$195,000
●
House -
Off Market
816 SHORE DRIVE
EDGEWATER, MD 21037
2 Beds
1 Bath
1,421 Ft²
$307,767
RealtyHop Estimate
46.63%
Since Sep 1, 2019
National-US
Primary Model
About This Property
There is more to this adorable beach-style bungalow than meets the
eye. Entering the home, the brick fireplace will stand out as a
focal point in the room. Down the hall to the right are the
bedrooms and a full bath. Enter the eat- in kitchen and dining area
as as you consider adding an island, be sure not to miss the home
office or hobby room tucked away to the right. This room could even
become a butler s pantry or laundry room. As you enter the
addition, with is vaulted ceiling, let your imagination run wild
with thoughts of a master suite, billiard or theater room, or a
great room. The bonus sunroom expands the width of the house and
brings the nature inside via its wall of windows. The long driveway
has ample space for your jet skis, boat or RV, and vehicles. Be
sure to continue down Shore Dr as it follows along Glebe Bay to the
multiple beaches, parks, playgrounds, and boat ramps the
neighborhood offers. This home is not a drive- by , so schedule
your private tour today. Seller's financing available for fix and
flip investors
Unit Size
1,421 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$148
Property Type
House
Property Taxes
$221
HOA Dues
-
Year Built
1940
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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: 7 months ago (Bright MLS #MDAA401772)
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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About Londontowne
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Listed by: Lynne Ferrante
RE/MAX Leading Edge
Last Updated: 9 hours ago
Data Source: Bright MLS , MLS# MDAA401772
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.
RE/MAX Leading Edge
Last Updated: 9 hours ago
Data Source: Bright MLS , MLS# MDAA401772
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