3001 BENNETT POINT ROAD
About This Property
Discover a rare opportunity to own a stunning 5.172-acre parcel in the prominent Bennett Point community of Queenstown, Maryland. This expansive, perc-approved lot is ideal for building a luxurious estate or a private retreat amidst serene natural surroundings. This property offers the perfect blend of privacy and accessibility, with nearby amenities and a vibrant community. Whether you envision a grand family compound or a tranquil sanctuary, this land provides the canvas for your dream home.
Note: Buyer to verify all details with Queen Anne's County.
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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
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 28, 2025 | Sold | ||
| Sold | |||
| Aug 3, 2025 | In contract | - | |
| In contract | |||
| Jul 23, 2025 | Price Decreased |
$399,000
↓ $100K
(20%) | |
| Price Decreased | |||
| Jun 18, 2025 | Price Decreased |
$499,000
↓ $50K
(9.1%) | |
| Price Decreased | |||
| May 16, 2025 | Listed by Compass | $549,000 | |
| Listed by Compass | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017