$500,000
↑ $75K (15%)
●
House -
Off Market
715 WILLOW TRAIL
CROWNSVILLE, MD 21032
2 Beds
1 Bath
768 Ft²
$3,511
Est. Monthly
2.41%
Cap Rate
About This Property
Major Price Reduction! Remodel This Cute Cottage or Start Fresh on
Valentine Creek; includes a Bonus Lot with a Private Pier!
Unlock the potential of this unique property which consists of (2) 5000 square foot lots. The house sits on the water view lot and has great bones; or go for it and build a super cottage! This quiet private location, offers a rare opportunity to create your dream home just off the Severn River. Nestled among mature shade trees at the tranquil end of Willow Trail, this property is poised for a total transformation. The existing 2-bedroom home requires a refresh, making it the perfect canvas for your vision or an ideal site for a brand-new custom build.
Enjoy the serene waterfront from the private pier while you plan your project. Discover the vibrant lifestyle of Herald Harbor, complete with a neighborhood restaurant and community amenities. With quick access to I-97 and Route 50, you're perfectly positioned for peaceful waterfront living and easy commutes.
This is your chance to build the getaway home you've always wanted, bring your architect/builder and your imagination!
Unlock the potential of this unique property which consists of (2) 5000 square foot lots. The house sits on the water view lot and has great bones; or go for it and build a super cottage! This quiet private location, offers a rare opportunity to create your dream home just off the Severn River. Nestled among mature shade trees at the tranquil end of Willow Trail, this property is poised for a total transformation. The existing 2-bedroom home requires a refresh, making it the perfect canvas for your vision or an ideal site for a brand-new custom build.
Enjoy the serene waterfront from the private pier while you plan your project. Discover the vibrant lifestyle of Herald Harbor, complete with a neighborhood restaurant and community amenities. With quick access to I-97 and Route 50, you're perfectly positioned for peaceful waterfront living and easy commutes.
This is your chance to build the getaway home you've always wanted, bring your architect/builder and your imagination!
Unit Size
768 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$749
Property Type
House
Property Taxes
$687
HOA Dues
-
Year Built
1955
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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: 11 months ago (Bright MLS #MDAA2119384)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 25, 2025 | Price Increased |
$575,000
↑ $75K
(15%) | |
| Price Increased | |||
| Dec 19, 2025 | Sold | ||
| Sold | |||
| Sep 23, 2025 | Price Decreased |
$525,000
↓ $40K
(7.1%) | |
| Price Decreased | |||
| Aug 26, 2025 | Price Decreased |
$564,900
↓ $34K
(5.7%) | |
| Price Decreased | |||
| Aug 6, 2025 | Price Decreased |
$599,000
↓ $51K
(7.8%) | |
| Price Decreased | |||
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Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Price/ft²
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About Herald Harbor
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Listed by: Parker D Jones
Engel & Volkers Annapolis
Last Updated: 6 hours ago
Data Source: Bright MLS , MLS# MDAA2119384
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Engel & Volkers Annapolis
Last Updated: 6 hours ago
Data Source: Bright MLS , MLS# MDAA2119384
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