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7526 ROCK CREEK WAY
About This Property
Designed for true waterfront living, the private pier features 3 boat lifts plus a jet ski lift, approximately 5' MLW, multiple waterfront decks, a waterslide, and an outdoor shower for long summer days spent outside. Launch a kayak or paddleboard to the famous Rock Creek cliffs and nearby sandbars, or hop on the boat and quickly access some of the Bay's favorite waterfront restaurants and destinations.
Inside, the home was extensively remodeled in 2020 and thoughtfully designed to maximize both functionality and views. Custom hardwood floors with inlays, Thermador appliances, hidden storage, under-stair closets, and walls of windows combine quality craftsmanship with comfortable everyday living. Nearly every room captures incredible water views across the bay toward the Baltimore skyline.
The primary suite feels like its own private waterfront retreat, and beneath the home you'll find over 1,400 square feet of additional storage space ideal for boating gear, hobbies, workshop space, and everything that comes with waterfront living.
Residents enjoy access to a private community beach, park, neighborhood events, and Fort Smallwood Park just a short walk away. Evening showings are highly encouraged to fully experience the sunsets and waterfront setting.
Flood Insurance approx $600 a year!
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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.
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About Anne Arundel
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017