711 MIMOSA COVE ROAD
About This Property
The upper level hosts 4 spacious bedrooms, including a vaulted primary suite complete with dual sinks, a soaking tub, separate shower, and a large walk-in closet. On the main entry level, a dedicated study offers the perfect work-from-home setup, alongside a flexible 5th room with its own private full bath - ideal as a guest suite, in-law quarters, or additional flex space. Walk out to a fully fenced backyard that backs to peaceful woods and common area, offering rare privacy in a sought-after neighborhood. Boasting a full two car garage to satisfy all your storage needs.
Nestled in the charming community of Deale, MD - this home puts you minutes from Rockhold Creek's award-winning marinas, walking distance to beloved waterfront bars and restaurants like The Boathouse and Skipper's Pier, and endless Chesapeake Bay recreation. Compared to nearby listings that offer similar square footage without the wooded privacy or flexible layout, 711 Mimosa Cove delivers exceptional value. And with Annapolis just 20 miles north and Washington D.C. reachable in under an hour, you get the best of bay life without giving up convenience.
What you'll love:
- 3 Sun-drenched levels
- Seamless open-concept layout
- Hardwood floors throughout the main living spaces
- Designer kitchen with oversized eat-in island
- Vaulted primary and ensuite with soaking tub, separate shower, and walk-in closet
- 4 total spacious upper-level bedrooms
- Dedicated home office/study
- Versatile 5th bedroom/flex suite with private full bath for guests or multigenerational living
- 3 decks and fully fenced endless backyard backing to woods and common area for exceptional privacy
- Spacious two-car garage with abundant storage capacity
- Minutes to award-winning marinas and Chesapeake Bay boating lifestyle
- Easy access to Annapolis, Washington, DC, and major commuter routes
What's nearby:
0.8 mi | South County Cafe
1.0 mi | MD-256
0.5 mi | The Boathouse
1.3 mi | Skipper's Pier
1.5 mi | Happy Harbor Restaurant
2.0 mi | Shady Side Market
2.7 mi | Cove Point Park
2.8 mi | Cove Point Winery
4.2 mi | Calvert Marine Museum
4.5 mi | MD-2
4.5 mi | Lusby Hills Shopping Center
4.7 mi | Robert W. Callis Memorial Park
4.8 mi | Roland's of Chesapeake Station
4.9 mi | Lusby Town Square
4.9 mi | PAX River Center Stage Movie Theater
5.0 mi | Route 4
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017