127 ELKSIDE ROAD
About This Property
Wake up to sparkling water views and enjoy spectacular sunsets from your private waterfront retreat. Whether you're looking for a weekend getaway, vacation home, or year-round residence, this cozy cottage provides a peaceful setting where you can unwind and enjoy life on the water.
Step outside and embrace the waterfront lifestyle-boating, fishing, kayaking, or simply enjoying the tranquil views from your deck. With direct access to the river and a picturesque setting, this property is a rare opportunity to own a piece of Maryland's waterfront paradise.
Experience the charm, serenity, and endless recreational opportunities that make life on the Elk River so special. 125 and 127 Elkside are 2 separate parcels but are being sold as one, no exceptions. 127 Elkside is a perfect compliment to 125 Elkside for overflow guests and additional storage or as a waterfront rental. A short boat ride will connect one to the Chesapeake Bay, Susquehanna River, and North East River at Turkey Point. Properties are close proximity to Wilmington, Newark, Baltimore and Philadelphia.
Property being sold "as is".
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017