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1009 DULANEY LANE
About This Property
Residents of Annapolis Roads enjoy community amenities such as a private beach, pavilion with fire pit, boat launch, pier, and walking trails. The location offers easy access to the Chesapeake Bay and is just minutes from downtown Annapolis, Eastport, and the U.S. Naval Academy. Commuters will appreciate the proximity to Route 50 and I-97, providing direct routes to Baltimore, BWI Airport, Fort Meade/NSA, and Washington, D.C. .
The lot is connected to public sewer, simplifying the building process. Potential buyers can bring their architect to design a peaceful waterfront retreat that takes full advantage of the natural surroundings and community features .
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What does this mean?
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%.
How much can I actually make?
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.
How is cap rate calculated?
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 |
|---|---|---|---|
| May 4, 2026 | Listed by Compass | $650,000 | |
| Listed by Compass | |||
| Feb 3, 2025 | Listed | $625,000 | |
| Listed | |||
| | |||
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Build your dream home on this rare .47-acre wooded waterfront lot in Annapolis Roads. Located on a quiet cul-de-sac, this property offers privacy, nature, and scenic views. Enjoy the variety of waterfowl, wildlife and ever-changing scenery of Lake Ogleton and surroundings. Bring your architect and your imagination to create your peaceful waterfront retreat. The elevated lot with 137 ft of waterfrontage provides endless opportunity to maximize the views throughout the property. The coveted Annapolis Roads community features a private beach, pavilion with a fire pit, boat launch, pier, and walking trails.
With public sewer access, building is easy and the perfect location on Lake Ogleton gives easy access to the Chesapeake Bay and beyond. Or spend the day strolling the close by artful and nautical streets of Eastport to five-star restaurants, pubs and street-end parks. You'll also find yourself minutes from downtown Annapolis and Naval Academy. Annapolis offers the perfect balance of small-town charm and big world sophistication. Located just 5 miles to Rt. 50 and 97 which provides direct access to Baltimore, BWI, Ft. Meade/NSA and Washington, DC. Welcome Home!
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| Jan 20, 2025 | Relisted | $600,000 | |
| Relisted | |||
| Mar 24, 2024 | In contract | - | |
| In contract | |||
| Oct 6, 2023 | Price Decreased |
$600,000
↓ $195K
(24.5%) | |
| Price Decreased | |||
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About Annapolis Neck
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017