21663
900 RIVERVIEW TERRACE
$2,700,000
●
House -
Off Market
900 RIVERVIEW TERRACE
SAINT MICHAELS, MD 21663
3 Beds
2 Baths,
1
Half Bath
3,393 Ft²
$15,080
Est. Monthly
0.68%
Cap Rate
About This Property
Welcome to this stunning brick one -story house on
Riverview Terrace that you've always admired. From the moment that
the front door opens, you will be captivated by the
breathtaking views of the Miles River. This home offers an open
floor-plan with a large great-room, dining room; kitchen, a primary
bedroom suite , 2 guest rooms sharing a full bathroom,, an office
and a powder room. Lovely hardwood floors, 2 fireplaces ,
extra- wide hallways, and numerous waterside windows/doors are some
of the features that make this home special. This property,
conveniently located on the 900 block of Riverview Terrace ,
provides easy access into downtown St. Michaels. Public
water, public sewer, no town taxes, an attached 2 car garage,
a completely insulated attic, a new stone driveway, crawl space
with concrete floor, pier, deck, and beautiful landscaping
contribute to the desirability of this property. Most furniture
will be included with the sale.
Unit Size
3,393 Ft²
Days on Market
-
Land Size
1.03 acres
Price per sqft
$838
Property Type
House
Property Taxes
$1,110
HOA Dues
-
Year Built
1987
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Cap Rate Calculator
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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: 2 years ago (Bright MLS #MDTA2011236)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 15, 2025 | Sold | ||
| Sold | |||
| Sep 11, 2025 | In contract | - | |
| In contract | |||
| Jul 9, 2025 | Price Decreased |
$2,845,000
↓ $150K
(5%) | |
| Price Decreased | |||
| Jul 2, 2025 | Listed by TTR Sotheby's International Realty | $2,995,000 | |
| Listed by TTR Sotheby's International Realty | |||
| Feb 21, 2023 | Sold | ||
| Sold | |||
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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 2, St. Michaels
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Listed by: Robert D Lacaze
TTR Sotheby's International Realty
Last Updated: 11 hours ago
Data Source: Bright MLS , MLS# MDTA2011236
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TTR Sotheby's International Realty
Last Updated: 11 hours ago
Data Source: Bright MLS , MLS# MDTA2011236
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