$269,000
●
Condo -
Off Market
2002 PHILLIPS TERRACE #12
ANNAPOLIS, MD 21401
2 Beds
2 Baths
1,448 Ft²
$420,467
RealtyHop Estimate
53.46%
Since May 1, 2018
National-US
Primary Model
About This Property
Updated Penthouse Condo in Desirable Windgate. 2 Bedroom, 2 Bath w/
Rarely Available 2nd Level Loft. Kitchen w/ Granite Countertops,
White Cabinets & New SS Appliances. Master Bedroom w/Bath & Walk-in
Closet. Gleaming Hardwood Floors & Gas FP. Spacious Open Floor
Plan. Cathedral Ceilings & Skylights. NewRinnai Tankless HWH & 5 yr
young HVAC.Plenty of Restaurants & Shopping nearby.
Unit Size
1,448 Ft²
Days on Market
-
Land Size
-
Price per sqft
$189
Property Type
Condo
Property Taxes
$224
HOA Dues
$236
Year Built
1997
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Cap Rate Calculator
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Cap Rate
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: 23 days ago (Bright MLS #1000234510)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 7, 2021 | No longer available | - | |
| No longer available | |||
| Nov 24, 2020 | Sold | ||
| Sold | |||
| Sep 28, 2020 | In contract | - | |
| In contract | |||
| Sep 18, 2020 | Listed | $298,000 | |
| Listed | |||
| | |||
|
Prime location in the well-maintained community of WINDGATE. Convenient to all points in Annapolis & a quick hop onto US50/301. Third floor unit with the addition of a LOFT and EXTRA Storage closet! A Cozy gas fireplace for cool winter evenings…and Skylights allow for Lots of Natural Light! This unit is turn-key clean and ready to go! The well-appointed bathrooms and thoughtful design throughout will not disappoint. The open floor plan is accented by a freshly painted neutral color palette and hardwood flooring. The bonus loft can serve as an extended space for entertaining, or perhaps a home office. Don’t Miss This One! The manager has listed the unit size as 1448 square feet.
| |||
| May 3, 2018 | Sold | ||
| Sold | |||
Show More
Property Highlights
Air Conditioning
Fireplace
Parking Details
Parking Features: Unassigned, None
Interior Details
Full Bathrooms: 2
Interior Features: Breakfast Bar, Kitchen - Gourmet, Dining Area, Kitchen - Country, Entry Level Bedroom, Upgraded Countertops, Window Treatments, Wood Floors, Primary Bath(s), Floor Plan - Open
Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Ice Maker, Gas Oven, Range Hood, Refrigerator, Washer
Has Fireplace
Fireplaces: 1
Exterior Details
Has Property Attached
Square Footage: 1448
Square Footage Source: $0
Property Condition: Very Good
Architectural Style: Colonial
Year Built Source: Estimated
Year Built: 1996
Building Name: WINDGATE CONDO
Levels: 2
Other Structures: Above Grade
Construction Materials: Brick, Combination
Water Source: Public
Financial Details
Tax Assessed Value: $238,900
Tax Annual Amount: $2,683
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air
Heating Type: Forced Air
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Insurance, Snow Removal, Lawn Maintenance
HOA/Condo/Coop Amenities: Maintenance Grounds, Playground
Condo/Coop Fee: $236
Condo/Coop Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
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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Listed by: Laura A Scott
Keller Williams Realty Centre
Last Updated: 5 hours ago
Data Source: Bright MLS , MLS# 1000234510
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.
Keller Williams Realty Centre
Last Updated: 5 hours ago
Data Source: Bright MLS , MLS# 1000234510
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