22 ROMAR DR
About This Property
Romar Drive is a very special and unique area in Annapolis. It is a 25 home community with water access. There is a marina restricted to owner's use for $300. / year. There are kayak / SUP racks, a boat ramp, a gazebo, fire pit and picnic area! Super serene with deer, fox, herons.....All within a 7-12 minute drive to downtown Annapolis.
22 Romar is a stunning waterview retreat perfect for those seeking luxury and comfort! This beautifully crafted home offers captivating water views and a wealth of premium features designed to impress. Step inside to find elegant crown moldings, hardwood floors, and cathedral ceilings adorned with skylights, creating a bright and inviting atmosphere. The gourmet kitchen boasts 42-inch cherry cabinets, Corian countertops, stainless steel appliances, and a built-in wall oven – ideal for culinary enthusiasts.
Relax in the spacious living area with a cozy wood-burning fireplace or entertain guests on the hardscaped patio with an electric awning, perfect for enjoying the scenic surroundings. The luxurious primary suite includes a heart-shaped soaking tub with jets, dual vanity, and bay windows. Additional highlights include a den/rec room, laundry room, and utility room, as well as Pella windows and doors, an irrigation system, landscape lighting, and a 50-year architectural roof. The home also features a generator powered by two 100-gallon propane tanks and both sheds have their own electric and AC systems. Don't miss the opportunity to own this exquisite home – schedule your tour today and experience the best of Annapolis living!
The yard is pristine with extensive hardscape, multiple out buildings with electric service and one is finished with air conditioning - a perfect clubhouse!
Please come and see this amazing opportunity!
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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 |
|---|---|---|---|
| Dec 6, 2024 | Sold | ||
| Sold | |||
| Nov 6, 2024 | In contract | - | |
| In contract | |||
| Oct 30, 2024 | Price Decreased |
$725,000
↓ $25K
(3.3%) | |
| Price Decreased | |||
| Oct 2, 2024 | Price Decreased |
$750,000
↓ $45K
(5.7%) | |
| Price Decreased | |||
| Sep 30, 2024 | Relisted | $795,000 | |
| Relisted | |||
Property Highlights
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About Annapolis Neck
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017