$237,500
●
House -
Off Market
1263 STEAMBOAT ROAD
SHADY SIDE, MD 20764
2 Beds
1 Bath
920 Ft²
$339,049
RealtyHop Estimate
41.33%
Since Jun 1, 2020
National-US
Primary Model
About This Property
This wonderful, TURN-KEY, water-privileged home in Avalon Shores
could be yours! The home features an updated living room and
kitchen with wood cabinets and granite countertops. There is a
den/bonus room off the rear that could be used as a third bedroom
if needed. There is a wrap-around deck off the rear of the house
and a large shed in the backyard (with electric!) for plenty of
extra storage. Recent upgrades include fresh paint, new Chimney
AirStone in the living room, newer roof, recessed lighting, and
closet shelving. Avalon Shores is a water-privileged community that
offers a sandy beach with a swimming platform and sea nettle nets.
It also offers a community field, playground area, a gated boat
ramp and pier, picnic tables and a fishing pier. What is there not
to love about this house and community! Great opportunity to own
for less than you'd be renting for!
Unit Size
920 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$261
Property Type
House
Property Taxes
$198
HOA Dues
-
Year Built
1955
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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: 7 months ago (Bright MLS #MDAA426144)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 29, 2020 | Sold | ||
| Sold | |||
| May 22, 2020 | Sold | ||
| Sold | |||
| Mar 11, 2020 | Listed by RE/MAX Leading Edge | $239,900 | |
| Listed by RE/MAX Leading Edge | |||
| May 14, 2018 | Sold | ||
| Sold | |||
| Jan 25, 2018 | Listed by Coldwell Banker Realty | $214,000 | |
| Listed by Coldwell Banker Realty | |||
| | |||
|
Newly updated home. Fresh paint and carpet. Updated kitchen with granite and breakfast area. Great chance to own in a water access community with no HOA. Family room/den could easily be used as 3rd bedroom.. Large shed. New roof. Flue ready for your wood/pellet stove. Enjoy a nice spring night or summer cookout on your deck and big back yard. Own for less than rent.
| |||
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Property Highlights
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Shady Side
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Listed by: Natalie Chamberlain
RE/MAX Leading Edge
Last Updated: 8 hours ago
Data Source: Bright MLS , MLS# MDAA426144
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.
RE/MAX Leading Edge
Last Updated: 8 hours ago
Data Source: Bright MLS , MLS# MDAA426144
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