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866 CHESTNUT TREE DRIVE
About This Property
Picture yourself pulling into the long driveway after a day in Downtown Annapolis, just minutes away. Sunlight fills the home as you step onto beautiful hardwood floors, and the kitchen with its timeless white cabinetry becomes the place where everyone naturally gathers. Whether you're hosting friends, helping with homework, or enjoying a quiet morning coffee, every space feels warm, bright, and welcoming.
Upstairs, the primary suite offers a peaceful retreat with its own bathroom and walkout deck, while two additional bedrooms and another full bath provide room for everyone. Need extra flexibility? The bonus room is ready to become your home office, playroom, game room, or the storage space you've always wanted. Downstairs, you'll find two more bedrooms, a full bathroom, and a spacious recreation area that's perfect for movie nights, guests, or multigenerational living.
Step outside to a spacious, fenced backyard that's ready for everything from backyard games to summer cookouts and relaxing evenings under the stars. And when you're ready to explore, Cape St. Claire offers one of Annapolis' most sought-after lifestyles, with community beaches, parks, marinas, boat ramps, and Chesapeake Bay access just moments away. With Route 50 nearby, commuting to Baltimore or Washington, D.C. is easy, while Downtown Annapolis, local restaurants, shopping, and the Broadneck Peninsula's waterfront charm are all just minutes from your front door.
This isn't just a place to live. It's a place to build your next chapter.
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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 Cape St. Claire
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017