PRICE REDUCTION!! Discover the charm of Queenstown, where neighbors
know your name and community is more than a word - it's a way of
life! Enjoy a lifestyle filled with small town local
traditions and nearby community events. Welcome to a VERY
well-maintained 4 bedroom, 2.5 bathroom home located in the coveted
Queenstown Harbor waterfront community. This beautiful
waterfront home features a main-level primary suite with hardwood
floors and a private en-suite bath, plus 3 additional bedrooms on
the upper level. The Gourmet chef's kitchen is equipped with
stainless steel appliances, marble countertops, and opens to
comfortable living spaces ideal for entertaining. Enjoy the
front-row seat to nature and the water in the outdoor three-season
covered porch and a patio featuring newer composite decking.
This offers ultimate backyard privacy! The property is
surrounded by mature landscaping and low-maintenance river rock
along the perimeter of the home. Launch your kayak or paddle
board right behind your home with boat slips available in the
community. IDEALLY located next to Queenstown Harbor Golf
Course, featuring the new Toptracer partially heated driving range
and the recently renovated Tavern restaurant. Convenient
access to Route 50 makes commuting to Annapolis, Washington DC, and
the beaches a breeze! Here, life moves at just the right pace
- relaxed, welcoming, and connected. Come see why Queenstown
is more than a place to live; it's a place to belong!
LOW HOA FEE OF $43/MONTH
COMMUNITY OWNED AND OPERATED MARINA! BOAT SLIPS AVAILABLE! $650
YEARLY FOR INSIDE SLIP AND $785 YEARLY FOR OUTSIDE SLIP!
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.
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