182 WROXETER DRIVE
About This Property
The expansive main level is designed for both everyday living and effortless entertaining, featuring formal living and dining rooms, a well-appointed kitchen with a casual dining area, and a welcoming family room anchored by a fireplace and dramatic two-story ceiling. A private office provides a quiet and functional workspace, while the overall layout is filled with natural light and a seamless flow between spaces.
Upstairs, the impressive primary suite offers a vaulted ceiling and a spacious, spa-like bath complete with a jetted tub, oversized shower, and generous walk-in closet. Three additional bedrooms are well-proportioned and share a thoughtfully designed hall bath, providing comfortable accommodations for family and guests. The expansive upper deck is directly accessible by 2 bedrooms and overlooks the pool with stairs down to the backyard.
The lower level adds versatility with a bar area, built-in shelving, and a full bath, ideal for recreation or hosting, while the remaining unfinished space provides exceptional storage and future potential. Outdoor living is a highlight, with an enormous screened porch overlooking the beautifully landscaped yard, pool, and hot tub, creating a private setting for both relaxation and entertaining.
Residents enjoy easy access to the community marina just a few blocks away at the end of Buckingham Road, offering deep-water slips (approximately 8 ft MLW) on Ringgold Cove and convenient access to the Severn River. Ideally located within the Blue Ribbon Severna Park school district and just minutes to Annapolis, Severna Park, and the B&A Trail, this property presents a wonderful opportunity to enjoy a coveted lifestyle in one of the area's most desirable neighborhoods. Welcome Home!
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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.
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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017