108 HUSE DRIVE
About This Property
Welcoming rancher in water-privileged Hillsmere Shores, set on a sunny, impeccably landscaped lot just a few blocks from the beach. This beauty offers an unexpectedly spacious layout with a desirable open floor plan, a bright year-round sunroom, a versatile bonus room on the lower level, and updates that are tasteful, timeless and thoughtfully executed.
Located in one of Annapolis's most sought-after waterfront communities, Hillsmere Shores isn't just a place to live-it's a lifestyle. Neighbors enjoy sunset beach picnics, gathering at the community pool, launching kayacks and paddleboards from one of several private marinas, and weekends are spent exploring the Chesapeake Bay from the community boat ramp.
Just seconds from these amenities, this warm and welcoming home provides the perfect backdrop for every season-from cozy holiday gatherings by the fire, to summer crab feasts on the back deck. A rare opportunity to enjoy classic Annapolis living.
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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.
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About Hillsmere Shores
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$5,500 /mo
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$3,000 /mo
- 2 Beds
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017