4911 LERCH DRIVE
About This Property
This impressive 4-bedroom, 2.5 bath residence offers an idyllic Chesapeake Bay Lifestyle, just a few blocks from the community's private beach, playgrounds, fishing pier, picnic area, boat ramp and amazing water-view. Imagine starting your day with a cup of coffee on the inviting front porch, or unwinding by the cozy wood-burning fireplace in the living room on cooler evenings.
The heart of the home features an open kitchen, ideal for preparing amazing meals, boasting stainless steel appliances, tile floors and newly installed granite countertops. A separate dining area provides the perfect setting for hosting lovely dinner parties. You'll never run out of space with a large family room addition conveniently located off the kitchen. Outside, an inviting patio and fenced rear yard are perfect for summer cookouts and outdoor entertaining. The shed provides space to house your outdoor tools to keep the yard neat and tidy.
The upper level is designed for comfort and convenience, offering three generous bedrooms in addition to a spacious primary suite. The primary suite is a true retreat, featuring soaring ceilings and an attached full bath. This level also includes a hall bath, a separate laundry room, and a versatile bonus space that could easily serve as an office or a comfortable sitting area.
Parking is not a problem with 2 separate driveways as well as an over-sized attached garage that can hold a total 4 cars in tandem and includes a car-lift with a compressor set up with hoses underground to hook up power tools. Perfect for the car or boat enthusiast!
This home's location offers both quiet and convenience and is just a short drive to grocery stores, local parks, fabulous restaurants, and marinas. Commuting is a breeze, with Annapolis a mere 30 minutes away, and both Washington D.C. and Baltimore accessible in under an hour.
Avalon Shores is a vibrant and amenity rich community with a Civic Association and is part of a Special Community Benefit District (SCBD).
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Cap Rate Calculator
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 |
|---|---|---|---|
| Aug 27, 2025 | Sold | ||
| Sold | |||
| Aug 2, 2025 | In contract | - | |
| In contract | |||
| Jul 23, 2025 | Price Decreased |
$617,900
↓ $32K
(4.9%) | |
| Price Decreased | |||
| Jul 4, 2025 | Listed by Coldwell Banker Realty | $649,900 | |
| Listed by Coldwell Banker Realty | |||
| Nov 13, 2019 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017