15701 BALD EAGLE SCHOOL ROAD
About This Property
Ideal for equestrian enthusiasts, hobby farmers, outdoor recreation, homesteading, or creating a private family estate, this expansive property offers endless possibilities for horses, trails, barns, vineyards, agritourism, or a luxury rural retreat. Surrounded by the natural beauty and charm that make Southern Maryland increasingly sought after, the property is just minutes from Cedarville State Forest, with miles of hiking, horseback riding, biking, camping, and fishing. Enjoy nearby wineries, local farms, and the growing farm-to-table culture that defines the area's unique lifestyle appeal. Whether you are seeking a weekend escape, multigenerational compound, recreational property, or long-term land investment, this exceptional acreage offers privacy, freedom, and the opportunity to build a true legacy property in one of the DMV's fastest-growing rural luxury markets.
Extensive recent updates and maintenance provide added peace of mind, including a new roof (2025), new HVAC system (2025), new hot water heater (2025), whole-house electrical upgrade (2025), new pool pump (2025), new Polaris pool cleaning system (2025), freshly sealed driveway (2025), and septic tank emptied and cleaned (2024).
Buyer to perform their own due diligence regarding land use, zoning, utilities, permits, and future development potential. In USDA loan eligibility area according to USDA site.
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 21, 2026 | Sold | ||
| Sold | |||
| Sep 25, 2026 | In contract | - | |
| In contract | |||
| Sep 7, 2026 | Price Decreased |
$879,900
↓ $20K
(2.2%) | |
| Price Decreased | |||
| Jun 23, 2026 | Listed by Compass | $899,900 | |
| Listed by Compass | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017