1009 MONROE ST
About This Property
Don't miss this incredible opportunity to own a beautifully renovated 5-bedroom, 3-bathroom home in the highly sought-after community of Eastport, Annapolis! 🎉 This gem has been masterfully restored to its original charm while boasting modern updates throughout.
Step inside to a bright open-concept living space-perfect for entertaining or simply relaxing! 🍽️ The brand-new kitchen features sleek stainless steel appliances, luxurious granite countertops, a custom tile backsplash, and stylish modern fixtures. The spacious master suite offers a private bath and a wide closet-your own peaceful retreat.
The finished basement is a game-changer! 🏡 Whether you dream of a second family room, home theater, playroom, or personal gym-the possibilities are endless!
This home is in a prime location with private driveway parking. Just minutes from downtown Annapolis, the Annapolis Maritime Museum & Park, and endless waterfront adventures, you'll love the easy access to boating, kayaking, and scenic waterfront strolls. Award-winning restaurants like Carrol's Creek Cafe & Chart House are just around the corner, perfect for enjoying fresh seafood and breathtaking views. Plus, with boutique shopping, historic charm, and lively events at City Dock nearby, you'll experience the best of coastal living.
With brand-new flooring, fresh carpet, and new paint throughout, this home is completely move-in ready! 🏡✨ Don't wait-schedule your private showing today! 📅
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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 |
|---|---|---|---|
| Apr 2, 2025 | Sold | ||
| Sold | |||
| Feb 18, 2025 | Listed by Witz Realty, LLC | $549,900 | |
| Listed by Witz Realty, LLC | |||
| Apr 17, 2024 | Sold | ||
| Sold | |||
| Feb 27, 2024 | In contract | - | |
| In contract | |||
| Feb 12, 2024 | Listed by Coldwell Banker Realty | $325,100 | |
| Listed by Coldwell Banker Realty | |||
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Continuing to show for Backup Contracts. OPPORTUNITY KNOCKING! Investor alert! Rare opportunity to buy affordable 3BR, 2 1/2 BA, detached home in Eastport for only $325,100. Nearby house sold recently for $355,000. Extra large upper level bedroom, eat-in kitchen, den/office area, enclosed front porch, and off-street parking. The mostly enclosed, large backyard is ideal for entertaining. Large unfinished basement with utility area, laundry, and 1/2 bath. Gas cooking and forced air furnace. Located near Eastport Shopping Center, restaurants, shopping conveniences, and public transportation. Convenient to Historic Annapolis and Naval Academy too! Sold in "AS IS" condition. Currently tenant occupied. Call LA for rental details, if buyer wants to continue renting to tenants or wait 60 days + to close, once tenant moves out. Some estimates available for buyer review.
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Property Highlights
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About Annapolis
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