$695,000
●
House -
Off Market
1518 WEBSTER PL
EDGEWATER, MD 21037
4 Beds
4 Baths,
1
Half Bath
2,160 Ft²
$704,525
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model
About This Property
Non-riparian waterfront located across the street from the water
with wonderful views from all three levels. New
Construction with above average finishes and charming design
features. Quality built by Vintage Homes. Stone
countertops and tile blacksplash in kitchen with eat-in area and
sliders to rear. Two balconies on the water side.
Shiplap wall in family room, two gas fireplaces.
laundry room on the bedroom level, beautiful custom tile
bathrooms. Community offers multiple beaches, boat
ramps, docks, boat slips per availability and playgrounds.
This home listed and sold simultaneously.
Unit Size
2,160 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$322
Property Type
House
Property Taxes
$113
HOA Dues
-
Year Built
2022
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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 #MDAA2025720)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 5, 2022 | Listed by Lofgren-Sargent Real Estate | $695,000 | |
| Listed by Lofgren-Sargent Real Estate | |||
| Mar 17, 2022 | Sold | ||
| Sold | |||
| Apr 27, 2021 | Sold | ||
| Sold | |||
| Mar 26, 2021 | Sold | ||
| Sold | |||
| Aug 27, 2019 | Listed by Lofgren-Sargent Real Estate | $150,000 | |
| Listed by Lofgren-Sargent Real Estate | |||
| | |||
|
Wonderful water views of Almshouse Creek! 40x100 lot. Great opportunity to build in a water privileged community with amenities that include multiple marinas, playgrounds, beaches and boat ramp. Launch your kayaks and paddle boards across the street! Head out by boat and be in the South River or Chesapeake Bay in no time. Close to schools, shopping and restaurants. Quick 10 minute commute to Annapolis and close to rt 50 and 97 for commuting to DC and Baltimore areas.
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Property Highlights
Air Conditioning
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Baths
ft²
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About Londontowne
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Listed by: Arian Lucas
Lofgren-Sargent Real Estate
Last Updated: 0 hours ago
Data Source: Bright MLS , MLS# MDAA2025720
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: 0 hours ago
Data Source: Bright MLS , MLS# MDAA2025720
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