2651 OGLETON ROAD
About This Property
Nestled in the sought-after waterfront community of Annapolis Roads, this beautifully updated 4-bedroom, 3-bath home offers nearly 3,000 square feet of living space, sitting gracefully atop a lush and private .62-acre lot. The home is surrounded by mature trees and professionally landscaped gardens - and the fully fenced backyard with a stunning stone patio offers the perfect vantage point to take it all in. Whether you're entertaining or unwinding, this outdoor space is truly a retreat.
Just a short walk to the Chesapeake Bay, you'll enjoy exclusive community access to a sandy beach, boat ramp, kayak storage, firepit, playground, and miles of scenic wooded trails. It's a nature-lover's dream, all just minutes from Quiet Waters Park and downtown Annapolis.
Inside, hardwood floors run throughout the main and upper levels. The renovated gourmet kitchen features 42" cabinetry, granite countertops, a ceramic tile backsplash, stainless steel appliances, and built-in wine storage. The layout flows seamlessly to a flexible space for dining or sitting, with French doors leading to the patio and backyard sanctuary.
The living room is warm and inviting, anchored by a handsome brick fireplace with a pellet stove insert, offering both ambiance and energy efficiency. Crown molding and expansive windows fill the space with character and light.
Upstairs, all bedrooms are generously sized with hardwood floors and ample closet space, including custom built-ins. The primary suite has just been renovated with a stunning new marble bathroom, blending timeless elegance with modern design and finishes.
The lower level offers a spacious great room with a separate entrance - ideal for guests, a home office, or multi-generational living. A third full bath has been tastefully updated, and the laundry room is outfitted with luxury vinyl flooring, extra cabinetry, and freezer . One level below that, you'll find a massive bonus space with walk-out access to the side yard - perfect for a rec room, gym, studio, or storage.
This is more than a home - it's a lifestyle. Come experience it 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.
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About Annapolis Neck
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017