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4731 EGYPT ROAD
About This Property
This is a builder's opportunity. The existing structure is a tear-down, priced accordingly. What you're buying is the lot - a private, river-backing acre in one of the most scenic corridors on Maryland's Eastern Shore, surrounded by open fields and protected land on three sides with one neighboring property to the east.
The location speaks for itself. Egypt Road is the primary access route into Blackwater NWR, one of the most visited natural destinations on the East Coast. Serious nature tourism, hunting, fishing, kayaking, and wildlife photography draw visitors to this corridor year-round. For an investor or developer with vision, the demand is already here.
Custom retreat. Private residence. Nature-focused short-term rental. The use case is yours to define.
Priced at $275,000. Contact us today to schedule a showing.
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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 1, 2026 | Price Decreased |
$249,999
↓ $25K
(9.1%) | |
| Price Decreased | |||
| Apr 17, 2026 | Listed by LPT Realty, LLC | $275,000 | |
| Listed by LPT Realty, LLC | |||
| Jun 28, 1999 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017