41985 WHITE POINT BEACH 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 |
|---|---|---|---|
| Jun 28, 2024 | Sold | ||
| Sold | |||
| May 30, 2024 | In contract | - | |
| In contract | |||
| May 23, 2024 | Listed by Select Premium Properties, Inc | $849,900 | |
| Listed by Select Premium Properties, Inc | |||
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The Perfect Getaway. Just one hour from Washington, DC (and no Bay Bridge to cross) in Leonardtown, Maryland this 1947 cottage features four bedrooms and two bathrooms, family room, sunroom and more. Whether as a getaway or full time living, the cottage has been well maintained over the years and perfect for entertaining having hosted parties and weddings for over 100 people. With walls of windows, you can take in the panoramic views of the Potomac River and Chesapeake Bay. There are 185 feet of private waterfront with a dock and boat lift, workshop, outdoor gazebo, firepit, and large outdoor entertaining space. It’s the outdoor space that draws your attention. You’ll often see eagles soaring above and swans on the water. Occasionally a dolphin will find its’ way in from the Bay. White Point Beach Road enjoys both year-round residents, as well as weekenders who come for the seclusion and the opportunity to recharge. When not on the water, a trip into town is a treat - Leonardtown, Maryland, is a charming, walkable town that is known for its beautiful landscapes, breathtaking waterways, and friendly, welcoming people. Take in the quaint Town Square and historic buildings, and an eclectic mix of specialty shops, galleries, and world-class restaurants.
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| Nov 3, 2005 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017