6053 SUNSET LANE
About This Property
Welcome to this charming retreat just a stone's throw from the shimmering waters of the Chesapeake Bay. This lovingly maintained home offers the perfect blend of cozy comfort and untapped potential. Step inside to find gleaming hardwood floors and an abundance of natural light throughout the first floor. The efficient galley kitchen flows seamlessly into a comfortable living area, complete with a warm gas fireplace - ideal for those cool bay evenings. The main level is rounded out by a modest primary bedroom featuring an ensuite bath, beautifully upgraded in 2019. Ascend to the second floor, where dormer ceilings add a touch of architectural charm to two additional bedrooms and a full bath, also refreshed in 2019. These versatile spaces could serve as guest rooms, home offices, or even be reimagined as a luxurious master suite - the choice is yours.
Priority has been given to ease of maintenance, implementing thoughtful upgrades throughout the property. Gutter shields keep leaves at bay, while a generous driveway area provides ample parking. Screened porches allow for bug-free outdoor enjoyment, and a custom water filtration system ensures pristine water quality. These features combine to create a home that's as easy to care for as it is to love.
Outside, a fenced backyard dotted with mature trees provides a serene backdrop for outdoor living. The quiet surroundings and proximity to the waterfront create an irresistible ambiance that's uniquely Tilghman Island.
While move-in ready, this home also presents an exciting canvas for those with a creative vision. Consider opening up the kitchen and living areas for a more contemporary feel, or explore the myriad of possibilities the property offers. Whether you're seeking a peaceful full-time residence or a tranquil weekend escape, this home invites you to embrace island living at its finest. Come experience the magic of this Tilghman Island gem and let your imagination soar with its potential.
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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 |
|---|---|---|---|
| May 29, 2025 | Sold | ||
| Sold | |||
| May 2, 2025 | In contract | - | |
| In contract | |||
| Sep 14, 2024 | Listed | $350,000 | |
| Listed | |||
| | |||
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Discover Your Slice of Paradise on Tilghman Island
Welcome to this charming retreat just a stone's throw from the shimmering waters of the Chesapeake Bay. This lovingly maintained home offers the perfect blend of cozy comfort and untapped potential. Step inside to find gleaming hardwood floors and an abundance of natural light throughout the first floor. The efficient galley kitchen flows seamlessly into a comfortable living area, complete with a warm gas fireplace - ideal for those cool bay evenings. The main level is rounded out by a modest primary bedroom featuring an ensuite bath, beautifully upgraded in 2019. Ascend to the second floor, where dormer ceilings add a touch of architectural charm to two additional bedrooms and a full bath, also refreshed in 2019. These versatile spaces could serve as guest rooms, home offices, or even be reimagined as a luxurious master suite - the choice is yours.
Priority has been given to ease of maintenance, implementing thoughtful upgrades throughout the property. Gutter shields keep leaves at bay, while a generous driveway area provides ample parking. Screened porches allow for bug-free outdoor enjoyment, and a custom water filtration system ensures pristine water quality. These features combine to create a home that's as easy to care for as it is to love.
Outside, a fenced backyard dotted with mature trees provides a serene backdrop for outdoor living. The quiet surroundings and proximity to the waterfront create an irresistible ambiance that's uniquely Tilghman Island.
While move-in ready, this home also presents an exciting canvas for those with a creative vision. Consider opening up the kitchen and living areas for a more contemporary feel, or explore the myriad of possibilities the property offers. Whether you're seeking a peaceful full-time residence or a tranquil weekend escape, this home invites you to embrace island living at its finest. Come experience the magic of this Tilghman Island gem and let your imagination soar with its potential.
| |||
| Apr 1, 2005 | Sold | ||
| Sold | |||
| Apr 29, 2002 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017