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1309 SALEM RUN
About This Property
As you step inside, you'll be greeted by refinished hardwood flooring (2020) that flows throughout the main living areas, creating warmth and cohesion from room to room. The foyer opens to dramatic ceiling heights and elegant architectural elements, including a sweeping staircase with modern metal balusters and railing updated in 2020. Expansive windows flood the main level with abundant natural light, creating a bright and airy atmosphere.
At the heart of the home, the gourmet kitchen impresses with a spacious center island that functions as both a breakfast bar and prep area. Ample cabinetry, elegant trim details, upgraded countertops, stainless steel appliances, double wall oven, and gas range contribute to the kitchen's upscale appeal. Fully renovated in 2020, the kitchen opens to a vaulted breakfast nook with scenic outdoor views and flows seamlessly into the spacious living room anchored by a cozy fireplace. The main level also includes a formal dining room, private office with sliding glass doors to the rear patio, a versatile sitting room, and a completely updated powder room (2020).
Upstairs, the expansive primary suite provides a private retreat with custom-built closet cabinetry (2022) for exceptional organization and storage. The en-suite bath features a soaking tub, walk-in shower, dual vanity, and new fixtures and lighting (2026). An adjoining sunlit den adds versatility as a home office, study, or lounge space. Three additional generously sized bedrooms and a fully renovated guest bath (2024) complete this level.
The recently updated lower level offers exceptional flexibility, featuring a large entertainment space with a newly added home theater on luxury flooring (2023), wet bar with mini refrigerator, second fireplace, and sauna for relaxation and wellness. This level also includes a fifth bedroom and a full bath updated in 2024 with modern fixtures and finishes. The laundry area features a newer washer and dryer (2022).
The property includes a detached three-car garage offering remarkable versatility, complete with a full bathroom and mini-split HVAC system-ideal for a workshop, home gym, or flexible living space. The professionally landscaped yard is supported by a full irrigation system for easy maintenance, while extensive hardscaping enhances the outdoor experience. Two patio areas, one featuring a fire pit, and two deck spaces connect seamlessly to the main living areas of the home. The outdoor entertainment experience is elevated by a two-zone 10-speaker outdoor audio system with 2 subwoofers. The entire property benefits from a whole-home WiFi system, including exterior wireless access points covering the yard and garage.
Conveniently located just 25 minutes from Annapolis, 35 minutes from Baltimore, and 45 minutes from DC, this home offers the perfect balance of peaceful suburban living with easy access to major employment centers and urban amenities.
Thoughtfully designed and exceptionally maintained, 1309 Salem Run offers a harmonious balance of elegance, comfort, and livability.
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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%.
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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.
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About Anne Arundel
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017