204 WARDOUR DRIVE
About This Property
The walk-out lower level opens to a stunning hardscape oasis including a flagstone patio with an outdoor wood-burning fireplace, overlooking a flat yard perfect for outdoor activities or lacrosse practice. Enjoy easy access to the community path leading to the nearby Wardour beach, where you can launch your kayak and explore the waters of the Severn River. Located in the highly sought-after West Annapolis School District and walking distance to all the fabulous west Annapolis hip new restaurants and shops. Don't miss this one!
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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%.
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 |
|---|---|---|---|
| Apr 30, 2025 | Sold | ||
| Sold | |||
| Apr 5, 2025 | In contract | - | |
| In contract | |||
| Mar 28, 2025 | Relisted | $3,295,000 | |
| Relisted | |||
| Aug 1, 2024 | No longer available | - | |
| No longer available | |||
| Jun 29, 2024 | Listed by Coldwell Banker Realty | $3,295,000 | |
| Listed by Coldwell Banker Realty | |||
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About Annapolis
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017