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Cape St. Claire 21409 Cape St. Claire
1159 PINE TREE DR
$485,000
● House - Off Market

1159 PINE TREE DR

ANNAPOLIS, MD 21409
bedrooms
4 Beds
bathrooms
3 Baths
square feet
1,360 Ft²
$2,466
Est. Monthly
$10
HOA / Fees
7.18%
Cap Rate

About This Property

Open House Saturday, Nov 23, 1-3 PM! Stop by or explore the online 3D tour! Welcome to 1159 Pine Tree Drive in Cape St Claire, Annapolis! This 4-bed, 3-bath split-level home on a landscaped corner lot offers spacious living with waterfront access. The main level features an open living/dining area, a roomy kitchen, and two bedrooms (potential for a 5th bedroom). The lower level boasts a rec room with a wood-burning fireplace, bar, two additional bedrooms, and full bath. Enjoy the large deck, patio, pond, and extra driveway for boat/RV storage. Cape St Claire amenities include private beaches, boat ramp, pier, trails, and playgrounds for just $10/year. Recent updates: new water heater (2023) and fresh paint.
Unit Size
1,360 Ft²
Days on Market
58 days
Land Size
0.22 acres
Price per sqft
$368
Property Type
House
Property Taxes
$404
HOA Dues
$10
Year Built
1972

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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.

Last updated: 2 years ago (Bright MLS #MDAA2098916)

Price History

Date / Event Date Event Price
Mar 7, 2025 Sold
Premium
Sold
Mar 5, 2025 In contract -
In contract
Nov 21, 2024 Listed by EXP Realty, LLC $500,000
Listed by EXP Realty, LLC
Feb 3, 2005 Sold
Premium
Sold
Apr 27, 2004 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 42
  • Exterior Walls Type: 25
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 756
  • Garage Type: 17
  • Garage Square Area: 300
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,732
  • Total Building Area: 1,360
  • Gross Building Area: 1,360
  • Building Area: 1,360
  • Building Area Measurement: T

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,116
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CAPE ST CLAIRE
  • Land Acres: 0000000223
  • Standard Land Use Code: 1001
  • County Land Use Code: R-A004
  • Legal Description 1: LT 48 BK L PL 2 1159 PINE TREE DR CAPE ST CLAIRE

Neighborhood

  • School District Name: Anne Arundel County Public Schools
  • Census Tract: 731003

Zoning

  • Zoning: R5

Geography

  • Assessors Map Reference: 40 6 25
  • Account Number: 16527820134
  • District: 03
  • Parcel: 03-165-27820134
  • Block: L
  • Lot: 48
  • Latitude: 39.0495
  • Longitude: -76.4392

    Address

  • Full Address: 1159 Pine Tree Dr
  • Address - House Number: 1159
  • Address - Street Name: Pine Tree
  • Address - Suffix Type: Dr
  • State: MD
  • City Name: Annapolis
  • Carrier Code: R006
  • 4-Digit Zip Code: 4810
  • Zip Code: 21409

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $408,790
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1605
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 79
  • Final Value: 527,943
  • High Value: 612,698
  • Low Value: 443,187

    Market Valuation

  • Market Total Value: $407,500
  • Market Land Value: $232,100
  • Market Improvement Value: $175,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $399,433

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Recording Date: Feb 03, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 1330
  • Previous Sale Recording Date: Apr 27, 2004
  • Previous Sale Amount: $304,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Cape St. Claire

Stats & Trends

Median Asking:

$565,000

Sale Price/ft²

$284

Below Asking

0.01%

Average Days on Market

40

Average Home Size

2084 ft²

Average Home Age

42.6 years

Currently For Sale

23 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 474 Fawns Walk, ANNAPOLIS, MD, 21409

$3,250 /mo

  • 3 Beds
  • 3 Baths
  • 2,344 ft²
474 Fawns Walk, ANNAPOLIS, MD, 21409 Listing by John J Collins
Unit for rent at 832 Stonehurst Court, ANNAPOLIS, MD, 21409

$3,275 /mo

  • 2 Beds
  • 3 Baths
  • 2,032 ft²
832 Stonehurst Court, ANNAPOLIS, MD, 21409 Listing by Natalie B Dickie
Unit for rent at 1623 Secretariat Drive, ANNAPOLIS, MD, 21409

$2,900 /mo

  • 3 Beds
  • 1 Bath
  • 1,218 ft²
1623 Secretariat Drive, ANNAPOLIS, MD, 21409 Listing by Chad J Robertson

Rentals Near You

Click here to view more rentals in the neighborhood.
Bright MLS

Listed by: Carlyn Lowery
EXP Realty, LLC
Last Updated: 6 hours ago
Data Source: Bright MLS , MLS# MDAA2098916
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.

Frequently Asked Questions

When was property at 1159 Pine Tree Drive built and last sold?
The property at 1159 Pine Tree Drive was built in 1972 and last sold on Jan 1, 1970 for $339,000.
How much is this home worth?
The estimated value of the home located at 1159 Pine Tree Drive is $0.
What are some comparable homes to 1159 Pine Tree Drive?
There are currently no comparable homes to 1159 Pine Tree Drive.
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