Open Sunday, November 1st! Experience the best of the Annapolis
lifestyle at 1610 Ridout Road, where beautifully updated interiors,
exceptional outdoor living, and coveted water access come together
in one inviting home. Inside, an open and comfortable floor plan is
designed for the way people actually live. The kitchen opens to a
sun-filled bar and dining area, where a sliding door provides
direct access to the backyard and creates an easy connection
between indoor and outdoor living. Two gas fireplaces, one in the
living room and another in the family room, bring warmth and
character to the main level, while the finished lower level
provides additional flexible living space and storage. Upstairs,
the spacious primary suite with an ensuite bath and three
additional bedrooms sharing a full hall bath, offer comfortable
space for family and guests. An attached two-car garage completes
the home's practical conveniences. Outside is where this property
truly distinguishes itself. Framed by lush landscaping, the
expansive, fully fenced backyard unfolds as a series of
thoughtfully created outdoor living spaces. The in-ground pool, hot
tub, generous patio space, and pergola-covered dining area area
designed for long summer days and effortless entertaining, while
the broad lawn offers plenty of room to play, garden, or simply
unwind. And the lifestyle extends well beyond the property line.
Amberley is one of the Broadneck Peninsula's sought-after
water-privileged communities, with three private community piers
along Whitehall and Ridout Creeks and 45 slips accommodating both
power and sailboats. Residents also enjoy a boat ramp, kayak and
paddleboard storage, and a launch pier for smaller watercraft. More
than 15 acres of community forest and open space, along with over 3
miles of paved roads and walking trails, contribute to Amberley's
peaceful, established character. Just minutes from Downtown
Annapolis, Broadneck schools, and convenient routes to Washington,
D.C., Baltimore, and the Eastern Shore, this private oasis offers
something increasingly difficult to find: space to spread out, a
backyard built for living, and easy access to the Chesapeake Bay
lifestyle.
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.
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