$660,000
●
House -
For Sale
24575 DEEPWATER POINT DRIVE
ST MICHAELS, MD 21663
3 Beds
2 Baths,
1
Half Bath
2,796 Ft²
$3,737
Est. Monthly
$19
HOA / Fees
About This Property
Sprawling, 3 bedroom, 2 full bath, 1 half bath contemporary ranch
home with an oversized 2-car attached garage, rear sunroom
overlooking a rear patio, fish pond and gazebo. All of this
on a 1.28 +/- acre parcel that backs to a pond/green of the Links
at Perry Cabin Golf Course. This home has access to said golf
club (membership required), scenic walking and biking trails, a
nearby waterfront park, and the Miles River Yacht Club...and less
than 2 miles from downtown St. Michaels! Restricted to
owner-occupants, non-profits and government agencies through
10/01/2026. HUD Case #241-950998. Seller may contribute up to 3% of
the buyer's closing costs. Equal Housing Opportunity.
Unit Size
2,796 Ft²
Days on Market
-
Land Size
1.28 acres
Price per sqft
$236
Property Type
House
Property Taxes
$477
HOA Dues
$19
Year Built
1978
Listed By
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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: 24 days ago (Bright MLS #MDTA2015186)
Price History
Property Highlights
Fireplace
Garage
With View
Parking Details
Has Garage
Parking Features: Attached, Garage, Asphalt Driveway
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Breakfast Bar, Dining Area, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Table Space
Door Features: Insulated
Has Fireplace
Fireplace Features: Wood
Fireplaces: 1
Exterior Details
Square Footage: 2796
Square Footage Source: $0
Architectural Style: Contemporary, Ranch/Rambler
Year Built Source: Assessor
Year Built: 1978
Levels: 1
Other Structures: Above Grade, Below Grade
Construction Materials: Brick, Combination
Patio and Porch Features: Patio
Lot Features: Pond
Lot Size Area: 55757
Lot Size Units: Square Feet
Lot Size Acres: 1.28
Lot Size Square Feet: 55757
Tax Lot: 5
Water Source: Public
Financial Details
Tax Assessed Value: $615,333
Tax Annual Amount: $5,723
Utilities Details
Cooling Type: Other
Heating Type: Heat Pump - Oil BackUp
Sewer : Public Sewer
Location Details
HOA Fee: $225
HOA Fee Frequency: Annually
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Talbot
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Listed by: John A Fifer
Brokers Realty Group, LLC
Last Updated: 5 hours ago
Data Source: Bright MLS , MLS# MDTA2015186
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Brokers Realty Group, LLC
Last Updated: 5 hours ago
Data Source: Bright MLS , MLS# MDTA2015186
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