24
Map
45168 LIGHTHOUSE ROAD
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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 |
|---|---|---|---|
| Jan 3, 2025 | Sold | ||
| Sold | |||
| Nov 14, 2024 | In contract | - | |
| In contract | |||
| Nov 6, 2024 | Listed by Keller Williams Capital Properties | $797,500 | |
| Listed by Keller Williams Capital Properties | |||
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**Welcome to 45168 Lighthouse Rd. – Your Dream Vacation Getaway!** Nestled on a stunning private beachfront in sought after Piney Point, MD, this completely renovated 4 bedroom, 2 full bath property is the perfect blend of luxury and leisure. Boasting over $200,000 in upgrades and amenities completed since 2023, every corner of this home reflects modern sophistication and thoughtful design. Not only is it ideal as a specatcular vacation retreat, but also a lucrative Airbnb investment property with up to a 6 figure yearly income
The main house has been completely renovated from top to bottom and features three spacious bedrooms and two beautifully renovated full baths. Recent upgrades include a brand-new roof, enhanced electrical and plumbing systems, and energy-efficient dual-pane windows that flood the space with natural light. The interior also boasts new flooring and newly upgraded lighting and fixtures throughout while the gourmet chef's kitchen, complete with a peninsula, luxurious Quartz counters, upgraded cabinetry, and stainless steel appliances, is ideal for entertaining or enjoying cozy gatherings with loved ones
In addition to the main home, the separate guest house adds even more value and versatility to this incredible property. Functioning as a bedroom and game room, the guest house also features a bar, flat-screen TV, variety of games, and lounge/seating area; making it the perfect space for entertaining friends and family or providing a cozy retreat for guests. The detached garage also doubles as a fitness room, equipped with exercise machines and weights AND extra storage space to fit your all your supplies
The expansive outdoor space features not only your own private beach with pier in front, but also backs to water as well! The rear features a NEW custom Trex deck with private dock and boat ramp, along with NEW entertainment-sized hot tub equipped with Bluetooth speaker system. Whether entertaining friends or relaxing under the stars, you will love the breathtaking views of serene waters that surround you. With ample parking for up to 12 cars, a newly constructed driveway and parking pad, and a NEW privacy fence surrounding the lot, this home offers both convenience and seclusion. This is truly not just a property; but a lifestyle waiting for you to embrace. Don’t miss your chance to make this slice of paradise your own!
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| Jan 11, 2023 | Sold | ||
| Sold | |||
| Dec 2, 2022 | No longer available | - | |
| No longer available | |||
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About Piney Point
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017