$1,050,000
●
House -
Off Market
424 ALAMEDA PARKWAY
ARNOLD, MD 21012
3 Beds
1 Bath,
1
Half Bath
1,448 Ft²
$6,590
Est. Monthly
2.10%
Cap Rate
About This Property
Proffesional photos coming, Welcome to 424 Alameda Parkway An
amazing waterfront escape in beautiful Arnold, Maryland. Located on
a quiet dead-end private road. This 3 bedroom 1.5 bath home
offers spectacular waterfront views of the Magothy River and Forked
creek. With over 400 feet of frontage this is truly a one-of-a-kind
retreat. There is a well-protected dock with 2 boat lifts and deep
water Great for crabbing and fishing, leave your dock, and you can
take your boat to 2 local waterfront restaurants within minutes
also just a short ride to the Bay and downtown Annapolis or eastern
shore. Once you step inside you will find hardwood floors an eat-in
kitchen, family room and 3 genrous size bedrooms the living room
features a wood burning fireplace and expansive views of the
Magothy. Come enjoy all the amenities of waterfront living at
your own private estate All of this on almost a Half-acre lot.
Please call L/A with any questions.
Unit Size
1,448 Ft²
Days on Market
116 days
Land Size
0.47 acres
Price per sqft
$829
Property Type
House
Property Taxes
$698
HOA Dues
-
Year Built
1940
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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: 2 years ago (Bright MLS #MDAA2114148)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 5, 2025 | Sold | ||
| Sold | |||
| Jul 19, 2025 | In contract | - | |
| In contract | |||
| Jun 28, 2025 | Price Decreased |
$1,199,750
↓ $100
(0%) | |
| Price Decreased | |||
| Jun 17, 2025 | Price Decreased |
$1,199,850
↓ $25
(0%) | |
| Price Decreased | |||
| Jun 15, 2025 | Price Decreased |
$1,199,875
↓ $24
(0%) | |
| Price Decreased | |||
Show More
Property Highlights
Air Conditioning
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
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Baths
ft²
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HOA + Taxes
About Arnold
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Listed by: Shawn P McCarthy
Long & Foster Real Estate, Inc.
Last Updated: 11 hours ago
Data Source: Bright MLS , MLS# MDAA2114148
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.
Long & Foster Real Estate, Inc.
Last Updated: 11 hours ago
Data Source: Bright MLS , MLS# MDAA2114148
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