1982 CAMBRIDGE DRIVE
About This Property
Beautiful and updated townhome in the sought-after Crofton Meadows community! Perfectly positioned in a premium location with beautiful views of the community pond, this bright and inviting home offers the perfect blend of comfort, style, and convenience. Huge windows drench the home in natural light, creating a bright and airy atmosphere throughout. The renovated kitchen features granite countertops, stainless steel appliances, beautiful cabinetry, and an adjoining dining area. The living room is bright and spacious with direct access to the backyard and community pond! Upstairs, you'll find three bedrooms with a shared fully renovated bathroom! Unfinished basement offers lots of possibilities! Use it as a gym, or finish it completely to have additional space to entertain and enjoy! Step outside to your private fenced patio backing to open community green space and tranquil pond views, creating the perfect spot to relax or unwind after a long day. Additional features such as recessed lighting, an updated HVAC system, Nest thermostat, and Tesla solar panels provide both comfort and peace of mind! Enjoy immediate access from your backyard to scenic walking paths around the pond and enjoy Saturday mornings at the nearby Crofton Farmers Market or short walks to the library, and the convenience of being just minutes from Waugh Chapel shopping, dining, and entertainment! Zoned to Crofton Meadows Elementary, Crofton Middle and Crofton High School!
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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 |
|---|---|---|---|
| Jul 7, 2026 | Sold | ||
| Sold | |||
| Jul 6, 2026 | In contract | - | |
| In contract | |||
| Jul 1, 2026 | Relisted | $350,000 | |
| Relisted | |||
| May 22, 2026 | In contract | - | |
| In contract | |||
| May 14, 2026 | Listed by Real Broker, LLC - Severna Park | $350,000 | |
| Listed by Real Broker, LLC - Severna Park | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/14/2026
| |
3 Bed
|
1 Bath
|
1200 ft²
|
$350,000
3 Bed
1 Bath
1200 ft²
|
$350,000
07/07/2026
|
Nancy Gowan
Engel & Volkers Annapolis
|
|
08/31/2018
| |
3 Bed
|
2 Bath
|
1200 ft²
|
-
3 Bed
2 Bath
1200 ft²
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017