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1109 BANCROFT AVENUE
About This Property
If you love the charm of Colonial Beach cottages, this one is hard to beat. Located just two blocks from Monroe Bay and two blocks from the Potomac River, this 2-bedroom, 2-bath home sits right in the heart of the Point neighborhood, where golf carts, beach days, and evening walks by the water are part of everyday life.
The home welcomes you with an enclosed four-season porch, a great spot to enjoy your morning coffee or unwind after a day on the water. Inside, the living and dining areas flow together comfortably, creating an easy space for everyday living or gathering with friends. The cottage kitchen with breakfast nook keeps the home's classic character, while the additional living space just off the kitchen offers flexibility for an office, studio, or extra sitting area.
The primary bedroom includes its own attached bath, and throughout the home you'll find charming vintage details-crystal door handles, a porcelain sink, and a clawfoot tub-that give the house its timeless cottage feel.
Out back is where this property really shines. The expansive screened-in deck creates a perfect outdoor living space for entertaining, dining, or simply relaxing with friends and family. The large, flat fenced yard spans two lots, offering room to spread out along with multiple storage sheds for beach gear, bikes, and tools. You'll even catch a peek of Monroe Bay from the yard.
Living on The Point means you're just minutes from the boardwalk, beaches, restaurants, boutiques, and waterfront sunsets that make Colonial Beach such a special place to call home.
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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 |
|---|---|---|---|
| Aug 28, 2026 | Sold | ||
| Sold | |||
| Jul 23, 2026 | In contract | - | |
| In contract | |||
| Jun 11, 2026 | Price Decreased |
$384,999
↓ $15K
(3.7%) | |
| Price Decreased | |||
| Apr 3, 2026 | Listed by Coldwell Banker Elite | $399,900 | |
| Listed by Coldwell Banker Elite | |||
| Oct 31, 2025 | Price Decreased |
$394,900
↓ $5K
(1.3%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017