251 CAPE SAINT JOHN ROAD
About This Property
Welcome to your dream retreat! Just a short stroll from your door, you'll find one of the community's best private beaches, complete with a sandy shoreline, kayak storage, boat ramp, designated swimming area, and dock along the majestic South River.
This home packs a big punch for its price, featuring numerous upgrades on a beautifully maintained and usable .34-acre lot with seasonal water views. Imagine sipping your favorite beverage on the inviting front porch, surrounded by mature trees that provide privacy and a serene landscape setting.
Location couldn't be better - just minutes from Mike's Crab House, Routes 50 and 97, and only 15 minutes from historic Annapolis, while shopping and everyday conveniences are just a short drive away. Why settle for a townhouse when you can have a private lot and single-family home, with multi-million-dollar waterfront estates just a few houses down?
Don't let this rare opportunity slip away - Cape St. John living awaits!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Feb 18, 2026 | Sold | ||
| Sold | |||
| Jan 6, 2026 | In contract | - | |
| In contract | |||
| Oct 31, 2025 | Price Decreased |
$435,000
↓ $14K
(3.1%) | |
| Price Decreased | |||
| Oct 16, 2025 | Price Decreased |
$449,000
↓ $11K
(2.4%) | |
| Price Decreased | |||
| Sep 30, 2025 | Price Decreased |
$460,000
↓ $25K
(5.1%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017