300 MAGOTHY BRIDGE ROAD
About This Property
Privately positioned along the Magothy River, 300 Magothy Bridge Road offers an exceptional waterfront setting defined by privacy and sweeping Chesapeake views. A newly installed automated gate introduces the property, which encompasses approximately 1.4 acres plus a separate 0.379-acre deeded parcel. The result is a rare private retreat with remarkable space, flexibility, and direct connection to the water.
Inside, walls of windows capture beautiful Magothy River views from the moment you enter. The open main level offers spacious living and dining areas, a gas fireplace, and glass doors opening to the rear deck. A bright, private office provides a refined work-from-home setting and can also serve as an optional fourth bedroom. The generous kitchen features stainless steel appliances, upgraded countertops, abundant cabinetry, and ample workspace.
The main residence offers three bedrooms, including a stunning primary suite with a substantial walk-in closet and spa-inspired bath featuring a jetted tub and beautiful shower. A beautifully updated hall bath and conveniently located laundry room complete the upper level. The finished lower level offers additional flexible space, a full bath, and storage.
The outdoor living is exceptional, with a spacious rear deck featuring a built-in BBQ grill set within a stone wall and a wine refrigerator. A private boathouse and separate guest house elevate the property's versatility. The guest house includes a full kitchen, dining area, two bedrooms, and a full bath-ideal for guests or multigenerational living.
With its gated privacy, additional deeded parcel, spectacular river views, boathouse, and guest accommodations, 300 Magothy Bridge Road offers a rare opportunity to experience the Magothy River at its finest.
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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.
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About Pasadena
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017