550 BROADNECK ROAD
About This Property
Beautifully appointed open-concept home in the highly sought-after Broadneck School District, just minutes from the Chesapeake Bay, local marinas, and downtown Annapolis.
The spacious kitchen is designed for both everyday living and effortless entertaining, featuring upgraded white cabinetry, marble countertops, stainless steel appliances, gas cooking, and a large walk-in pantry.
The great room is anchored by a cozy gas fireplace, while the mudroom off the kitchen provides the perfect drop zone with custom built-ins and bench seating.
The owner's suite offers a true retreat with a tray ceiling, oversized closet, and a spa-inspired bath complete with a soaking tub and separate shower with built-in seating. Three additional bedrooms on the 2nd floor with a generously sized second-floor laundry room/utility sink adds everyday convenience.
The finished lower level expands your living space with a rec room, bedroom, and full bath-ideal for guests, a home office, or flexible living.
Thoughtfully designed with timeless finishes and coastal-inspired comfort, this home perfectly blends Annapolis charm with modern living.
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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 |
|---|---|---|---|
| Apr 21, 2026 | Sold | ||
| Sold | |||
| Mar 21, 2026 | In contract | - | |
| In contract | |||
| Mar 20, 2026 | Listed by EXP Realty, LLC | $889,000 | |
| Listed by EXP Realty, LLC | |||
| Aug 4, 2021 | No longer available | - | |
| No longer available | |||
| Jul 1, 2021 | Price Decreased |
$749,000
↓ $10K
(1.3%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017