111 ROUND BAY ROAD
About This Property
on nearly half an acre of beautifully landscaped gardens, including irrigation and lighting. The oversized lot, professionally landscaped and blooming with an abundance of perennials, offers great future potential for expansion.
The home greets you with a seamless open-concept floor plan ideal for hosting gatherings, accentuated by rich hardwood floors and two distinctive fireplaces that add a cozy warmth
and character. Architectural details abound, including elegant archways, custom built-ins, and a brand-new Pella front door that exudes charm and sophistication. The kitchen, a culinary enthusiast's
dream, recently underwent a renovation to include "Plain & Fancy" cabinetry and a premium Jenn Air
stainless steel refrigerator. A newly added wine bar enhances effortless entertaining.
The spacious primary bedroom suite serves as a private retreat, boasting a spa-like bath with a Kohler air jet tub, heated tile flooring, a separate glass shower, and a vast walk-in closet. French doors from the Primary bedroom and Dining room open to a serene backyard oasis, featuring a stone patio surrounded by custom-designed landscaping that erupts in bloom from early spring to late fall. Perfectly positioned evergreens create a private and secluded feel that is rarely found. This home is also equipped with a private exterior shower, a gardening shed with electric service, and a comprehensive security system.
Award-winning Severna Park School district, excellent private school, and secondary education options further increase the value of Round Bay's location. Experience the dream of the Chesapeake Bay lifestyle living in Round Bay. 111 Round Bay Road is a walk away from the water's edge and kayak racks, tennis courts, and the magnificent main beach and PICKLEBALL on the Severn River. Enjoy Summer Beach and sailing camps, Swim Team, swim lessons, tennis camps, community dinners, happy hours, dances, and more. Nature and health enthusiasts have access to a community walking path and the nearby Baltimore-Annapolis trail that leads to shopping and restaurants. Water enthusiasts will have access to 3 deep water beaches, two with their own pavilion, 3 deep water piers, Boat Slips, and moorings (confirm availability with community), kayak racks, and a boat ramp.
Conveniently located at Only 6 miles to Annapolis, 15 miles to Baltimore, and 25 miles to Washington DC.
Schedule your private tour today to experience the lifestyle that comes with this exceptional coastal retreat. Experience the magic of Chesapeake Lifestyle living in this extraordinary property. Tax records show the property is not in a flood zone. Ample elevation
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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 Severna Park
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017