$360,000
●
House -
Off Market
2565 HOUSLEY ROAD
ANNAPOLIS, MD 21401
2 Beds
1 Bath
1,044 Ft²
$2,058
Est. Monthly
6.67%
Cap Rate
About This Property
VALUE IS IN THE LAND! PRIME .25-ACRE LOT ZONED C2/Residential
& Commercial on Housley Road, the extension of Annapolis' main
artery Bestgate Road! CENTRAL TO THE ANNAPOLIS BUSINESS HUB
encircled by WESTFIELD MALL/TOWNE CENTRE MALL/GATEWAY VILLAGE MALL!
The lot offers public water/sewer, but the current structure
is basically a teardown/total rehab with paved multi-vehicle
parking and open green space across the road. Profit from the
solid reputations & clientele of surrounding businesses including
Sam's Club, Best Buy, Safeway, & McDonalds! Housley Road is
also populated by popular apartment complexes and the Radisson
Country Inn & Suites to enhance your business traffic!
ENVISION YOUR BUSINESS FUTURE FROM THE GROUND UP! (Building
currently used as residential home that is a total rehab or
replacement.)
Unit Size
1,044 Ft²
Days on Market
50 days
Land Size
0.25 acres
Price per sqft
$350
Property Type
House
Property Taxes
$266
HOA Dues
-
Year Built
1954
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Cap Rate
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: 2 years ago (Bright MLS #MDAA2110444)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 25, 2025 | Sold | ||
| Sold | |||
| May 8, 2025 | In contract | - | |
| In contract | |||
| Apr 6, 2025 | Listed | $365,000 | |
| Listed | |||
| | |||
|
VALUE IS IN THE LAND! PRIME .25-ACRE LOT ZONED C2/Residential & Commercial on Housley Road, the extension of Annapolis’ main artery Bestgate Road! CENTRAL TO THE ANNAPOLIS BUSINESS HUB encircled by WESTFIELD MALL/TOWNE CENTRE MALL/GATEWAY VILLAGE MALL! The lot offers public water/sewer, but the current structure is basically a teardown/total rehab with paved multi-vehicle parking and open green space across the road. Profit from the solid reputations & clientele of surrounding businesses including Sam’s Club, Best Buy, Safeway, & McDonalds! Housley Road is also populated by popular apartment complexes and the Radisson Country Inn & Suites to enhance your business traffic! ENVISION YOUR BUSINESS FUTURE FROM THE GROUND UP!! (Building currently used as residential home that is a total rehab or replacement.)
| |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
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Baths
ft²
Price/ft²
Price/ft²
Asking Price
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Closing Price
Sold On
Sold On
HOA + Taxes
About Parole
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Listed by: Karlton F Morris Jr.
Long & Foster Real Estate, Inc.
Last Updated: 5 hours ago
Data Source: Bright MLS , MLS# MDAA2110444
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Long & Foster Real Estate, Inc.
Last Updated: 5 hours ago
Data Source: Bright MLS , MLS# MDAA2110444
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