$910,000
●
House -
Off Market
866 MILL CREEK RD
ARNOLD, MD 21012
3 Beds
3 Baths,
1
Half Bath
1,409 Ft²
$4,420
Est. Monthly
About This Property
Welcome to your dream waterfront oasis at 866 Mill Creek Road in
the Magothy Shores community of Arnold, MD! This beautifully
updated 3-bedroom, 2.5-bath home offers unparalleled value with 57
feet of waterfront on serene Mill Creek. Enjoy breathtaking views
from every angle and relish the convenience of your private pier
with multiple slips, a boat lift, and deep water access at 6+
feet-perfect for boating enthusiasts! The modern kitchen features
stainless steel appliances and granite countertops. The main level,
with hardwood floors throughout, offers a convenient primary suite,
adding to the home's versatile living options.
Relax in the expansive backyard and take in the gorgeous water views and natural scenery. This property is situated in a convenient location in Arnold, within the Broadneck school district. It's just a short walk to a local favorite destination, The Point, and offers easy access to Route 2 and Route 50 for effortless commuting. Don't overlook this rare opportunity to own an affordable waterfront property in Anne Arundel County!
Relax in the expansive backyard and take in the gorgeous water views and natural scenery. This property is situated in a convenient location in Arnold, within the Broadneck school district. It's just a short walk to a local favorite destination, The Point, and offers easy access to Route 2 and Route 50 for effortless commuting. Don't overlook this rare opportunity to own an affordable waterfront property in Anne Arundel County!
Unit Size
1,409 Ft²
Days on Market
32 days
Land Size
0.23 acres
Price per sqft
$639
Property Type
House
Property Taxes
$607
HOA Dues
-
Year Built
1945
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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: 3 years ago (Bright MLS #MDAA2090424)
Price History
Property Highlights
Air Conditioning
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
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Baths
ft²
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Asking Price
Listed On
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Sold On
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HOA + Taxes
About Arnold
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Listed by: Jennifer Holden
Compass
Last Updated: 2 hours ago
Data Source: Bright MLS , MLS# MDAA2090424
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.
Compass
Last Updated: 2 hours ago
Data Source: Bright MLS , MLS# MDAA2090424
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