2118 BELL TOWER DRIVE
About This Property
Welcome to 2118 Bell Tower Drive! Priced well below market average at $789,000, this home offers an incredible opportunity to step into instant equity in one of Crownsville's premier communities. The seller has decided to bypass the hassle of cosmetic updates and lower the list price to accommodate . The structural bones, major systems, and layout are solid and ready to go-inspections are fully welcome for buyer peace of mind-it simply needs your cosmetic TLC (fresh paint and updated lighting) to transform into a high-end luxury estate tailored to your personal style!
PROPERTY HIGHLIGHTS:
*Expansive Living Space: Over 4,500 sq. ft. featuring 5 large bedrooms, 4.5 baths, a formal dining room, and a sun-drenched family room with a cozy fireplace.
*Complete Secondary Residence: The fully finished walk-up basement functions as a true, self-contained second living space-complete with its own private entrance, full kitchen, dedicated laundry room, spacious bedroom, full bath, and living area. Ideal for multi-generational living, long-term guests, or extra family space.
*Private Outdoor Sanctuary: Nestled on an ultra-private 0.56-acre cul-de-sac lot with no thru-traffic. Enjoy a covered patio, a shed/workshop with electricity, mature fruit trees, and an exceptionally large backyard perfect for recreation or a future in-ground pool.
Unbeatable location with easy access to I-97, Route 50, and all the dining, shopping, and maritime charm of nearby Annapolis. Don't pay a premium for someone else's finishes when you can buy at a steep discount and make this home your own. Schedule your tour today!
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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 |
|---|---|---|---|
| Oct 16, 2026 | Sold | ||
| Sold | |||
| Aug 17, 2026 | In contract | - | |
| In contract | |||
| Jul 24, 2026 | Price Decreased |
$789,000
↓ $70K
(8.2%) | |
| Price Decreased | |||
| Jun 19, 2026 | Price Decreased |
$859,000
↓ $36K
(4%) | |
| Price Decreased | |||
| May 22, 2026 | Listed by Long & Foster Real Estate, Inc. | $895,000 | |
| Listed by Long & Foster Real Estate, Inc. | |||
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About Crofton
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017