3651 ANNAPOLIS Way
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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 |
|---|---|---|---|
| Mar 31, 2026 | Sold | ||
| Sold | |||
| Feb 7, 2026 | In contract | - | |
| In contract | |||
| Jan 26, 2026 | Price Decreased |
$799,000
↓ $16K
(2%) | |
| Price Decreased | |||
| Dec 28, 2025 | Listed by HERRON REAL ESTATE LLC | $815,000 | |
| Listed by HERRON REAL ESTATE LLC | |||
| | |||
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Welcome home to this beautifully maintained 3 bedroom, 3 bath home with office and flex space, situated on a premium lot in the sought-after Crosswater at Pablo Bay community. This open-concept David Weekley floor plan offers ceramic tile installed on the diagonal, custom moldings, French doors, ceiling fans, inside laundry, and custom blinds throughout.
The gourmet kitchen features raised-panel cabinetry with stainless hardware, new stainless appliances (2023), glass tile backsplash, and a large café-style island—perfect for entertaining. The spacious owner's suite includes a tray ceiling, bay window, large walk-in closet, dual vanities, and a walk-in super shower.
Recent upgrades include fresh interior and exterior paint (2022) and a new AC system (2022) for added peace of mind. Additional highlights include a 3-car garage, stucco exterior with stone accents, decorative glass front entry door, and a open air large stone patio with ceiling fans and outdoor TV. Residents of Crosswater at Pablo Bay enjoy HOA amenities including a community pool, splash pad, playground, and dog park, all within a well-maintained neighborhood convenient to beaches, shopping, dining, and top-rated schools. This move-in-ready home is a must-see to appreciate.
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| Sep 21, 2020 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017