2905 SPARROWS POINT ROAD
About This Property
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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.
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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 |
|---|---|---|---|
| Aug 4, 2026 | Sold | ||
| Sold | |||
| Jul 14, 2026 | In contract | - | |
| In contract | |||
| Jul 9, 2026 | Price Decreased |
$469,990
↓ $5K
(1.1%) | |
| Price Decreased | |||
| Jun 24, 2026 | Listed by Weichert, Realtors - Diana Realty | $474,990 | |
| Listed by Weichert, Realtors - Diana Realty | |||
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NEW CONSTRUCTION 3 bedroom, 3.5 bath home in Sparrows Point, a rare find in the highly desirable 21219 zip code. The exterior offers great curb appeal and timeless style. This home flows beautifully, with luxury vinyl plank flooring throughout the main level and a spacious kitchen and dining area that are completely open to one another. The kitchen is a showstopper with white cabinetry, a bold island with gold accents and a built-in mini fridge, plus all stainless-steel appliances. Sliders off the dining room open to a huge rear deck overlooking the large backyard. The living room features a custom shiplap wall and a gas fireplace that's both functional and a natural focal point. Upstairs offers all 3 bedrooms including the primary suite that has a walk-in closet and a private bath with a double vanity and custom tiled walk-in shower. A full hall bath completes the upper level. The finished basement adds even more flexible space for a rec room, gym, playroom, or home office, along with plenty of storage and another beautiful full bathroom. Conveniently located just minutes from I-695 for an easy commute and close to North Point State Park, Millers Island, and waterfront restaurants, this home puts you close to everything Sparrows Point has to offer. Builder incentive available offering seller contribution toward closing costs !!
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| Jun 14, 2026 | Price Decreased |
$479,900
↓ $5K
(1%) | |
| Price Decreased | |||
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About Edgemere
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017