287 MAGOTHY BOULEVARD
About This Property
As you step inside, you are greeted by an inviting ambiance that blends warmth and tradition.
The main level has an open feeling, featuring a cozy living area, a well-appointed kitchen, two bedrooms, a full hall bathroom and includes a primary bedroom with ensuite half bath.
Through the sliding glass door is a sprawling 640 sq. ft. sunroom addition, suffusing the space with natural light and providing an ideal setting for relaxation or entertainment. Adjacent to the sunroom, a deck extends the living area outdoors, inviting al fresco dining and leisurely moments.
Descending to the lower level, a second kitchen awaits, offering versatility and convenience for multi-generational living or hosting guests. Additionally, a workshop provides a creative outlet for DIY enthusiasts or serves as a functional space for various tools and projects.
Outside, the expansive yard is adorned with mature plants, creating a picturesque backdrop for outdoor activities and enjoying the beauty of nature.
With its prime location in the desirable Pasadena neighborhood of Chelsea Beach, this residence presents an unparalleled opportunity to embrace a lifestyle defined by tranquility, convenience, and community. Community amenities include the deep water boat ramp, into Cockey Creek that flows into the Magothy River and Chesapeake Bay, fishing beaches, large playground and a lot of community activities.
Don't miss your chance to make this well-maintained home yours and embark on a journey of timeless comfort and serenity.
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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%.
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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 |
|---|---|---|---|
| Jun 14, 2024 | Sold | ||
| Sold | |||
| May 22, 2024 | In contract | - | |
| In contract | |||
| May 16, 2024 | Listed by RE/MAX Leading Edge | $399,900 | |
| Listed by RE/MAX Leading Edge | |||
| | |||
|
Nestled within the charming neighborhood of Chelsea Beach in Pasadena, awaits this well-maintained home, situated on a generous double lot. This residence boasts ample space both indoors and out, offering a retreat that harmonizes with nature's beauty.
As you step inside, you are greeted by an inviting ambiance that blends warmth and tradition.
The main level has an open feeling, featuring a cozy living area, a well-appointed kitchen, two bedrooms, a full hall bathroom and includes a primary bedroom with ensuite half bath.
Through the sliding glass door is a sprawling 640 sq. ft. sunroom addition, suffusing the space with natural light and providing an ideal setting for relaxation or entertainment. Adjacent to the sunroom, a deck extends the living area outdoors, inviting al fresco dining and leisurely moments.
Descending to the lower level, a second kitchen awaits, offering versatility and convenience for multi-generational living or hosting guests. Additionally, a workshop provides a creative outlet for DIY enthusiasts or serves as a functional space for various tools and projects.
Outside, the expansive yard is adorned with mature plants, creating a picturesque backdrop for outdoor activities and enjoying the beauty of nature.
With its prime location in the desirable Pasadena neighborhood of Chelsea Beach, this residence presents an unparalleled opportunity to embrace a lifestyle defined by tranquility, convenience, and community. Community amenities include the deep water boat ramp, into Cockey Creek that flows into the Magothy River and Chesapeake Bay, fishing beaches, large playground and a lot of community activities.
Don't miss your chance to make this well-maintained home yours and embark on a journey of timeless comfort and serenity.
| |||
| May 22, 1992 | Sold | ||
| Sold | |||
| Jun 8, 1989 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017