$725,000
●
House -
Off Market
320 CHESTER AVENUE
ANNAPOLIS, MD 21403
2 Beds
2 Baths
1,176 Ft²
$4,462
Est. Monthly
About This Property
Rare opportunity to own a charming 2-unit building in the heart of
Eastport, offering water views from both units. Each residence
features its own private entrance and deck, perfect for enjoying
the sights and sounds of small town living and serene surroundings.
Thoughtfully designed, both units include a comfortable living
area, full kitchen, spacious bedroom, full bath, and convenient
in-unit laundry. Just a short walk to Historic Downtown Annapolis,
this property is ideal for investors or enjoying one unit while
renting the other. Experience the best of Eastport living-steps
from restaurants, marinas, and the waterfront lifestyle. The
downstairs is a licensed short-term rental, and the upstairs is a
licensed long-term rental. May be subject to all future rentals.
Unit Size
1,176 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$638
Property Type
House
Property Taxes
$779
HOA Dues
-
Year Built
1920
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 8 months ago (Bright MLS #MDAA2128698)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 16, 2026 | Sold | ||
| Sold | |||
| Feb 18, 2026 | In contract | - | |
| In contract | |||
| Feb 12, 2026 | Price Decreased |
$750,000
↓ $29K
(3.7%) | |
| Price Decreased | |||
| Oct 27, 2025 | Listed by Long & Foster Real Estate, Inc. | $779,000 | |
| Listed by Long & Foster Real Estate, Inc. | |||
| Sep 6, 2016 | Sold | ||
| Sold | |||
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Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
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Listed On
Listed On
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Sold On
Sold On
HOA + Taxes
About Annapolis
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Listed by: John J Collins
Long & Foster Real Estate, Inc.
Last Updated: 7 hours ago
Data Source: Bright MLS , MLS# MDAA2128698
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.
Long & Foster Real Estate, Inc.
Last Updated: 7 hours ago
Data Source: Bright MLS , MLS# MDAA2128698
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