round enjoyment overlooking the deep-water canal. Family and sun rooms adjoin with open concept. Outside, beautifully landscaped grounds, a patio, vinyl bulkhead, and recently installed boat and jet ski lifts complete the waterfront lifestyle. Additional highlights include a 2-car garage, plentiful storage, walk-in closets in all bedrooms, pantry, recently replaced HVAC systems, and tankless hot water heater. From boating, fishing, crabbing, and clamming to easy access to the Ocean Pines yacht club, golf course, clubhouse grill, pools, racquet facilities, Ocean City beach club and more. The Ocean Pines Beach Club is located between 49th and 50th streets with private parking, pool and changing area flowing out to the beach on the Atlantic Ocean. This home offers an exceptional opportunity to enjoy the best of coastal living and is ready for your summer enjoyment now.
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Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 3, 2026 | Sold | ||
| Sold | |||
| Aug 9, 2026 | In contract | - | |
| In contract | |||
| Jun 17, 2026 | Price Decreased |
$1,100,000
↓ $100K
(8.3%) | |
| Price Decreased | |||
| May 28, 2026 | Listed by Berkshire Hathaway HomeServices PenFed Realty - OP | $1,200,000 | |
| Listed by Berkshire Hathaway HomeServices PenFed Realty - OP | |||
| Apr 2, 2019 | Sold | ||
| Sold | |||
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About Ocean Pines
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017