40
Map
2908 MAIN STREET
About This Property
The fenced backyard is made for enjoying the outdoors, with a back porch, outdoor shower, large workshop, and plenty of room for kids, pets, or entertaining. Just down the street, Edgewater Beach offers residents access to a private community beach, dock, boat ramp, picnic area, and playground, all within a small, close-knit neighborhood.
The location is hard to beat. Tucked just off Solomons Island Road, Edgewater Beach puts you close to the water while keeping you just minutes from Annapolis and convenient to Routes 50 and 97, without having to travel deep into Edgewater.
Inside, you get the charm of a classic Chesapeake Bay cottage with an extensive list of modern improvements. Updates include a BAT septic system installed in 2015; a renovated kitchen, living room, flooring, main-level bathroom, new HVAC, and new roof in 2022; a new water treatment system in 2023; new siding in 2024; a new water heater in 2025; and a renovated primary bathroom and new well pressure tank in 2026.
This is easygoing coastal living in one of Edgewater's most conveniently located waterfront communities.
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017