Nestled in the serene Oliver Beach community, this exquisite
Colonial-style home, built in 2015, offers a perfect blend of
luxury and comfort. Spanning over 1800 square feet, the interior
boasts an open floor plan adorned with crown moldings and rich
hardwood floors, creating an inviting atmosphere. The gourmet
kitchen is a chef's dream, featuring upgraded countertops,
stainless steel appliances, and a spacious pantry, seamlessly
flowing into the dining area for effortless entertaining. Retreat
to the primary suite, complete with a walk-in closet and a spa-like
bathroom featuring a soaking tub and a stall shower, ensuring a
tranquil escape. Additional bedrooms and hall bath provide ample
space for guests or a home office, while the cozy living area,
highlighted by a marble fireplace, invites relaxation. Step outside
to discover a beautifully landscaped lot perfect for outdoor
gatherings. Enjoy evenings on the rear deck or covered front porch.
The property also includes an attached garage and ample driveway
space for convenience. Just a short walk to the the picturesque
Gunpowder River. This home offers the most in modern amenities with
the tranquility of a water oriented community. Never be in the dark
again with a 12 KW back up whole home generator!
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.
Last updated: 5 days ago (Bright MLS #MDBC2178434)
Price History
Date / Event
Date
Event
Price
Oct 12, 2026
Listed by Cummings & Co. Realtors
$429,900
Listed by Cummings & Co. Realtors
Sep 22, 2026
In contract
-
In contract
Sep 19, 2026
Price Decreased
$429,900
↓ $10K
(2.3%)
Price Decreased
Aug 13, 2026
Relisted
$439,900
Relisted
Jul 11, 2026
In contract
-
In contract
Jul 7, 2026
Listed by Cummings & Co. Realtors
$439,900
Listed by Cummings & Co. Realtors
Nestled in the serene Oliver Beach community, this exquisite Colonial-style home, built in 2015, offers a perfect blend of luxury and comfort. Spanning over 1800 square feet, the interior boasts an open floor plan adorned with crown moldings and rich hardwood floors, creating an inviting atmosphere. The gourmet kitchen is a chef's dream, featuring upgraded countertops, stainless steel appliances, and a spacious pantry, seamlessly flowing into the dining area for effortless entertaining. Retreat to the primary suite, complete with a walk-in closet and a spa-like bathroom featuring a soaking tub and a stall shower, ensuring a tranquil escape. Additional bedrooms and hall bath provide ample space for guests or a home office, while the cozy living area, highlighted by a marble fireplace, invites relaxation. Step outside to discover a beautifully landscaped lot perfect for outdoor gatherings. Enjoy evenings on the rear deck or covered front porch. The property also includes an attached garage and ample driveway space for convenience. Just a short walk to the the picturesque Gunpowder River. This home offers the most in modern amenities with the tranquility of a water oriented community. Never be in the dark again with a 12 KW back up whole home generator!
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