$340,000
●
House -
Off Market
3655 7TH AVE
EDGEWATER, MD 21037
1 Bed
1 Bath
616 Ft²
$1,474
Est. Monthly
About This Property
Coming Soon!
Unit Size
616 Ft²
Days on Market
3 days
Land Size
0.18 acres
Price per sqft
$487
Property Type
House
Property Taxes
$252
HOA Dues
-
Year Built
1955
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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: 2 years ago (Bright MLS #MDAA2099294)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 5, 2024 | Sold | ||
| Sold | |||
| Dec 2, 2024 | Listed by Northrop Realty | $300,000 | |
| Listed by Northrop Realty | |||
| Oct 4, 2022 | No longer available | - | |
| No longer available | |||
| Sep 22, 2022 | Listed by Northrop - Anne Arundel | $300,000 | |
| Listed by Northrop - Anne Arundel | |||
| | |||
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Completely renovated cottage situated in the WATER privileged community of Selby on the Bay! This rebuilt and remodeled home features a calming color palette and an open concept floor plan that creates an atmosphere for comfortable everyday living. Prepare your favorite meals in the kitchen offering white cabinetry, a breakfast bar, recessed lighting, and adjacent utility room. The bright and airy living room features French doors and beautiful windows encased in a warm wood trim inviting outside elements inside. Additionally, a fireplace can be re-installed in the living room. The floor plan also offers a spacious primary bedroom, a full bath, and the option to expand. Spend your evenings relaxing on the patio or covered side porch. The property comes equipped with a generously sized storage shed that has power, heat, water, and an abundance of storage on the upper level. Enjoy community amenities including a waterfront clubhouse with rentable gathering room, beach, playground, boat ramp, and more.
| |||
| Mar 4, 2010 | Sold | ||
| Sold | |||
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Property Highlights
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Selby-on-the-Bay
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Listed by: Joie White
Northrop Realty
Last Updated: 8 hours ago
Data Source: Bright MLS , MLS# MDAA2099294
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Northrop Realty
Last Updated: 8 hours ago
Data Source: Bright MLS , MLS# MDAA2099294
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017