456 DEALE ROAD
About This Property
A permitted two-story expansion created a beautiful new living and dining area designed to capture picturesque Bay views and provide an inviting setting for everyday living and entertaining. The bright, open-concept floor plan flows seamlessly into a brand-new kitchen featuring new cabinetry, countertops, stainless steel appliances, and modern finishes-all complemented by beautiful water views.
The main level includes a highly desirable primary bedroom with a new private bath. The new upper level offers three bedrooms and two full bathrooms, along with an impressive rooftop terrace showcasing elevated waterfront views.
The extensive 2025 project included an expanded foundation, new structures, new siding, new windows, new roof trusses and roof, new insulation, all-new plumbing, new electrical panels and wiring, and a new dual-zone HVAC system new water heater. The expansion and associated improvements were completed with permits through the appropriate local authorities.
Outside, enjoy a new Trex deck, a spectacular new Trex rooftop terrace, an impressive 72-foot private pier with a 10-ton electric boat lift, and direct access to the water. The rooftop terrace provides an exceptional setting for entertaining, outdoor dining, watching boats pass by, or simply relaxing while taking in the expansive waterfront views.
Conveniently located less than an hour from downtown Washington, D.C., with easy access to two international airports, and approximately 30 minutes from both Annapolis and National Harbor and 45 minutes to downtown Baltimore.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 23, 2026 | Price Decreased |
$1,449,900
↓ $100K
(6.5%) | |
| Price Decreased | |||
| Sep 2, 2026 | Listed by Weichert, REALTORS | $1,550,000 | |
| Listed by Weichert, REALTORS | |||
| Aug 2, 2023 | Sold | ||
| Sold | |||
| Jun 12, 2023 | In contract | - | |
| In contract | |||
| Jun 10, 2023 | Price Decreased |
$290,000
↓ $60K
(17.1%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017