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Annapolis 21401 Annapolis
331 DEWEY DRIVE
$994,000
● House - Off Market

331 DEWEY DRIVE

ANNAPOLIS, MD 21401
bedrooms
5 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
4,328 Ft²
$1,678,841
RealtyHop Estimate
68.90%
Since Sep 1, 2016
National-US
Primary Model

About This Property

Open House Cancelled. Beautiful waterfront home close to the Historic District w/private pier, boat lift, floating docks. Gourmet kit w/stainless appliances, granite, breakfast rm, Viking refrigerator, wet bar, MBR suite w/super BA w/jetted tub, & large walk-in closet, wood flrs w/compass rose, built-ins, window seats, huge deck w/water views, gorgeous front porch, fin bsmt, 2 car gar, & sauna.
Unit Size
4,328 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$230
Property Type
House
Property Taxes
$847
HOA Dues
-
Year Built
1981

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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%.

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: 11 months ago (Bright MLS #1002457694)

Price History

Date / Event Date Event Price
Oct 28, 2016 Sold
Premium
Sold
Aug 18, 2016 Sold
Premium
Sold
Jul 13, 2016 Listed by Coldwell Banker Realty $994,000
Listed by Coldwell Banker Realty
Jun 28, 2002 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace
Garage
With View

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 1981
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 13
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 400
  • Garage Type: 1
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 9
  • Location Influence Type: 23

    Dimensions

  • Lot Size Square Feet: 15,520
  • Total Building Area: 3,660
  • Gross Building Area: 3,660
  • Building Area: 3,660
  • Building Area Measurement: T

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 4,060
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ADMIRAL HEIGHTS BLOCK 1-12
  • Land Acres: 0000000356
  • Standard Land Use Code: 1001
  • County Land Use Code: R-C001
  • Legal Description 1: LTS 14 15 BK 12 SC A 331 DEWEY DR ADMIRAL HEIGHTS

Neighborhood

  • School District Name: Anne Arundel County Public Schools
  • Census Tract: 706600

Geography

  • Assessors Map Reference: 45I 13 487
  • Account Number: 01006135900
  • District: 06
  • Section: A
  • Parcel: 06-010-06135900
  • Block: 12
  • Lot: 14
  • Municipality: ANNAPOLIS
  • Latitude: 38.9889
  • Longitude: -76.5116

    Address

  • Full Address: 331 Dewey Dr
  • Address - House Number: 331
  • Address - Street Name: Dewey
  • Address - Suffix Type: Dr
  • State: MD
  • City Name: Annapolis
  • Carrier Code: C045
  • 4-Digit Zip Code: 2246
  • Zip Code: 21401

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,263,537
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.1418
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 83
  • Final Value: 1,250,603
  • High Value: 1,427,977
  • Low Value: 1,073,229

    Market Valuation

  • Market Total Value: $879,900
  • Market Land Value: $519,300
  • Market Improvement Value: $360,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $879,900
  • Assessed Land Value: $519,300
  • Assessed Improvements Value: $360,600

    Sales

  • Current Sale Contract Date: Aug 18, 2016
  • Current Sale Recording Date: Oct 28, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jun 28, 2002
  • Previous Sale Amount: $749,500
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: UNK
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Annapolis

Stats & Trends

Median Asking:

$599,999

Sale Price/ft²

$342

Below Asking

0.02%

Average Days on Market

49

Average Home Size

2031 ft²

Average Home Age

60.6 years

Currently For Sale

141 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 191 Prince George Street, ANNAPOLIS, MD, 21401

$5,010 /mo

  • 2 Beds
  • 2 Baths
  • 1,203 ft²
191 Prince George Street #B, ANNAPOLIS, MD, 21401 Listing by Yael E Beckman
Unit for rent at 301 Burnside Street, ANNAPOLIS, MD, 21403

$3,000 /mo

  • 1 Bed
  • 1 Bath
  • 516 ft²
301 Burnside Street #A203, ANNAPOLIS, MD, 21403 Listing by Patricia Paul
Unit for rent at 106 Annapolis Street, ANNAPOLIS, MD, 21401

$4,100 /mo

  • 2 Beds
  • 2 Baths
  • 1,000 ft²
106 Annapolis Street #202, ANNAPOLIS, MD, 21401 Listing by Ryan C Turner

Rentals Near You

Click here to view more rentals in the neighborhood.
Bright MLS

Listed by: Antonia Barry
Coldwell Banker Realty
Last Updated: 3 hours ago
Data Source: Bright MLS , MLS# 1002457694
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.

Frequently Asked Questions

When was property at 331 Dewey Drive built and last sold?
The property at 331 Dewey Drive was built in 1981 and last sold on Aug 18, 2016 for $994,000.
How much is this home worth?
The estimated value of the home located at 331 Dewey Drive is $1,003,940.
What are some comparable homes to 331 Dewey Drive?
There are currently no comparable homes to 331 Dewey Drive.
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