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Parole 21401 Parole
2003 PHILLIPS TER #9
$350,537*
● Condo - Off Market

2003 PHILLIPS TER #9

ANNAPOLIS, MD 21401
bedrooms
2 Beds
bathrooms
2 Baths
$302,000 - $368,000
Reference Base Price*
4.64%
Since Nov 1, 2022
National-US
Primary Model

About This Property

Nicely lived-in Penthouse unit close to downtown Annapolis, communing routes to Baltimore, Washington and airport.  Loft area could bd 3rd BR, media room, home office etc. and has a large, storage closet.   Living room has a gas fireplace and access to small deck. 2 Primary suites on Main level, each with full bath.  Welcome to your own home! Access is by code - get info from ShowingTime
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Condo
Property Taxes
$259
HOA Dues
-
Year Built
1995

Payment Calculator

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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.

Price History

Date / Event Date Event Price
Oct 10, 2022 No longer available -
No longer available
Sep 18, 2022 In contract -
In contract
Sep 1, 2022 Listed $335,000
Listed
May 29, 2020 Sold
Premium
Sold
Dec 15, 1999 Sold
Premium
Sold

Property Highlights

Air Conditioning
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20260206 Unit 9
02/06/2026
9
2 Bed
2 Bath
1470 ft²
$365,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1470 ft²
$365,000
03/02/2026
Claire Davis
Engel & Volkers Annapolis
20240104 Unit 7
01/04/2024
7
2 Bed
2 Bath
1114 ft²
$324,900
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1114 ft²
$315,000 -3.05%
03/07/2024
Nickolaus Waldner
Keller Williams Realty Centre
20220901
09/01/2022
2 Bed
2 Bath
-
$335,000
bedrooms
2 Bed
bathrooms
2 Bath
-
-
MERRITT BUTTS
Annapolis Bestgate
20220513 Unit 12
05/13/2022
12
2 Bed
2 Bath
1460 ft²
$325,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1460 ft²
-
-
Rebecca Conway
National Realty
20210706
07/06/2021
2 Bed
2 Bath
-
$315,000
bedrooms
2 Bed
bathrooms
2 Bath
-
-
Sheryl Merritt
Annapolis Eastport
20190930 Unit 3
09/30/2019
3
2 Bed
2 Bath
1115 ft²
$239,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1115 ft²
-
-
-
20190712
07/12/2019
2 Bed
2 Bath
-
$270,000
bedrooms
2 Bed
bathrooms
2 Bath
$340,000 +25.93%
05/29/2020
MERRITT BUTTS
20180608
06/08/2018
2 Bed
2 Bath
-
-
bedrooms
2 Bed
bathrooms
2 Bath
-
-
-
20170730
07/30/2017
2 Bed
2 Bath
1129 ft²
-
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1129 ft²
-
-
-

Building Info

2003 Phillips Terrace 2003 Phillips Terrace, Annapolis, MD 21401
More about this Building
2003 Phillips Terrace
Want to find out who owns 2003 Phillips Terrace, Annapolis, MD 21401? Get detailed property transactions here.

About Parole

Stats & Trends

Median Asking:

$599,000

Sale Price/ft²

$304

Below Asking

0.01%

Average Days on Market

47

Average Home Size

2220 ft²

Average Home Age

35.3 years

Currently For Sale

67 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 699 Giddings Avenue, ANNAPOLIS, MD, 21401

$4,700 /mo

  • 2 Beds
  • 2 Baths
  • 1,650 ft²
699 Giddings Avenue, ANNAPOLIS, MD, 21401 Listing by Ryan C Turner
Unit for rent at 106 Annapolis Street, ANNAPOLIS, MD, 21401

$4,100 /mo

  • 2 Beds
  • 2 Baths
  • 1,000 ft²
106 Annapolis Street #202, ANNAPOLIS, MD, 21401 Listing by Ryan C Turner
Unit for rent at 5 Park Place, ANNAPOLIS, MD, 21401

$3,850 /mo

  • 2 Beds
  • 2 Baths
  • 1,191 ft²
5 Park Place #624, ANNAPOLIS, MD, 21401 Listing by George A Gorayeb

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