1545 WAKEFIELD ROAD
About This Property
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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%.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 24, 2026 | Sold | ||
| Sold | |||
| Mar 23, 2026 | In contract | - | |
| In contract | |||
| Mar 20, 2026 | Listed by Compass | $675,000 | |
| Listed by Compass | |||
| | |||
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PROFESSIONAL PHOTOS 3/25
Welcome to 1545 Wakefield Road, a beautifully updated gem in the highly sought-after, water-privileged community of Saunders Point in Edgewater. This light-filled home, with gleaming hardwood floors throughout, offers the perfect blend of modern updates, serene surroundings, and outdoor adventure.
Step inside to discover an updated kitchen that will inspire your inner chef, a cozy family room with a fireplace for relaxing evenings, and a charming screened-in porch—ideal for savoring your morning coffee or unwinding as the sun sets. This home is designed for comfort and effortless living, with fresh paint, a newer HVAC system, washer and dryer, microwave, and water filter system—fully move-in ready. Outside, the magic continues. Saunders Point boasts incredible amenities, including a private beach, water access to both the Chesapeake Bay and South River, a playground, and basketball courts. Nature lovers will revel in the close proximity to Triton Beverly Nature Park and Mayo Beach Park, both just a short stroll away. And when you're ready for a night out, local restaurants and shops are conveniently nearby, offering the best of both tranquility and community. This is more than just a house—it’s the lifestyle you’ve been dreaming of. Don’t miss the chance to call this stunning property home!
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| Jun 14, 2021 | Sold | ||
| Sold | |||
| Jun 1, 2021 | Listed by Non Subscribing Office | $545,000 | |
| Listed by Non Subscribing Office | |||
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About Mayo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017