$280,000
↓ $35K (7.5%)
●
House -
Off Market
1727 FORESTVILLE RD
EDGEWATER, MD 21037
3 Beds
1 Bath
1,414 Ft²
$1,420
Est. Monthly
About This Property
3 Bedroom - Possible 4th - Over 1400 Sq Ft... great investor
opportunity. House needs a lot of renovations and projects
finished but sits around the corner from Waterside Park and in the
Woodland Beach / Londontowne community with its community beaches,
mainas, boat ramps and waterside parks and playgrounds.
Please note: Cash, Hard Money Lenders or 203K
purchases only. Would not qualify for conventional financing.
Unit Size
1,414 Ft²
Days on Market
15 days
Land Size
0.09 acres
Price per sqft
$204
Property Type
House
Property Taxes
$246
HOA Dues
-
Year Built
1940
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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 #MDAA2082814)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 17, 2025 | Price Decreased |
$430,000
↓ $35K
(7.5%) | |
| Price Decreased | |||
| Mar 2, 2025 | Price Decreased |
$465,000
↓ $17K
(3.5%) | |
| Price Decreased | |||
| Feb 25, 2025 | Relisted | $482,000 | |
| Relisted | |||
| Feb 15, 2025 | In contract | - | |
| In contract | |||
| Feb 7, 2025 | Listed | $482,000 | |
| Listed | |||
| | |||
|
BIG PRICE DROP! This is your chance to get a great deal on this home! Now is the perfect time to make your move on this incredible property. Schedule a tour today! Welcome to 1727 Forestville Rd! This beautifully renovated rancher blends modern style with comfortable living. Featuring four bedrooms, including two master suites—each with its own full bathroom—plus an additional office space and a total of three full baths, this home offers plenty of room to live, work, and entertain. The second master suite provides a perfect space for guests, in-laws, or extended family, ensuring privacy and convenience. The open floor plan enhances the home’s spacious feel, making it perfect for gatherings. Nestled in the sought-after Woodland Beach community, you’ll enjoy access to playgrounds, parks, beaches, and a variety of amenities—all in a fantastic location.
Don’t miss your chance to own this move-in-ready home is waiting for you!
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Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Londontowne
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Listed by: David Luptak
Long & Foster Real Estate, Inc.
Last Updated: 6 hours ago
Data Source: Bright MLS , MLS# MDAA2082814
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.
Long & Foster Real Estate, Inc.
Last Updated: 6 hours ago
Data Source: Bright MLS , MLS# MDAA2082814
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