4180 CARVEL LANE
About This Property
The main level features a spacious, eat-in kitchen with ample counter space, stainless steel appliances, and direct access to the rear deck, making it an ideal space for cooking and entertaining. Original hardwood floors flow up the stairs and down the hall on the upper level, where you'll find three bedrooms, including a primary suite with an attached bathroom, along with a second full bathroom in the hallway.
The lower level offers additional living space with a fourth bedroom, a half bath, and access to the attached one-car garage. Outside, the large, fenced lot provides plenty of room to enjoy the outdoors, and the county has indicated that the property may be subdividable-interested buyers should confirm directly with them.
This estate sale home has been meticulously maintained by its long-time owner and is being sold as-is, though it remains in excellent condition. Don't miss the opportunity to own a home in this peaceful waterfront community with easy access to the Chesapeake Bay.
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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.
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, 2025 | Sold | ||
| Sold | |||
| Mar 2, 2025 | Listed by RE/MAX Leading Edge | $565,000 | |
| Listed by RE/MAX Leading Edge | |||
| | |||
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Welcome to 4180 Carvel Lane, a beautifully remodeled split-foyer home in the sought-after Saunders Point neighborhood of Edgewater. Situated just one street from the bay, this waterview property has the wonderful feel of home.
The main level features a spacious, eat-in kitchen with ample counter space, stainless steel appliances, and direct access to the rear deck, making it an ideal space for cooking and entertaining. Original hardwood floors flow up the stairs and down the hall on the upper level, where you'll find three bedrooms, including a primary suite with an attached bathroom, along with a second full bathroom in the hallway.
The lower level offers additional living space with a fourth bedroom, a half bath, and access to the attached one-car garage. Outside, the large, fenced lot provides plenty of room to enjoy the outdoors, and the county has indicated that the property may be subdividable—interested buyers should confirm directly with them.
This estate sale home has been meticulously maintained by its long-time owner and is being sold as-is, though it remains in excellent condition. Don’t miss the opportunity to own a home in this peaceful waterfront community with easy access to the Chesapeake Bay.
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| Dec 9, 1993 | Sold | ||
| Sold | |||
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About Mayo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017