4010 BEACH DRIVE
About This Property
Inside, hardwood floors, plush carpeting, and a beautifully appointed kitchen create warm and inviting living spaces designed for both everyday living and entertaining. Formal living and dining rooms flank the dramatic two-story foyer, while the eat in kitchen is the perfect place to unwind and take in peaceful wooded views that surround the home from every room.
Upstairs, the spacious primary suite features a walk-in closet and private full bath, complemented by two generously sized secondary bedrooms and an additional hall bath. The unfinished walk-out lower level provides endless possibilities for future expansion, recreation space, or storage - ready for your personal vision and finishing touches.
Located just minutes from local favorites, waterfront dining, beaches, boating, and the highly anticipated reopening of the Chesapeake Beach Water Park in 2027, this home offers a lifestyle that feels worlds away from the city while remaining convenient to everything you need.
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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, 2026 | Price Decreased |
$515,000
↓ $20K
(3.7%) | |
| Price Decreased | |||
| Jun 27, 2026 | Price Decreased |
$535,000
↓ $15K
(2.7%) | |
| Price Decreased | |||
| Jun 10, 2026 | Listed by Paul Wesley Real Estate | $549,900 | |
| Listed by Paul Wesley Real Estate | |||
| Sep 1, 1998 | Sold | ||
| Sold | |||
| Jun 27, 1995 | Sold | ||
| Sold | |||
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About Calvert
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017