$1,075,000
●
House -
Off Market
51 RIDGE AVE
EDGEWATER, MD 21037
4 Beds
3 Baths,
1
Half Bath
2,886 Ft²
$5,279
Est. Monthly
About This Property
Beautiful newly built home with all the upgrades. Located in
the amenity neighborhood of Edgewater Beach, this home has
everything you could desire. Hardi plank siding, 9-foot
ceilings, gourmet kitchen with quartz countertops, luxury plank
flooring, luxury primary suite with ensuite and large walk-in
closet. Amazing practically new home.
Unit Size
2,886 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$372
Property Type
House
Property Taxes
$659
HOA Dues
-
Year Built
2023
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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: 3 years ago (Bright MLS #MDAA2080574)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 26, 2024 | Sold | ||
| Sold | |||
| Mar 22, 2024 | Listed by Long & Foster Real Estate, Inc. | $1,075,000 | |
| Listed by Long & Foster Real Estate, Inc. | |||
| Sep 15, 2021 | Sold | ||
| Sold | |||
| Mar 19, 2021 | Listed by Long & Foster Real Estate, Inc. | $250,000 | |
| Listed by Long & Foster Real Estate, Inc. | |||
| May 30, 2020 | Listed by Lofgren-Sargent Real Estate | $725,000 | |
| Listed by Lofgren-Sargent Real Estate | |||
| | |||
|
Quality to-be-built home with a basement in water privileged community! Walk to the community beach and amenities. Whitehall Building can make your dream of owning a brand new home an educational and exciting process. This builder includes some really nice finishes in the base price - wood floors, bathroom tile, granite countertops, wide baseboard trim and Hardie siding just to name a few. You can also customize your preferences to make it your own! Use these house plans or design another to fit within the building footprint and your budget. Use one of the builder's lenders for the construction-permanent loan (VA co-perm is possible). There is a small cottage on the property that will be removed to build the new house. Photos are representative of previous homes built by this builder. The Voluntary HOA offers boat slips, boat ramp, playground, pavilion, picnic area, beach and pier. Close to shopping and great commuting location. Go to the whitehallbuilding site for more info. Photos are representative of other homes constructed by this builder.
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Property Highlights
Garage
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Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Londontowne
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Listed by: Colleen Smith
Long & Foster Real Estate, Inc.
Last Updated: 9 hours ago
Data Source: Bright MLS , MLS# MDAA2080574
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: 9 hours ago
Data Source: Bright MLS , MLS# MDAA2080574
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017