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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 17, 2026 | Sold | ||
| Sold | |||
| Feb 12, 2026 | In contract | - | |
| In contract | |||
| Feb 5, 2026 | Listed by Berkshire Hathaway HomeServices PenFed Realty | $3,950,000 | |
| Listed by Berkshire Hathaway HomeServices PenFed Realty | |||
| Apr 6, 2023 | Sold | ||
| Sold | |||
| Jul 1, 2022 | Listed by Long & Foster Real Estate, Inc. | $3,495,000 | |
| Listed by Long & Foster Real Estate, Inc. | |||
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Live like you are on vacation! Your coastal waterfront dream home awaits in the coveted neighborhood of Linstead on the Severn. Built in 2012 by Baldwin Homes this custom home won home of the year! Splendid views greet you as you enter the arched double doorway. Large open spaces for friends and family to mingle all looking over the incredible views. The main level features a stunning great room with coffered ceiling, wet bar and floor to ceiling stone gas fireplace. The gourmet kitchen has custom cabinetry, granite countertops and professional grade appliances. A covered porch with an outdoor kitchen is the ideal spot to enjoy the splendid sunsets. The three finished levels offer endless possibilities for multi-generational living. An elevator shaft was pre-plumbed in the design of the home for later installation if desired. There is a main level bedroom and full bath for your guests. The upper level has five bedrooms all en-suite and the Primary bedroom has a fireplace, sitting area, double walk-in closets and private sun deck. The laundry room is conveniently located on this level. The lower level consists of an entertainer's dream space, recreation room with billiard table, wine closet, built in countertops, bar area, theater room, game area and a bedroom and full bath. The waterfront is 100 feet and 5 ft. M.L.W The boat house, pier and four lifts are on a protected cove directly off the Severn. Paddle boarding and kayaking are a dream in this alcove, and you are just a short distance by boat to downtown Annapolis. Linstead on the Severn residents enjoy four private beaches, numerous activities, a firepit, pavilion, pier and playground. Snug securely within walking distance to downtown Severna Park, shops, gyms, library, and restaurants. Come, see, and stay a lifetime.
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About Severna Park
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017