120 FORT POINT RD
About This Property
Step inside and feel the warmth and charm that radiates throughout. The highlight of the home is undoubtedly the enchanting 3-season room, where you can immerse yourself in the beauty of the water views and the natural wonders that surround the property. It serves as the perfect retreat to relax, unwind, and soak in the tranquility of the surroundings. The primary bedroom offers a spacious sitting area, allowing you to enjoy the serene water views from the comfort of your own private sanctuary.
Centreville is a town steeped in history, and this home enjoys a prime location just outside its historic center. Experience the best of both worlds, with the convenience of nearby shopping, vibrant bars, and delectable restaurants, while still being able to retreat to the peacefulness of your own oasis. The town Wharf, complete with a boat ramp, playground, and picnic area, offers endless opportunities for outdoor recreation and quality time with loved ones. Additionally, the soon-to-be-complete state-of-the-art YMCA will provide residents with access to top-notch fitness facilities and programs, ensuring a healthy and active lifestyle.
Located just 30 miles from Annapolis, 30 miles from Saint Michaels and less than 2 hours to Fenwick Island, you have the opportunity to enjoy coastal living, indulge in waterfront dining, and discover a wealth of boutique shops and historic landmarks.
Whether you're seeking a peaceful escape surrounded by pastoral views, a variety of tree species, a tranquil pond, and inviting woodland trails, or the convenience of nearby amenities and attractions, 120 Fort Point Road in Centreville is a truly remarkable place to call home. Don't miss the chance to experience the best that Maryland has to offer in this serene and captivating property.
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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 |
|---|---|---|---|
| Sep 8, 2023 | Sold | ||
| Sold | |||
| Aug 7, 2023 | In contract | - | |
| In contract | |||
| Jul 27, 2023 | Listed by Engel & Volkers Annapolis | $799,000 | |
| Listed by Engel & Volkers Annapolis | |||
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About Queen Anne's
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017