$620,000
●
House -
Off Market
1615 ARUNDEL RD
EDGEWATER, MD 21037
4 Beds
4 Baths,
1
Half Bath
2,420 Ft²
$619,768
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model
About This Property
BACK ON THE MARKET...Assumable VA Loan at below market
rate...Beautiful 4-BR, 3.5 BA home (built in 2010) in
water-oriented Woodland Beach neighborhood. The Main Level features
a spacious kitchen with large island and big pantry that opens to
dining/family room area. The Sellers added a 16'x12' (approx) Sun
Room overlooking the backyard in 2020 for further enjoyment of the
living space. Ample off-street parking with a one-car garage
and room for more cars on the driveway. Garage has room for storage
in addition to housing a vehicle.
The Primary Bedroom is on the second level along with the other bedrooms. The Washer and Dryer are on the bedroom level for added convenience. The third level could be used as another Primary Suite or Office, Rec Room, Crafts Room; many possible uses.
The Primary Bedroom is on the second level along with the other bedrooms. The Washer and Dryer are on the bedroom level for added convenience. The third level could be used as another Primary Suite or Office, Rec Room, Crafts Room; many possible uses.
Unit Size
2,420 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$254
Property Type
House
Property Taxes
$362
HOA Dues
-
Year Built
2010
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Cap Rate Calculator
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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 #MDAA2056570)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 5, 2023 | Sold | ||
| Sold | |||
| Apr 24, 2023 | In contract | - | |
| In contract | |||
| Apr 23, 2023 | Relisted | $615,000 | |
| Relisted | |||
| Apr 16, 2023 | In contract | - | |
| In contract | |||
| Apr 10, 2023 | Listed by Lofgren-Sargent Real Estate | $615,000 | |
| Listed by Lofgren-Sargent Real Estate | |||
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
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Sold On
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About Londontowne
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Listed by: Gina White
Lofgren-Sargent Real Estate
Last Updated: 9 hours ago
Data Source: Bright MLS , MLS# MDAA2056570
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: 9 hours ago
Data Source: Bright MLS , MLS# MDAA2056570
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