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2033 SHORE DRIVE
About This Property
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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%.
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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 |
|---|---|---|---|
| Aug 31, 2026 | Sold | ||
| Sold | |||
| Aug 15, 2026 | In contract | - | |
| In contract | |||
| Jul 16, 2026 | Listed by TTR Sotheby's International Realty | $550,000 | |
| Listed by TTR Sotheby's International Realty | |||
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Direct water views of Glebe Creek make this a rare opportunity to own one of Woodland Beach's water view homes. Just moments from the South River and Chesapeake Bay combined with extensive updates throughout and access to the community's beaches, docks, kayak launches, and waterfront amenities.
The flexible floor plan includes four bedrooms, two full bathrooms, two main level bedrooms, and two separate living spaces, each anchored by its own fireplace. The kitchen features a gas stove, brand new stainless steel appliances and was enhanced in recent years. The main level also offers a remodeled bathroom, a large laundry room with ample storage and newer cabinetry. Upstairs are two additional bedrooms, including one with a private en suite bathroom, spacious closet and a built in dresser. New carpet was installed in 2026, and the sunroom received new flooring in 2025.
Major improvements include six mini split systems (2021), a tankless water heater, updated light fixtures, crown molding, enhanced landscaping, and numerous additional updates throughout.
Outside, the property is framed by beautifully landscaped front gardens. A carport and driveway provide ample off street parking, while the backyard is designed for enjoying the outdoors with mature landscaping, seasonal flowering plantings, a concrete patio great for a bon fire area, a kayak storage rack, and a large storage shed.
Woodland Beach residents enjoy access to five community beaches, community docks, slips, kayak launches, fishing piers, playgrounds, basketball courts, picnic areas, baseball field and community clubhouse. Conveniently located near Historic London Town & Gardens, Quiet Waters Park, Triton Beach, Mayo Beach Park, downtown Annapolis, waterfront dining, shopping, Route 2, Route 214, Route 50, I-97, BWI Airport, Baltimore, and Washington, D.C.
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| Apr 10, 2026 | Price Decreased |
$540,000
↓ $25K
(4.4%) | |
| Price Decreased | |||
| Feb 25, 2026 | Price Decreased |
$565,000
↓ $10K
(1.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017