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2638 DRAGON FLY WAY
About This Property
This stunning villa is one of the largest Classic homes in the community, offering exceptional value in one of the most desirable communities in Anne Arundel County.
This villa provides comfort, privacy, and effortless living in beautifully upgraded living space; offering a warm first impression and a layout designed for both relaxation and connection. Indulge in luxury with upgrades galore: granite countertops, a porcelain farmer's sink, elegant tiled bathrooms, ceiling fans and warm hardwood flooring throughout.
Step inside from your single car garage so you never have to worry about the weather.
The open kitchen connects naturally to the main living spaces. The dining area opens to a charming loft above, adding architectural interest and flexibility. With built-in bookcases and space for a home office or reading nook, the loft is ideal for work or hobbies. The bright living room features a cozy fireplace and opens directly to the patio, creating seamless indoor-outdoor flow. The primary suite offers a peaceful escape. The additional bedroom provides versatility for guests or workspace.
This villa offers a fully-fenced backyard retreat with exceptional privacy-complete with an outdoor built-in kitchen grill and pergola-covered seating area, and low-maintenance paved patio. It's perfect for entertaining or quiet enjoyment. The included irrigation system keeps your outdoor space lush and inviting.
This isn't just a home, it's a lifestyle choice and one of the best values in Two Rivers--designed for comfortable everyday living and easy entertaining. Come see for yourself!
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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 |
|---|---|---|---|
| Oct 1, 2026 | In contract | - | |
| In contract | |||
| Jun 17, 2026 | Price Decreased |
$575,000
↓ $25K
(4.2%) | |
| Price Decreased | |||
| May 1, 2026 | Listed by Berkshire Hathaway HomeServices PenFed Realty | $599,900 | |
| Listed by Berkshire Hathaway HomeServices PenFed Realty | |||
| Mar 27, 2020 | Listed by Non Subscribing Office | $415,000 | |
| Listed by Non Subscribing Office | |||
| | |||
| Mar 26, 2020 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017