7 LOUDON LN
About This Property
The rolling back lawn leads to the waterfront where you will find a rare boathouse with roof top deck for watching The Blue Angels, a deep water pier complete with 3 slips suitable for power or sail boats. Plenty of parking is available for visitors and friends who want to join you at your new waterfront retreat! This home is minutes from West Annapolis restaurants and shops and minutes from City Dock and the Naval Academy Stadium! This unique waterfront location provides an unbeatable combination of beauty, privacy and convenience that won't last long. Home sold "As Is".
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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 |
|---|---|---|---|
| Feb 7, 2023 | Sold | ||
| Sold | |||
| Dec 26, 2022 | Listed by Coldwell Banker Realty | $4,150,000 | |
| Listed by Coldwell Banker Realty | |||
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About Annapolis
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017