12
Map
$107,000
●
House -
Off Market
1451 SHADY REST ROAD
SHADY SIDE, MD 20764
3 Beds
1 Bath
$707
Est. Monthly
About This Property
Rare opportunity in Shady Side on 1.58 acres, just minutes from the
Chesapeake Bay.
1451 Shady Rest Rd features a partially built home.. The groundwork is in place, and the next owner can bring their own vision to life. The property includes a permitted 3-bedroom septic system and a working well, giving you a strong starting point for a new build. This desirable South County area is seeing many buyers turn older or unfinished homes into custom retreats. The lot is ideal for anyone looking to build, finish a project, or own land close to the Bay lifestyle. This is a short sale being handled by a professional short sale team. Property is sold strictly as-is. All showings must be scheduled in advance and accompanied by a licensed agent. No unauthorized entry or walking the property. FEASIBILITY STUDY: Buyers will be allowed a 30-day feasibility period, including well and septic inspections. Buyers may request all existing documentation, including information on the well, septic, blueprints, and permits.
1451 Shady Rest Rd features a partially built home.. The groundwork is in place, and the next owner can bring their own vision to life. The property includes a permitted 3-bedroom septic system and a working well, giving you a strong starting point for a new build. This desirable South County area is seeing many buyers turn older or unfinished homes into custom retreats. The lot is ideal for anyone looking to build, finish a project, or own land close to the Bay lifestyle. This is a short sale being handled by a professional short sale team. Property is sold strictly as-is. All showings must be scheduled in advance and accompanied by a licensed agent. No unauthorized entry or walking the property. FEASIBILITY STUDY: Buyers will be allowed a 30-day feasibility period, including well and septic inspections. Buyers may request all existing documentation, including information on the well, septic, blueprints, and permits.
Unit Size
-
Days on Market
-
Land Size
1.58 acres
Price per sqft
-
Property Type
House
Property Taxes
$220
HOA Dues
-
Year Built
1964
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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: 2 months ago (Bright MLS #MDAA2132634)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 21, 2026 | Sold | ||
| Sold | |||
| Jan 14, 2026 | In contract | - | |
| In contract | |||
| Jan 5, 2026 | Price Decreased |
$99,000
↓ $60K
(37.7%) | |
| Price Decreased | |||
| Dec 8, 2025 | Listed by EXP Realty, LLC | $159,000 | |
| Listed by EXP Realty, LLC | |||
| Oct 8, 2021 | No longer available | - | |
| No longer available | |||
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Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Baths
ft²
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HOA + Taxes
About Shady Side
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Listed by: Teal Clise
EXP Realty, LLC
Last Updated: 9 hours ago
Data Source: Bright MLS , MLS# MDAA2132634
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.
EXP Realty, LLC
Last Updated: 9 hours ago
Data Source: Bright MLS , MLS# MDAA2132634
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017