Discover this exquisite townhome nestled within the prestigious
water-oriented community of Chester River Landing. Designed with
elegance and comfort in mind, this residence offers an unparalleled
lifestyle that combines sophistication with the serene beauty of
waterfront community living. Boat Slips are Available for lease or
purchase. The heart of the home, the open kitchen is designed for
both functionality and style. It features sleek countertops, ample
cabinet space, and a large island that doubles as a breakfast bar,
making it perfect for meal preparation and casual dining. Enjoy the
convenience and efficiency of top-of-the-line appliances throughout
the home, including a stainless steel refrigerator, oven and
dishwasher. Open room on first floor could be used for a third
bedroom for guests. Enjoy the sunset from the upper deck or below
on the screened in porch by the pond with fountain. The porch was
renovated this spring with high tech flex screens and ceiling was
waterproofed providing for increased time for usage while keeping
the area dry. Chester River Landing is nestled along the serene
Chester River, this charming waterfront community exudes a perfect
blend of relaxation and recreational opportunities. The centerpiece
of the community is a picturesque floating pier that gently sways
with the rhythm of the water. This well-maintained pier offers
numerous available slips, making it an ideal haven for boating
enthusiasts who enjoy easy access to their watercraft. Enjoy the
community pool during the day then take in the sunset on the pier
with picnic tables and a gas grille. As the day transitions into
evening, the fire pit area becomes a popular gathering spot.
Encircled by cozy adirondack chairs, the fire pit offers a warm and
inviting ambiance, perfect for sharing stories, roasting
marshmallows, and enjoying the company of neighbors under the
starlit sky.
All of this while located in the Historic Town of Chestertown,
known for its waterfront charm, restaurants, and weekend festivals!
Don't miss your chance to make this remarkable property your own!
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.
Garage Features: Garage - Front Entry, Garage Door Opener
Parking Features: Attached Garage
Attached Garage Spaces: 1
Garage Spaces: 1
Total Garage and Parking Spaces: 1
Interior Details
Bedrooms on 1st Upper Level: 1
Bedrooms on Main Level: 1
Half Bathrooms on 1st Upper Level: 1
Full Bathrooms on 1st Upper Level: 1
Interior Features: Ceiling Fan(s), Sprinkler System
Appliances: Built-In Microwave, Dishwasher, Disposal, Washer - Front Loading, Dryer - Front Loading, Oven - Self Cleaning, Refrigerator, Dryer - Electric
Living Area Square Feet Source: Estimated
Laundry Type: Lower Floor
Has Fireplace
Electric
Fireplaces: 1
Exterior Details
Ownership Interest: Fee Simple
Year Built Source: Assessor
Foundation Details: Block
Other Structures: Above Grade, Below Grade
Structure Type: End of Row/Townhouse
Construction Materials: HardiPlank Type
Outdoor Living Structures: Balcony, Enclosed, Porch(es), Screened
Community Pool
Additional Lot(s), Backs - Open Common Area, Backs to Trees, Cleared, Level, Landscaping
Tidal Water: N
Lot Size Source: Estimated
Land Assessed Value: $480,000
Finished Square Feet: 2100
Finished Square Feet Source: Estimated
Unfinished Square Feet: 400
Unfinished Square Feet Source: Estimated
Financial Details
County Tax: $5,443
County Tax Payment Frequency: Annually
City Town Tax: $2,079
City Town Tax Payment Frequency: Annually
Tax Assessed Value: $480,000
Tax Year: 2024
Tax Annual Amount: $7,523
Year Assessed: 2024
Utilities Details
Central Air
Cooling Type: Central A/C, Ceiling Fan(s)
Heating Type: Heat Pump(s)
Cooling Fuel: Electric
Heating Fuel: Electric
Hot Water: Electric
Sewer Septic: Public Sewer
Water Source: Public
Location Details
HOA/Condo/Coop Fee Includes: Common Area Maintenance, Lawn Maintenance, Management, Pier/Dock Maintenance, Pool(s), Reserve Funds, Snow Removal, Trash
HOA/Condo/Coop Amenities: Beach, Boat Dock/Slip, Boat Ramp, Common Grounds, Jog/Walk Path, Marina/Marina Club, Picnic Area, Pier/Dock, Pool - Outdoor
HOA Fee: $585
HOA Fee Frequency: Monthly
103 LANDING LN
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