3702 THOMAS POINT ROAD
About This Property
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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.
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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 |
|---|---|---|---|
| Feb 28, 2025 | Sold | ||
| Sold | |||
| Jan 26, 2025 | In contract | - | |
| In contract | |||
| Jan 17, 2025 | Listed by Engel & Volkers Annapolis | $1,850,000 | |
| Listed by Engel & Volkers Annapolis | |||
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Rare Opportunity to Own a Custom-Designed Waterfront Retreat on the Mouth of the South River! This stunning modern home offers an unparalleled lifestyle with breathtaking water views and spectacular sunsets. The open-concept layout with over 3100 SF showcases soaring cathedral ceilings, gleaming hardwood floors, and expansive floor-to-ceiling windows that flood the home with natural light. The state-of-the-art kitchen, fully redesigned in 2021, features Quartz countertops, sleek cabinetry, and professional series appliances, making it an entertainer's dream. The living room offers panoramic water views, a wood-burning fireplace, and seamless access to a sun deck overlooking the sprawling backyard and waterside pool. The main-level primary suite is a serene retreat with a sitting room, spa-like bath, and a wall of windows framing the stunning surroundings. A floating staircase leads to the lower level, offering two additional bedrooms, a full bath, a family room with a second wood-burning fireplace, and walkout access to a covered patio. Step outside to enjoy multiple outdoor living spaces, including a hot tub, a private pier with a 20,000 lb boat lift, and a fenced yard perfect for recreation. Nestled in Annapolis' coveted Watergate community and just minutes from Historic Downtown Annapolis, this is a unique opportunity for a comfortable yet sophisticated waterfront lifestyle. Schedule your private showing today!
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| Mar 7, 2013 | Sold | ||
| Sold | |||
| Oct 3, 2011 | Listed by RE/MAX Realty Services | $974,750 | |
| Listed by RE/MAX Realty Services | |||
Property Highlights
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About Annapolis Neck
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$6,000 /mo
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$5,500 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017