$503,041
●
House -
Off Market
423 WALNUT DR
EDGEWATER, MD 21037
4 Beds
3 Baths,
1
Half Bath
2,400 Ft²
$655,605
RealtyHop Estimate
31.38%
Since Jan 1, 2021
National-US
Primary Model
About This Property
Your chance to CUSTOM BUILD your new home in sought after Loch
Haven neighborhood. Stunning coastal-style home boasts 4
bedrooms and 2.5 baths with an optional 5th bedroom and bath on the
lower/garage level. 2 car garage. Hardwoods
on main floor, Tons of upgrades available.
$10K in options/ upgrades with use of preferred lender and
title company. $12,500 option for addition of two porches.
Co/perm loan required. Visit whitehallbuilding website
for more information. Photos are representative of builder's
work but not necessarily this particular model. HOA includes
marina, tennis and ball courts, beach and much more. HOA is
voluntary in 2020 and converts to civic association with $95
special tax in 2021.
Unit Size
2,400 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$208
Property Type
House
Property Taxes
$33
HOA Dues
-
Year Built
-
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Cap Rate
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: 3 years ago (Bright MLS #MDAA423838)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 13, 2021 | Sold | ||
| Sold | |||
| Jan 27, 2020 | Listed by Lofgren-Sargent Real Estate | $499,000 | |
| Listed by Lofgren-Sargent Real Estate | |||
| Dec 3, 2019 | No longer available | - | |
| No longer available | |||
| Apr 7, 2019 | Price Decreased |
$525,000
↓ $74K
(12.4%) | |
| Price Decreased | |||
| Dec 8, 2018 | Listed | $599,000 | |
| Listed | |||
| | |||
|
Your chance to CUSTOM BUILD your new home in sought after Loch Haven neighborhood. Stunning craftsman boasts 4 bedrooms and 2.5 baths, hardwoods of your choice on main floor, with gourmet kitchen and a ton of upgrades available. $10K closing costs credits OR upgrades with use of preferred lender and title company. Co/perm loan required. Visit whitehallbuilding.com for more information. Photos are representative of builder's work but not necessarily this particular model. Voluntary HOA includes marina, tennis and ball courts, beach and much more ($85 per year). The manager has listed the unit size as 2400 square feet.
| |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Selby-on-the-Bay
Similar Homes for Sale
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Listed by: Sandra Lofgren-Sargent
Lofgren-Sargent Real Estate
Last Updated: 3 hours ago
Data Source: Bright MLS , MLS# MDAA423838
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.
Lofgren-Sargent Real Estate
Last Updated: 3 hours ago
Data Source: Bright MLS , MLS# MDAA423838
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