1114 CHERRY POINT ROAD
About This Property
Don't miss this exclusive opportunity to own a premium waterfront property in the quaint town of West River, MD. With close proximity to Annapolis, Galesville, Edgewater, Shady Side and Deale, this brand-new, custom-built luxury home will be constructed to the highest standards of design and craftsmanship.
These exceptional waterfront lots offer easy access to the Chesapeake Bay, and the rare chance to build your dream home in one of the region's most sought-after coastal locations.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Oct 17, 2025 | Sold | ||
| Sold | |||
| Oct 14, 2025 | Listed by Realty Advantage of Maryland LLC | $1,800,000 | |
| Listed by Realty Advantage of Maryland LLC | |||
| Jul 11, 2025 | Sold | ||
| Sold | |||
| Jun 1, 2025 | In contract | - | |
| In contract | |||
| May 29, 2025 | Price Decreased |
$749,900
↓ $100K
(11.8%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017