$390,000
●
House -
Off Market
136 WASHINGTON RD
EDGEWATER, MD 21037
2 Beds
1 Bath
988 Ft²
$1,842
Est. Monthly
About This Property
*BACK ON MARKET!* Buyer's financing fell through. OFFER DEADLINE:
Monday, March 11th by 3pm. Lovely home located in the
water-privileged community of South River Park! Enjoy one level
living in this two-bedroom/one bath Rancher style home. Bright &
open living and dining areas, spacious attic for storage, a fully
fenced backyard on a corner lot; great for cookouts and gatherings
with friends and family! Enjoy all of the benefits of living along
the shorelines of the South River by way of Warehouse Creek where
the community of South River Park offers their many water-life
amenities to include: two crabbing and fishing piers, boat slips, a
boat launch ramp, community park and beach front, community
clubhouse for special events and celebrations, and various
community-maintained landscape gardens. This home is mere steps to
Edgewater Elementary School and the Edgewater Sports and Recreation
Fields! Excellent location for commuting with easy access to Rt 50
and 97, tons of shopping options, restaurants, doctors/medical
needs, the Edgewater Library and South River Schools!
Unit Size
988 Ft²
Days on Market
49 days
Land Size
0.25 acres
Price per sqft
$380
Property Type
House
Property Taxes
$202
HOA Dues
-
Year Built
1956
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 3 years ago (Bright MLS #MDAA2076642)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 30, 2024 | Sold | ||
| Sold | |||
| Mar 13, 2024 | In contract | - | |
| In contract | |||
| Mar 7, 2024 | Relisted | $375,000 | |
| Relisted | |||
| Feb 7, 2024 | In contract | - | |
| In contract | |||
| Feb 2, 2024 | Listed by Lofgren-Sargent Real Estate | $375,000 | |
| Listed by Lofgren-Sargent Real Estate | |||
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Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Londontowne
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Listed by: Arian Lucas
Lofgren-Sargent Real Estate
Last Updated: 2 hours ago
Data Source: Bright MLS , MLS# MDAA2076642
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.
Lofgren-Sargent Real Estate
Last Updated: 2 hours ago
Data Source: Bright MLS , MLS# MDAA2076642
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