247 CAPE SAINT JOHN ROAD
About This Property
This stunning home offers a rare, direct short path to the best private community beach in town - featuring a sandy shoreline, kayak storage, boat ramp, designated swimming area, and dock, all nestled along the majestic South River.
From the moment you arrive, the home captivates with its custom stone facade, meticulously maintained landscaping, and striking bluestone paver patio that create unbeatable curb appeal. Step inside and experience a thoughtfully designed interior, where hand-selected designer finishes elevate every corner of the home.
Gleaming hardwood floors flow seamlessly across the entire main level - including the spacious bedroom - adding warmth and timeless sophistication. Anchoring the living room is a stunning fireplace that creates a cozy yet refined ambiance perfect for any season.
The fully renovated kitchen is a showstopper, complete with premium cabinetry, a high-end appliance package, stone countertops, and an open-concept layout that flows directly into the dining room. Step outside onto the expansive deck for effortless indoor-outdoor entertaining.
The generously sized primary suite offers a true retreat, featuring a spa-like ensuite bathroom and a custom walk-in closet.
Downstairs, the walk-out lower level continues to impress with wide-plank flooring, a pellet stove (heats the whole house, significant savings during the cold months) , large family room, full bath, and a flexible workshop/laundry area - easily convertible into a fourth bedroom.
Outdoor living shines here, with multiple spaces to unwind or host: an upper deck, lower deck, and expansive bluestone patio all back to serene, wooded privacy with direct access to the beach path. The fully fenced backyard includes a storage shed with room for kayaks and paddleboards - everything you need for easy, breezy river adventures.
This is more than a home - it's a lifestyle. An unparalleled opportunity to live in one of Annapolis' most beloved waterfront communities.
Don't let this rare gem pass you by!
Recent updates include HVAC, water heater, roof, gutters, kitchen appliances, washer/dryer, and doors/windows - all less than 5 years old.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017