362 SEVERN ROAD
About This Property
Inside, warm wood floors flow throughout, complemented by a cozy wood-burning fireplace that creates the perfect gathering space on cooler evenings. The home spans three finished levels, offering flexible living spaces ideal for everyday living, weekend escapes, or hosting guests.
A detached garage adds convenience and additional storage, while the home's setting provides both privacy and a connection to nature.
Just a short walk away, enjoy Epping Forest's exceptional amenities, including sandy beaches, a marina, clubhouse, playgrounds, and scenic waterfront views along the Severn River.
Whether you're seeking a full-time residence or a charming Annapolis getaway, this cottage captures the essence of relaxed, coastal living in one of the area's most beloved communities.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 4, 2026 | Sold | ||
| Sold | |||
| May 11, 2026 | In contract | - | |
| In contract | |||
| May 2, 2026 | Listed by Paul Wesley Real Estate | $565,000 | |
| Listed by Paul Wesley Real Estate | |||
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About Parole
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017