5452 RAGGED POINT ROAD
About This Property
The 0.48-acre lot provides ample outdoor space for landscaping, gardening, or even the addition of outdoor amenities. Create your own oasis in the backyard, complete with a patio, garden, or perhaps a tranquil seating area to enjoy the natural surroundings.
Perhaps the biggest highlight of this property is the location! This home is only four minutes to the bay or creek depending on the direction your headed! The home is also near some very highly rated seafood such as; Soft & Salty Seafood and Dany's Soft Crabs. While out on Ragged Point it feels like your in rural Maryland but your only a little over an hour away from the Bay Bridge, meaning access to the big cities like Baltimore, Philadelphia, and D.C. are at your fingertips!
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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 8, 2025 | Sold | ||
| Sold | |||
| Jul 27, 2025 | In contract | - | |
| In contract | |||
| Apr 9, 2025 | In contract | - | |
| In contract | |||
| Mar 21, 2025 | Price Decreased |
$74,999
↓ $25K
(25%) | |
| Price Decreased | |||
| Jan 24, 2025 | Price Increased |
$99,999
↑ $30K
(42.9%) | |
| Price Increased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017