50
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132 CECIL ROAD
About This Property
The home features three spacious bedrooms, including two conveniently located on the main level, and two and a half baths that balance timeless charm with comfortable everyday living. The upgraded kitchen offers quartz countertops, island with storage, stainless steel appliances, and overlooks the living room with vaulted ceilings. The sunroom is located on the other side of the kitchen, featuring new LVP flooring and plenty of natural light. Thoughtfully designed outdoor spaces invite year-round enjoyment, including a screened porch overlooking the fenced backyard, a recently stained second-level deck off the primary suite with views of Shipping Creek, and a custom stone fireplace with an adjoining BBQ area perfect for gathering with family and friends. Other exterior amenities include a freshly painted detached garage ideal for a workshop, gym, or additional storage, a separate storage shed, and a newly paved asphalt driveway.
Additionally, the home features a freshly painted exterior and matching detached garage, refinished hardwood floors, upgraded luxury vinyl plank flooring in the sunroom, fresh interior paint, a tankless water heater, new well pump, and crawlspace encapsulation.
Residents of Kent Island Estates enjoy an exceptional waterfront lifestyle with access to a community pier, public beach, private community beach, waterfront playground, and kayak and canoe launch, all within walking distance. Whether spending the day on the water, launching a kayak, or enjoying an evening by the fire, this community offers endless opportunities to experience the Chesapeake Bay.
Ideally situated on Kent Island, the property is a short drive to local shopping, dining, marinas, and entertainment. Commuters will appreciate easy access to Route 50 and the Chesapeake Bay Bridge, providing convenient connections to Annapolis, Baltimore, Washington, D.C., Kent Narrows, and Delaware beaches. Combining scenic water views, thoughtful updates, and sought-after community amenities, this inviting retreat offers the perfect setting for full-time living or a relaxing coastal escape. Schedule your tour today!
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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