105 EDELMAR DRIVE
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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%.
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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 18, 2024 | Sold | ||
| Sold | |||
| Mar 19, 2024 | In contract | - | |
| In contract | |||
| Mar 14, 2024 | Listed by Long & Foster Real Estate, Inc. | $500,000 | |
| Listed by Long & Foster Real Estate, Inc. | |||
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*Multiple offers have been received. Please submit best and final offers by Monday 3/18 at noon.*
Welcome to 105 Edelmar Court, a beautifully updated sanctuary nestled in Annapolis, Maryland. This inviting home stands out with its thoughtfully designed interiors and practical enhancements, offering a blend of comfort, style, and convenience. With 4 bedrooms, 2.5 bathrooms, and a series of recent renovations, this home is perfectly suited for those seeking quality living spaces within a vibrant, community-focused area. As you step inside, you'll immediately notice the meticulous attention to detail that has gone into updating this home. The kitchen, revamped in 2017, serves as the heart of the home, boasting new cabinets, quartz countertops, all-new appliances and gorgeous flooring that extends across the lower level. This amazing space sets the stage for gatherings and culinary adventures. The master suite, renovated in 2021, offers a serene escape with its fully updated bathroom featuring a custom walk-in shower with quartz accents. There is also new carpeting, enhanced closet storage solutions and an upstairs laundry area.
Significant upgrades such as a new HVAC system in 2021, ductless split units in the primary bedroom/family room, a new roof in 2019, and energy-efficient Pella windows and doors throughout the house underscore the home's blend of functionality and aesthetics. The addition of a cozy gas fireplace in the family room enriches the living experience, providing warmth and ambiance during the cooler months. Outside, the property offers a fully fenced backyard encouraging a tranquil escape from the bustle of everyday life. Enjoy summer barbeques, quiet mornings with a cup of coffee, or watching the stars by the fire pit on clear nights.
Primrose Acres is rich with amenities and conveniences. Just steps away, residents can enjoy the neighborhood playground, along with easy access to the Pip Moyer Recreation Center, Truxtun Tennis and Pickleball Courts, the Kenneth R. Dunn Municipal Pool, and more, all promising a fun and active lifestyle. The Clock Tower Place Shopping Center is also nearby, offering a variety of shops and amazing dining options. Located just minutes from downtown Annapolis, and with easy commutes to Baltimore and DC, your work and leisure options are vast and varied. Everything you need and more is right at your doorstep. Welcome home!
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| Nov 29, 2012 | Sold | ||
| Sold | |||
| Sep 7, 2012 | Listed by Coldwell Banker Realty | $294,900 | |
| Listed by Coldwell Banker Realty | |||
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About Annapolis
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017