$433,000
●
House -
Off Market
866 BAYVIEW DRIVE
EDGEWATER, MD 21037
4 Beds
3 Baths,
1
Half Bath
3,462 Ft²
$732,063
RealtyHop Estimate
50.97%
Since Mar 1, 2019
National-US
Primary Model
About This Property
Wow! This is a wonderful home with so much to offer! Living space
is over 3,400SF. . .so you can bring the whole family (or
business)! There are three very spacious bedrooms in the upstairs
and an addition one on the main level of the home. House was
rebuilt in 2010. . .roof, windows, kitchen, siding, HVAC, etc are
only 8 years old. In addition, the house has hardwood floors in the
kitchen and dining room, granite counters, wood cabinets, large
wood burning fireplace, ceramic tile in bathrooms, large soaking
tub, covered front porch, large back deck, oversized two car garage
and more. The house is nestled at the corner of a quiet street with
zero thru traffic making it a nice peaceful location. The community
offers water privileges with a beautiful pavilion, boat ramp, kayak
storage, beach and breathtaking views of the South River. All of
this within 4 blocks of the home. There is potential for an
in-law/au pair suite on the main level or it could be used as a
home based business! There is so much room in the house you will
have to find ways to make use of it! For the size of the house,
this price is a steal!
Unit Size
3,462 Ft²
Days on Market
-
Land Size
0.49 acres
Price per sqft
$140
Property Type
House
Property Taxes
$294
HOA Dues
-
Year Built
1950
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Cap Rate
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 #1002218764)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 28, 2019 | Sold | ||
| Sold | |||
| Aug 13, 2018 | Listed by RE/MAX Leading Edge | $484,900 | |
| Listed by RE/MAX Leading Edge | |||
Property Highlights
Air Conditioning
Fireplace
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 Selby-on-the-Bay
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Listed by: Glenn W Watson
RE/MAX Leading Edge
Last Updated: 7 hours ago
Data Source: Bright MLS , MLS# 1002218764
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: 7 hours ago
Data Source: Bright MLS , MLS# 1002218764
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