2002 PHILLIPS TERRACE #11
About This Property
The open floor plan flows naturally from the updated galley kitchen to a welcoming living area anchored by a gas fireplace. A private balcony extends the living space outdoors, offering a quiet retreat at the end of the day.
Thoughtful details throughout include a walk-in closet in the primary bedroom, a ceiling fan for year-round comfort, and a spiral staircase that adds architectural character to the upper level.
Windgate residents enjoy walking paths, tot lots, unassigned parking, and a secure building entrance with intercom access. Outside the front door, downtown Annapolis, the City Dock waterfront, premier dining, shopping, and the Naval Academy are all within minutes. Commuters will appreciate straightforward access to RT-50, I-97, and public transit connecting directly to Washington, D.C. and Baltimore.
An ideal opportunity for buyers seeking polished, low-maintenance living in a genuinely prime Annapolis address, because the best homes don't just check every box, they make you Love Being Home.
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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 |
|---|---|---|---|
| May 23, 2026 | Listed by Long & Foster Real Estate, Inc. | $2,600 | |
| Listed by Long & Foster Real Estate, Inc. | |||
| Mar 15, 2018 | Sold | ||
| Sold | |||
| Jan 22, 2018 | Listed by Keller Williams Realty Centre | $268,500 | |
| Listed by Keller Williams Realty Centre | |||
| |||
|
Updated Penthouse Condo in Desirable Windgate. 2 Bedroom, 2 Bath w/ Rarely Available 2nd Level Loft. Kitchen w/ Granite Countertops, White Cabinets, and SS Appliances. Master Bedroom w/Bath and Walk-in Closet. Living Room with Gleaming Hardwood Floors and Gas Fireplace. Spacious Open Floor Plan. Cathedral Ceilings and Skylight. Cozy Balcony Close to shopping, restaurants and public transportation.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/23/2026
|
2 Bed
|
2 Bath
|
1456 ft²
|
$2,600
2 Bed
2 Bath
1456 ft²
|
-
-
|
Kara Chaffin Donofrio
Long & Foster Real Estate, Inc.
| |
|
03/10/2026
|
2 Bed
|
2 Bath
|
1127 ft²
|
$349,000
2 Bed
2 Bath
1127 ft²
|
$340,000
-2.58%
05/08/2026
|
Alexandra I Burrell-Hodges
Cottage Street Realty LLC
| |
|
02/15/2022
|
2 Bed
|
2 Bath
|
1100 ft²
|
$290,000
2 Bed
2 Bath
1100 ft²
|
-
-
|
Benjamin Grotte
Keller Williams Realty Centre
| |
|
09/18/2020
|
2 Bed
|
2 Bath
|
1448 ft²
|
$298,000
2 Bed
2 Bath
1448 ft²
|
$298,000
11/24/2020
|
Jeannine Wayson
| |
|
11/29/2018
|
2 Bed
|
2 Bath
|
1117 ft²
|
$236,900
2 Bed
2 Bath
1117 ft²
|
$235,000
-0.80%
12/31/2018
|
Laura Scott
Keller Williams Realty Centre
| |
|
03/05/2018
|
2 Bed
|
2 Bath
|
1448 ft²
|
$274,000
2 Bed
2 Bath
1448 ft²
|
$269,000
-1.82%
05/03/2018
|
Laura A Scott
Keller Williams Realty Centre
| |
|
01/22/2018
|
2 Bed
|
2 Bath
|
1456 ft²
|
$268,500
2 Bed
2 Bath
1456 ft²
|
$268,500
03/15/2018
|
Laura Scott
Keller Williams Realty Centre
| |
|
07/30/2017
| |
2 Bed
|
2 Bath
|
1127 ft²
|
-
2 Bed
2 Bath
1127 ft²
|
-
-
|
-
|
Building Info
About Parole
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017