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Annapolis 21401 Annapolis
226 GIBSON RD
$623,000
● House - Off Market

226 GIBSON RD

ANNAPOLIS, MD 21401
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,040 Ft²
$2,946
Est. Monthly

About This Property

NOTE: This is a relocation.   Please submit all offers having "BGRS Relocation, Inc." as owner.                                 Well maintained rancher home. Entire home was remodeled in 2018 with updated windows, bathrooms, kitchen.  Main level has hardwood floors throughout, crown molding, recessed lights. Wood fireplace with stone mantle. Kitchen has Stainless steel appliances, subway tile, granite countertops.  Carpet installed in 2023. Roof was installed in 2021.  HVAC installed in 2014. California closets installed. Fully finished basement with bedroom, bathroom, office and family room. Bathrooms have ceramic tile and main level has dual sinks. Great landscaped level backyard with patio pavers for outdoor entertainment.  Community pool with water access amenities. One block away from U.S. Naval Academy Memorial Stadium. Walking distance to restaurants, coffee shops, banks and shopping center with grocery store. Easy access to get onto Route 50 and I-97 and Route 2.  A must see to believe.  Set up a showing. Home won't last.
Unit Size
1,040 Ft²
Days on Market
28 days
Land Size
0.17 acres
Price per sqft
$577
Property Type
House
Property Taxes
$492
HOA Dues
-
Year Built
1958

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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.

Last updated: 3 years ago (Bright MLS #MDAA2084438)

Price History

Date / Event Date Event Price
Jul 1, 2024 Sold
Premium
Sold
Jun 3, 2024 In contract -
In contract
May 23, 2024 Listed by Coldwell Banker Realty $599,900
Listed by Coldwell Banker Realty
May 9, 2006 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 25
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 832
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,200
  • Total Building Area: 1,040
  • Gross Building Area: 1,040
  • Building Area: 1,040
  • Building Area Measurement: T

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,040
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ADMIRAL HEIGHTS
  • Land Acres: 0000000165
  • Standard Land Use Code: 1001
  • County Land Use Code: R-C001
  • Legal Description 1: LTS 13 14 BK 6 226 GIBSON RD ADMIRAL HEIGHTS

Neighborhood

  • School District Name: Anne Arundel County Public Schools
  • Census Tract: 706600

Geography

  • Assessors Map Reference: 45I 20 2043
  • Account Number: 01005264000
  • District: 06
  • Parcel: 06-010-05264000
  • Block: 6
  • Lot: 13
  • Municipality: ANNAPOLIS
  • Latitude: 38.9859
  • Longitude: -76.5099

    Address

  • Full Address: 226 Gibson Rd
  • Address - House Number: 226
  • Address - Street Name: Gibson
  • Address - Suffix Type: Rd
  • State: MD
  • City Name: Annapolis
  • Carrier Code: C045
  • 4-Digit Zip Code: 2225
  • Zip Code: 21401

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $564,833
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 80
  • Final Value: 559,380
  • High Value: 647,730
  • Low Value: 471,030

    Market Valuation

  • Market Total Value: $411,300
  • Market Land Value: $261,200
  • Market Improvement Value: $150,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $411,300
  • Assessed Land Value: $261,200
  • Assessed Improvements Value: $150,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 14, 2006
  • Current Sale Recording Date: May 09, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 6053
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

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

About Annapolis

Stats & Trends

Median Asking:

$599,900

Sale Price/ft²

$327

Below Asking

0.01%

Average Days on Market

45

Average Home Size

2085 ft²

Average Home Age

59.6 years

Currently For Sale

193 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 191 Prince George Street, ANNAPOLIS, MD, 21401

$3,000 /mo

  • 1 Bed
  • 1 Bath
  • 900 ft²
191 Prince George Street #E, ANNAPOLIS, MD, 21401 Listing by Yael E Beckman
Unit for rent at 110 Annapolis Street, ANNAPOLIS, MD, 21401

$3,000 /mo

  • 2 Beds
  • 2 Baths
  • 1,550 ft²
110 Annapolis Street #A, ANNAPOLIS, MD, 21401 Listing by Richie L. Taylor
Unit for rent at 1019 President Street, ANNAPOLIS, MD, 21403

$3,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,350 ft²
1019 President Street, ANNAPOLIS, MD, 21403 Listing by Aderyn Bright

Rentals Near You

Click here to view more rentals in the neighborhood.
Bright MLS

Listed by: Mark Feen
Coldwell Banker Realty
Last Updated: 9 hours ago
Data Source: Bright MLS , MLS# MDAA2084438
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.

Frequently Asked Questions

When was property at 226 Gibson Road built and last sold?
The property at 226 Gibson Road was built in 1958 and last sold on Apr 14, 2006 for $375,000.
How much is this home worth?
The estimated value of the home located at 226 Gibson Road is $598,481.
What are some comparable homes to 226 Gibson Road?
There are currently no comparable homes to 226 Gibson Road.
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