There's a reason people fall in love with Hillsmere. And at 104
Groh Lane, there's even more to love. Nestled within one of
Annapolis' most treasured waterfront communities, this beautifully
updated four-bedroom, three-bath residence offers approximately
2,300 square feet of inviting living space, a wonderful fenced
backyard and the kind of neighborhood lifestyle that makes coming
home something to look forward to. Step inside and discover a
home designed for comfortable everyday living and effortless
entertaining. Beautiful natural light, hardwood floors, inviting
gathering spaces and a welcoming fireplace create an atmosphere of
warmth and charm. The beautifully renovated kitchen is the heart of
the home, thoughtfully appointed with updated cabinetry, stainless
steel appliances and lovely finishes. Imagine preparing holiday
dinners, enjoying leisurely weekend breakfasts or gathering with
friends while dinner is underway. With three bedrooms and two
full baths on the main level, including the primary suite, the
floor plan offers exceptional convenience. The finished walk-out
lower level provides nearly 1,000 additional square feet of
versatile living space, complete with a fourth bedroom, full bath
and spacious recreation area. Whether hosting overnight guests,
enjoying football Sundays, creating a home office or designing the
perfect movie and game room, there's room for everyone to enjoy.
And then there's the backyard. Beautifully level, fully
fenced and framed by mature trees, this wonderful outdoor setting
invites summer barbecues, evenings with friends, gardening and
afternoons enjoying the fresh air. The spacious deck provides the
perfect place for outdoor dining, morning coffee or simply relaxing
at the end of the day. But the true magic of this property
extends well beyond its front door. Hillsmere Estates is a
community where the Annapolis lifestyle is part of everyday living.
Spend summer afternoons at the sandy community beach overlooking
the Chesapeake Bay, launch your kayak or boat, enjoy the community
pool or gather with neighbors for waterfront celebrations. With a
marina, boat ramps, waterfront pavilions and playgrounds, there's
always something to enjoy. Here, the neighborhood traditions
are just as special as the amenities. Fourth of July celebrations,
holiday festivities, oyster roasts, neighborhood gatherings and
evenings by the water create a wonderful sense of community. And
with the natural beauty of Quiet Waters Park nearby, walking
trails, outdoor recreation and peaceful surroundings are always
within easy reach. Just minutes from Historic Annapolis,
Eastport, City Dock, exceptional restaurants and shopping, the
location offers the perfect balance of neighborhood charm and
everyday convenience. Beautifully updated, thoughtfully
designed and surrounded by everything that makes Annapolis such a
special place to live, 104 Groh Lane offers more than a wonderful
home. It offers a lifestyle you'll love coming home to.
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.
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