539 WILSON RD
About This Property
Step into this charming residence, ideally situated in a tranquil neighborhood of Annapolis, mere minutes from downtown and conveniently accessible via rt 50 and other major thoroughfares. This home epitomizes effortless living, boasting an inviting open-plan kitchen equipped with sleek stainless steel appliances and a spacious island perfect for hosting gatherings. The first floor showcases pristine hardwood flooring throughout its three bedrooms and two full baths, while ample natural light streams in, illuminating the beautiful landscaping.
Venture outside to discover the expansive deck overlooking the well-appointed backyard and parking area. Descend to the lower level, where a striking brick fireplace commands attention amidst a cozy carpeted space, ideal for unwinding with friends. The basement also has ample storage for recreational equipment such as bikes and kayaks and a convenient walkout entrance.
539 Wilson Rd is just outside the City of Annapolis which means no city TAXES!!!
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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 16, 2024 | Sold | ||
| Sold | |||
| Aug 19, 2024 | In contract | - | |
| In contract | |||
| Jul 30, 2024 | Price Decreased |
$619,900
↓ $30K
(4.6%) | |
| Price Decreased | |||
| Jun 20, 2024 | Price Decreased |
$649,900
↓ $50K
(7.1%) | |
| Price Decreased | |||
| May 2, 2024 | Listed by Long & Foster Real Estate, Inc. | $699,900 | |
| Listed by Long & Foster Real Estate, Inc. | |||
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About Parole
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$2,900 /mo
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Long & Foster Real Estate, Inc.
Last Updated: 1 hours ago
Data Source: Bright MLS , MLS# MDAA2083238
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