130 KUETHE DRIVE
About This Property
Hillsmere Shores is a highly desirable community offering residents-only amenities, including a private beach and playground, a community pool (home to the Hillsmere Hammerheads swim team), and a large, modern marina. Adjacent to Quiet Waters Park, a 340-acre county park featuring scenic trails, water access, and gardens, the neighborhood is also home to Key School, a premier private educational institution. Governed by the Hillsmere Shores Improvement Association (HSIA), the community offers voluntary membership with annual dues of $25 (2025). Additionally, Hillsmere Shores is a County-approved Special Community Benefit District (SCBD), allowing property owners to collectively fund the maintenance of community-owned spaces through an annual tax assessment of $285 per taxable lot (2025).
This home seamlessly combines modern upgrades, coastal charm, and outstanding community amenities, making it a perfect place to enjoy the best of Annapolis waterfront living.
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| May 1, 2025 | Sold | ||
| Sold | |||
| Apr 8, 2025 | In contract | - | |
| In contract | |||
| Mar 17, 2025 | In contract | - | |
| In contract | |||
| Mar 13, 2025 | Listed by Redfin Corp | $599,000 | |
| Listed by Redfin Corp | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017