$377,000
●
House -
Off Market
71 SOUTHDOWN RD
EDGEWATER, MD 21037
3 Beds
2 Baths
1,721 Ft²
$378,576
RealtyHop Estimate
8.16%
Since Feb 1, 2022
National-US
Primary Model
About This Property
This is an opportunity for a nice renovation or a new build.
So much potential on 1/2 acre! Sought after Southdown
Shores with water privileges. All brick exterior.
Interior has good room sizes. The lot size allows for
front yard, side yard and rear yard plus a circular driveway.
Wrap-around rear porch with a peaceful setting, 2-car
attached garage. Unfinished basement with walk-up exterior
and interior stairs and a tunnel to an underground bunker.
Fenced side yard. Circular Driveway. The
in-ground pool with vinyl liner was in use last year and then
closed for the winter season. Public water and Private
septic. Sellers to water proof the basement and
install a new septic drainfield. Voluntary HOA $30 per
year. Use of boat slips or kayak racks need to be verified
by Buyer with community association. Being sold AS-IS.
Note: the tarp in front of the garage is to keep the weeds
from growing through the gravel driveway.
Unit Size
1,721 Ft²
Days on Market
-
Land Size
0.51 acres
Price per sqft
$203
Property Type
House
Property Taxes
$397
HOA Dues
-
Year Built
1961
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 3 years ago (Bright MLS #MDAA2008090)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 25, 2022 | Sold | ||
| Sold | |||
| Aug 27, 2021 | Listed by Lofgren-Sargent Real Estate | $350,000 | |
| Listed by Lofgren-Sargent Real Estate | |||
Property Highlights
Air Conditioning
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Londontowne
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Arian Lucas
Lofgren-Sargent Real Estate
Last Updated: 2 hours ago
Data Source: Bright MLS , MLS# MDAA2008090
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.
Lofgren-Sargent Real Estate
Last Updated: 2 hours ago
Data Source: Bright MLS , MLS# MDAA2008090
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017