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2505 HOBBITS LANE
About This Property
A welcoming foyer with vaulted ceilings and expansive windows creates a bright, warm introduction to the home and an inviting setting to greet family and guests. The main level features an open-concept kitchen and living area, dedicated coffee bar off the dining room, crown molding, and a striking double-sided gas fireplace. An office/5th bedroom with wooded views provides a quiet workspace or retreat, while the spacious sunroom fills with natural light and overlooks the beautifully landscaped backyard and split-fenced grounds. A charming half bath and laundry room with utility sink complete the level.
Upstairs are four spacious bedrooms and two full baths, including a generous primary suite with sitting area, two walk-in closets, and a large private ensuite bath with dual vanities, soaking tub, separate shower, and additional storage. The walk-up attic provides valuable standing-height storage.
The finished lower level, with its own private entrance, adds exceptional versatility with a guest/flex room, family room, workout area, full bath with shower, workbench area, and extensive storage rooms equipped with refrigerator/freezers and multiple storage racks.
Outside, newly landscaped grounds create multiple spaces for outdoor living and entertaining, including two fenced areas: one with a dedicated firepit and garden, and the other with a spacious 2,000-square-foot lawn (sod was installed in 2024) perfect for picnics, play, and lawn games. Spacious rear and side Trex decks with ramps provide convenient access and inviting spots for morning coffee or dining under the stars. Extensive 2023–2026 professional landscaping and hardscaping, including work by Homestead Gardens, enhances the property while preserving mature hickory and century-old oak trees. Deer, owls, hummingbirds, cardinals, blue jays, and goldfinches add to the peaceful setting throughout the seasons.
A distinctive Davidsonville property where privacy, nature, thoughtful improvements, and wellness-minded features come together, offering a peaceful retreat with easy access to Annapolis and the greater Washington–Baltimore region. Convenient to golf, boating, equestrian activities, shopping, farmers' markets, schools, and parks.
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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 |
|---|---|---|---|
| Sep 26, 2026 | Listed by Engel & Volkers Annapolis | $1,125,000 | |
| Listed by Engel & Volkers Annapolis | |||
| Jun 23, 2023 | Sold | ||
| Sold | |||
| May 16, 2023 | In contract | - | |
| In contract | |||
| May 11, 2023 | Listed by Engel & Volkers Annapolis | $800,000 | |
| Listed by Engel & Volkers Annapolis | |||
| Jan 25, 2002 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017