1011 SKIFF COVE ROAD
About This Property
Set on over half an acre with 135 feet of waterfront, the property offers direct access to Cadle Creek and the Rhode River. It includes a private pier, two boat slips, and breathtaking water views.
Inside, the home features three bedrooms, two bathrooms, upgraded kitchen, dining room, a spacious living room with a pellet stove, front sunroom with custom woodwork and an attic with storage space. The kitchen boasts stainless steel appliances, upgraded countertops, and a pantry for added convenience. Hardwood floors throughout most of the home. Additional highlights include two exterior porches, custom patio overlooking the water that was added in 2019, a main-level laundry room, and an oversized two-car garage with a fireplace and walk-up attic. The attached carport provides additional space, perfect for crab feasts and entertaining.
The estate's location provides easy access to boating, fishing, and nearby marinas, restaurants, and a state park. The cellar offers extra storage space, and recent updates include a generator switch, five-paneled doors throughout, and a roof replacement in 2016 with durable 50-year architectural shingles.
This rare waterfront property offers the perfect blend of historic elegance and modern living. 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 |
|---|---|---|---|
| May 8, 2025 | Sold | ||
| Sold | |||
| Mar 26, 2025 | In contract | - | |
| In contract | |||
| Feb 20, 2025 | Listed | $1,299,999 | |
| Listed | |||
| | |||
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Nestled along the serene Cadle Creek in Edgewater, this exceptional waterfront estate has been cherished by the same family for generations. Built in the mid-1800s (though tax records date it to 1925), the home underwent a thoughtful renovation in 2016-2017, blending historic charm with modern comforts. Original trim and architectural details have been preserved, honoring the home’s rich legacy.
Set on over half an acre with 135 feet of waterfront, the property offers direct access to Cadle Creek and the Rhode River. It includes a private pier, two boat slips, and breathtaking water views.
Inside, the home features three bedrooms, two bathrooms, upgraded kitchen, dining room, a spacious living room with a pellet stove, front sunroom with custom woodwork and an attic with storage space. The kitchen boasts stainless steel appliances, upgraded countertops, and a pantry for added convenience. Hardwood floors throughout most of the home. Additional highlights include two exterior porches, custom patio overlooking the water that was added in 2019, a main-level laundry room, and an oversized two-car garage with a fireplace and walk-up attic. The attached carport provides additional space, perfect for crab feasts and entertaining.
The estate’s location provides easy access to boating, fishing, and nearby marinas, restaurants, and a state park. The cellar offers extra storage space, and recent updates include a generator switch, five-paneled doors throughout, and a roof replacement in 2016 with durable 50-year architectural shingles.
This rare waterfront property offers the perfect blend of historic elegance and modern living. Schedule your private showing today!
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| Aug 26, 2016 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017