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About This Property
The spacious primary suite enjoys its own private wing, with a large walk-in closet and an equally generous bath featuring two vanities, a separate shower and a stylish soaking tub. Two additional bedrooms feature en suite baths, with two more bedrooms completing the home's impressive five-bedroom layout. A large second-floor laundry room adds everyday convenience. Upstairs, a spacious family/rec room offers even more flexibility-perfect as a second gathering space, playroom, home gym or a combination of all three.
At the heart of the home is a large chef's kitchen, thoughtfully designed with marble countertops, GE Monogram appliances, including dual ovens and a six-burner gas range with griddle, abundant storage and space for casual eat-in dining. A walk-in pantry of your dreams completes the space, with an additional refrigerator and tons of storage to keep everything effortlessly organized. The kitchen opens to a substantial dining area, while the inviting living room is anchored by a gas fireplace. Built-in shutters add another layer of character and thoughtful detail throughout.
From the main living spaces, step out to one of the home's best features: a luxurious screened porch overlooking the serene, private backyard. Thoughtful additions make the most of life near the water, including an outdoor shower and a spacious mudroom just off the two-car garage, complete with built-in cubbies for everything that comes along with days spent at the beach and pool. Solar panels with battery backup add another layer of efficiency and convenience.
And then there is Bay Ridge. You're just steps from the Chesapeake Bay beaches and only two streets from the beloved Bay Ridge pool and clubhouse overlooking the Bay. Enjoy miles of shoreline, explore the Big Woods, dock your boat at the community marina, or head to the playground, clubhouse or softball field. Year-round events and traditions bring neighbors together throughout the seasons. It's a lifestyle that makes Bay Ridge one of Annapolis's most beloved waterfront communities.
Impeccably cared for and designed for comfortable everyday living, this home offers a wonderful combination of space, privacy, outdoor living and the unmistakable Bay Ridge lifestyle.
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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.
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About Annapolis Neck
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017