340 CAYUSE CIRCLE
About This Property
Vintage Charm Near the Bay – A 1975 Classic Close to Water Adventures
Cherished by one family since 1975-this is the first time it's being offered for sale. This lovingly maintained 3-bedroom, 1.5-bathroom rambler is a rare find for those who appreciate enduring craftsmanship and the warm nostalgia of a well-kept mid-century home. Preserved in its original condition, the property features authentic wood paneling, original hardwood floors, and vintage details that echo the pride and care poured into it over the decades. Things were actually built to last back then.
The kitchen retains its retro appeal with a cozy, efficient layout, and the adjacent dining room shines with custom built-in cabinetry-perfect for showcasing heirlooms or hosting intimate meals.
Natural light fills the living room through a large picture window, while each generously sized bedroom-larger than typical ramblers-offers comfort and flexibility. The primary bedroom includes a private half-bath, and the hallway bath holds potential for a future double-vanity upgrade.
Outdoors, you'll find a flat, welcoming yard ideal for gardening, barbecues, or simply relaxing with friends and family. A large shed offers excellent storage space.
Located in a vibrant water-privileged community, you will enjoy:
Bay and lake access
Community gardens
Playgrounds and sports fields
Boat ramp and horseshoe pits
A private runway
Commuting is a breeze from this prime location in Lusby, Maryland, with convenient access to PAX Naval Base and Washington D.C. Whether you're searching for the perfect starter home or looking to downsize without sacrificing comfort or community spirit, this home offers a rare opportunity to do both.
Don't miss your chance to own a piece of this charming, amenity-rich paradise!
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 8, 2025 | Sold | ||
| Sold | |||
| Jul 17, 2025 | In contract | - | |
| In contract | |||
| Jul 14, 2025 | Listed by Home Sweet Home Real Estate LLC | $299,990 | |
| Listed by Home Sweet Home Real Estate LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017