1641 MIDLAND ROAD
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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.
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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 |
|---|---|---|---|
| Jul 12, 2024 | Sold | ||
| Sold | |||
| Jun 14, 2024 | In contract | - | |
| In contract | |||
| Jun 8, 2024 | Listed by RE/MAX Leading Edge | $739,000 | |
| Listed by RE/MAX Leading Edge | |||
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(Professional Photography is coming soon; the home will be done by June 10. Sod to be installed .)Welcome to your dream home—a brand new Colonial-style masterpiece offering over 3,000 square feet of luxurious living space. This residence epitomizes elegance and comfort, boasting an open-concept design that blends style and functionality.
Upon entering, you'll be captivated by the designer finishes that adorn every corner, including stunning flooring throughout the top two levels and soaring 9-foot ceilings that enhance the spaciousness of the main living areas. The heart of the home is the gourmet kitchen, which flows effortlessly into the family room. It features exquisite craftsman-style cabinetry, sleek stone countertops, a central island, and a premium appliance package, making it a chef's paradise.
The expansive primary suite is a private sanctuary with a lavish en-suite bathroom and a generous walk-in closet. Each of the additional four bedrooms is generously sized, ensuring comfort and privacy for everyone. The convenience of an upstairs laundry room adds to the thoughtful layout of this home.
The fully finished lower level is an entertainer's delight, featuring a versatile recreational room, a fifth bedroom, and a full bathroom—ideal for guests or in-laws. Outdoor living is equally impressive, with an expansive deck perfect for entertaining or relaxing.
Located just a block from one of the community's five sandy beaches, this water-oriented neighborhood offers a plethora of amenities, including boat slips, fishing piers, kayak storage, boat ramps, waterfront playgrounds, and sandy beaches—all without the hassle of an HOA. Enjoy the serenity of coastal living while being just 30 minutes from Washington D.C. and Baltimore and minutes from historic Annapolis, renowned for its Chesapeake Bay charm, shops, and restaurants.
Don't miss this opportunity to own a piece of paradise. Call now to schedule your private tour and experience this home's unparalleled luxury and lifestyle.
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| Mar 24, 2023 | Sold | ||
| Sold | |||
| Jun 10, 2020 | Sold | ||
| Sold | |||
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About Londontowne
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017