1296 CROSSOVER DRIVE
About This Property
Hardwood floors span the main level and extend into portions of the upper level, and the home features inviting front and back porch spaces that expand your living and entertaining options. The kitchen is generous in size and has been updated with upgraded counters, a range hood, pantry, and stainless steel appliances, including an induction cooktop.
Upstairs, you'll find three spacious bedrooms plus bonus space that easily flexes for a home office, gym, or additional living area. The oversized closet space adjoining the primary suite could also be converted into a nursery or fourth bedroom. The finished walk-out lower level adds even more room to spread out, complete with a full bath, game space, and a cozy fireplace, plus additional flexible space ideal for a potential 4th or 5th bedroom setup.
Out back is your private play space. A large, fully fenced yard with pear and apple trees, plus a deck and screened porch with skylights, sets the stage for relaxed everyday living and unforgettable gatherings. Top it all off with a hot tub and sauna, and you have a backyard retreat you will use year-round.
Major improvements include a new roof (Dec 2025), deck replacement (approx. 2023), and water softener replacement (approx. 2025). Additional features include 3-zone heat pumps, a radon system, and an oversized drive-through garage with a 30A plug suitable for an RV, plus access straight through to the backyard.
Rare for the area, the oversized driveway fits up to 6 cars and offers plenty of room to park your boat, RV, and larger equipment. Ask about conveyances, including wall-mounted TVs, pool table, and select porch and patio furniture.
Perfectly positioned in Edgewater's West Shore community, this home puts you close to some of the area's best Chesapeake Bay experiences, with easy access to the waterways that make this community so special. Spend weekends at Mayo Beach Park at the mouth of the South River, or explore the trails and shoreline at Beverly Triton Nature Park for boating, fishing, crabbing, and quiet coastal scenery. When you are ready to head out, enjoy waterfront dining, visit historic London Town and Gardens on the South River, and do not miss a meal at local favorite Old Stein Inn. All of it is just minutes from Annapolis and within easy reach of Washington, DC and Baltimore. Welcome Home!
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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