1846 CHESAPEAKE RD
About This Property
With direct access to deep water, this property is a boater's paradise, providing unrestricted opportunities to explore the Bay's expansive waters, access world-class fishing grounds, and enjoy effortless navigation for vessels of all sizes. Imagine stepping onto your private dock, boarding your boat, and embarking on unforgettable adventures right from your doorstep.
With well and septic already in place, this lot offers a seamless transition to waterfront living, allowing you to focus on bringing your vision to life. Whether you aspire to create a luxurious waterfront estate with expansive windows framing panoramic views, or a cozy beach cottage with charming coastal details, the possibilities are endless.
Don't miss this rare opportunity to own a piece of paradise with direct access to the Chesapeake Bay. Contact us today to start planning your waterfront oasis and make your dream of coastal living a reality!
Please do NOT enter the property with out a agent. Do Not enter structures or attempt to access dock.
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 25, 2024 | Sold | ||
| Sold | |||
| Nov 6, 2024 | In contract | - | |
| In contract | |||
| Feb 9, 2024 | Listed by RE/MAX Executive | $475,000 | |
| Listed by RE/MAX Executive | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017