53
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Video Tour
$633,000
●
House -
Off Market
1718 MILLSTONE DRIVE
EDGEWATER, MD 21037
4 Beds
2 Baths,
1
Half Bath
2,231 Ft²
$3,666
Est. Monthly
About This Property
Welcome to Woodland Beach - enjoy the chesapeake Bay lifestyle with
wonderful water priviledges - 1718 Millstone Drive, a
well-maintained newer home built in 2022 offering 4 bedrooms, 2.5
baths, and approximately 2,231 finished square feet. The
open-concept main level features 9-foot ceilings, luxury vinyl
plank flooring, and abundant natural light. The kitchen includes
soft-close cabinetry, granite countertops, and Whirlpool
appliances, opening to the living and dining areas with a
direct-vent propane fireplace and backyard access. Fully fenced
private backyard.
The upper level offers a primary bedroom with walk-in closet and private bath featuring a tiled walk-in shower, custom glass enclosure, and double vanity. Three additional bedrooms, a full hall bath, and a conveniently located laundry area complete the level. Additional features include a tankless propane water heater, water filtration and softener system, attached side-load garage, fenced yard, and exterior lighting. Located in the Woodland Beach water-privileged community with easy access to major routes, nearby waterfront areas, shopping, and dining.
The upper level offers a primary bedroom with walk-in closet and private bath featuring a tiled walk-in shower, custom glass enclosure, and double vanity. Three additional bedrooms, a full hall bath, and a conveniently located laundry area complete the level. Additional features include a tankless propane water heater, water filtration and softener system, attached side-load garage, fenced yard, and exterior lighting. Located in the Woodland Beach water-privileged community with easy access to major routes, nearby waterfront areas, shopping, and dining.
Unit Size
2,231 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$289
Property Type
House
Property Taxes
$498
HOA Dues
-
Year Built
2022
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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: 2 months ago (Bright MLS #MDAA2132266)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 21, 2026 | Sold | ||
| Sold | |||
| Mar 21, 2026 | In contract | - | |
| In contract | |||
| Mar 9, 2026 | Price Decreased |
$645,000
↓ $15K
(2.3%) | |
| Price Decreased | |||
| Feb 12, 2026 | Price Decreased |
$660,000
↓ $20K
(2.9%) | |
| Price Decreased | |||
| Jan 15, 2026 | Listed by Berkshire Hathaway HomeServices PenFed Realty | $680,000 | |
| Listed by Berkshire Hathaway HomeServices PenFed Realty | |||
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Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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About Londontowne
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Listed by: Melanie F Wood
Berkshire Hathaway HomeServices PenFed Realty
Last Updated: 5 hours ago
Data Source: Bright MLS , MLS# MDAA2132266
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.
Berkshire Hathaway HomeServices PenFed Realty
Last Updated: 5 hours ago
Data Source: Bright MLS , MLS# MDAA2132266
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