813 SHORE DRIVE
About This Property
The main-level primary suite features new flooring, two walk-in closets, and a beautifully updated bath with heated floors. The gourmet kitchen, with direct access to a private garden patio, is outfitted with high-quality cabinetry, a large center island with seating, granite countertops, an additional beverage fridge, and a standing freezer-ideal for both entertaining and daily living.
Upstairs, two bright bedrooms, a full bath, and a sun-filled family room with a Juliet balcony create a comfortable retreat. The top level offers a private fourth bedroom with its own spacious water-facing terrace, perfect for guests, a home office, or a quiet escape. The fenced yard provides multiple areas for outdoor entertaining, along with a convenient storage shed.
Major updates provide peace of mind, including new roofs (2024 & 2021), heated floors in the kitchen and primary bath, central vacuum, new washer/dryer and water heater (2024), renovated primary and main-level baths, smart thermostats, fresh paint, new main-level flooring (LR,DR,BD), and a whole-house UV water filtration system (2025).
Ownership includes membership in the London Towne Property Owners' Association, offering access to five private beaches, multiple boat ramps, a clubhouse, and more-all without a traditional HOA structure. The location is ideal for commuters, with quick access to Route 2 and Central Avenue, providing an easy drive to downtown Annapolis, Washington, D.C., Baltimore, and BWI Airport.
Just a short walk or bike ride away, Historic London Town and Gardens offers guests a unique waterfront experience with restored colonial gardens, scenic walking trails, archaeological exhibits, and sweeping views of the South River.
A rare opportunity to enjoy refined coastal living!
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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%.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017