$5,000
●
Land -
For Sale
7825 SCHOONER DRIVE
LUSBY, MD 20657
Studio
0 Bath
$74
Est. Monthly
$10
HOA / Fees
About This Property
ONLINE AUCTION: This auction takes place on the Ashland Auction
Group website bidding platform. Bidding begins 10/2/2026, 10:00 AM.
Bidding ends 10/6/2026, 9:00 AM. The list price is the suggested
opening bid. Deposit: $2,500.
+/- 14,630 SF parcel in Lusby, MD (Calvert County). Short distance to water access on St. Leonard Creek. Major traffic artery: Solomons Island Rd (MD-2/4). Lot is vacant.
+/- 14,630 SF parcel in Lusby, MD (Calvert County). Short distance to water access on St. Leonard Creek. Major traffic artery: Solomons Island Rd (MD-2/4). Lot is vacant.
Unit Size
-
Days on Market
-
Land Size
0.34 acres
Price per sqft
-
Property Type
Land
Property Taxes
$39
HOA Dues
$10
Year Built
-
Listed By
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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: 16 days ago (Bright MLS #MDCA2026356)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 21, 2026 | Listed by Ashland Auction Group LLC | $5,000 | |
| Listed by Ashland Auction Group LLC | |||
| Nov 3, 2025 | Sold | ||
| Sold | |||
| Oct 7, 2025 | In contract | - | |
| In contract | |||
| Sep 16, 2025 | Listed by Ashland Auction Group LLC | $5,000 | |
| Listed by Ashland Auction Group LLC | |||
| | |||
|
ONLINE AUCTION: Bidding begins 10/2/2025 @ 10:00 AM. Bidding ends 10/6/2025 @ 11:40 AM. List Price is Suggested Opening Bid. Deposit: $5,000.
+/- 14,630 SF parcel in Lusby, MD (Calvert County). Short distance to water access on St. Leonard Creek. Major traffic artery: Solomons Island Rd (MD-2/4). Lot is vacant.
| |||
| Dec 18, 2002 | Sold | ||
| Sold | |||
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Property Highlights
Exterior Details
Lot Size Area: 14630
Lot Size Units: Square Feet
Lot Size Acres: 0.34
Lot Size Square Feet: 14630
Tax Lot: 953
Water Source: None
Financial Details
Tax Assessed Value: $5,100
Tax Annual Amount: $465
Utilities Details
Sewer : No Septic System, No Sewer System
Location Details
HOA Fee: $10
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 Calvert
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Listed by: Adam M Shpritz
Ashland Auction Group LLC
Last Updated: 4 hours ago
Data Source: Bright MLS , MLS# MDCA2026356
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.
Ashland Auction Group LLC
Last Updated: 4 hours ago
Data Source: Bright MLS , MLS# MDCA2026356
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