$899,800
●
House -
Off Market
1261 MAYO RIDGE ROAD
EDGEWATER, MD 21037
6 Beds
5 Baths,
1
Half Bath
4,371 Ft²
$4,650
Est. Monthly
$38
HOA / Fees
4.07%
Cap Rate
About This Property
Move in ready and stunning. New home in ideal Edgewater
location. This home is loaded with features you can't find
anywhere else. With 6 bedrooms, 5 ½ bathrooms, finished 3rd
floor with loft and full bathroom, finished walk up basement with
rec room, bedroom and full bathroom, oversized 2nd floor laundry
room with built ins and sink, mudroom, open floor plan with huge 4
panel sliding glass doors, large deck, covered front porch, gas
fireplace and 4,371 finished sqft this home is a must see.
Luxury appoints include, LVP in all living areas, upgraded cabinets, quartz countertops, high end ceramic tile in all bathrooms, owners bath includes a frameless shower wall, freestanding soaker tub, all upgraded black hardware and fixtures, and even a high end paver driveway.
Luxury appoints include, LVP in all living areas, upgraded cabinets, quartz countertops, high end ceramic tile in all bathrooms, owners bath includes a frameless shower wall, freestanding soaker tub, all upgraded black hardware and fixtures, and even a high end paver driveway.
Unit Size
4,371 Ft²
Days on Market
-
Land Size
0.42 acres
Price per sqft
$206
Property Type
House
Property Taxes
$194
HOA Dues
$38
Year Built
-
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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: 10 months ago (Bright MLS #MDAA2126988)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 28, 2025 | Sold | ||
| Sold | |||
| Nov 28, 2025 | In contract | - | |
| In contract | |||
| Nov 5, 2025 | Price Decreased |
$899,800
↓ $50K
(5.3%) | |
| Price Decreased | |||
| Oct 16, 2025 | Price Decreased |
$949,800
↓ $40K
(4.1%) | |
| Price Decreased | |||
| Sep 25, 2025 | Listed by Long & Foster Real Estate, Inc. | $989,900 | |
| Listed by Long & Foster Real Estate, Inc. | |||
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
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Baths
ft²
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HOA + Taxes
About Mayo
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Listed by: Michael J Muren
Long & Foster Real Estate, Inc.
Last Updated: 5 hours ago
Data Source: Bright MLS , MLS# MDAA2126988
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.
Long & Foster Real Estate, Inc.
Last Updated: 5 hours ago
Data Source: Bright MLS , MLS# MDAA2126988
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