28964 WALLER ROAD
About This Property
Step inside to a welcoming living room filled with abundant natural light from oversized bay windows, highlighting custom built-ins and creating an inviting space to relax or entertain. The flow continues seamlessly into the kitchen and dining area, where sunlight pours in and a cozy fireplace anchors the room-ideal for everyday living or hosting memorable gatherings. The kitchen is thoughtfully designed with ample cabinetry, a center island, and comes fully equipped, offering both functionality and style. Sliding access to the backyard makes indoor-outdoor living effortless.
All bedrooms are generously sized, providing flexibility for family, guests, or a home office. The primary suite is a true retreat, complete with its own private bath for added comfort and privacy. With everything on one floor, the home delivers ease of living without sacrificing space.
Outside, the expansive acreage opens up endless possibilities-gardening, recreation, or simply enjoying the peaceful surroundings. A pole barn adds exceptional value, perfect for storage, hobbies, equipment, or future projects.
Located in a desirable pocket of the Eastern Shore, the property enjoys convenient access to a variety of nearby amenities while still offering a peaceful, rural lifestyle. Just minutes away, Delmar provides everyday conveniences including local shops, restaurants, schools, and community services, while nearby Salisbury offers a broader selection of dining, shopping, healthcare facilities, and entertainment options, as well as Salisbury University. Easy access to Route 13 makes commuting and travel simple, and outdoor enthusiasts will appreciate the proximity to parks, scenic farmland, and recreational areas. Don't miss this rare opportunity to own a spacious, single-level home on over ten acres in a sought-after setting. Schedule your private showing today and make this exceptional property your own.
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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 |
|---|---|---|---|
| May 5, 2026 | Price Decreased |
$549,999
↓ $5K
(0.9%) | |
| Price Decreased | |||
| Apr 16, 2026 | Price Decreased |
$554,999
↓ $8K
(1.3%) | |
| Price Decreased | |||
| Apr 7, 2026 | Relisted | $562,500 | |
| Relisted | |||
| Mar 22, 2026 | No longer available | - | |
| No longer available | |||
| Feb 18, 2026 | Price Decreased |
$562,500
↓ $8K
(1.3%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017