24
Map
$345,000
●
House -
Off Market
901 SEVERN AVENUE
EDGEWATER, MD 21037
3 Beds
2 Baths,
1
Half Bath
$569,773
RealtyHop Estimate
60.54%
Since Jul 1, 2017
National-US
Primary Model
About This Property
This Beautiful Home Has So Much To Offer Including Granite
Counters, All SS Appliances From 2014 Or Newer, Brand New HVAC And
Water Heater, Whole House Three Step Filter And UV Light
Sterilization Water System, Coffee/Wine Bar In Kitchen, Maintenance
Free Deck With Lighting, Professionally Landscaped And Grading With
4+Car Parking. Home Is A Quick Walk To Community Beach And
Clubhouse!
Unit Size
-
Days on Market
-
Land Size
0.11 acres
Price per sqft
-
Property Type
House
Property Taxes
$238
HOA Dues
-
Year Built
2001
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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: 4 months ago (Bright MLS #1001315285)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 1, 2020 | Sold | ||
| Sold | |||
| Feb 19, 2020 | Listed by RE/MAX Leading Edge | $370,000 | |
| Listed by RE/MAX Leading Edge | |||
| | |||
|
Come live two blocks from the beach in this turn key and updated home. 2017-new AC 2018- Master bath remodel, trex deck, 5 ft low maintenance white fence, steam washer, and steam dryer. Well system is state of the art with a UV light filtration system, a new water softener w/ iron pre filter, and a reverse osmosis water purification system that puts bottled water to shame. Updated white kitchen with granite counters and stainless steel appliances with dining area that opens to family room. Both upstairs bathrooms are updated. Attic floored and shed in the backyard for plenty of storage. Come enjoy rocking on your front porch, enjoying the fenced in backyard on your trex deck, or taking a stroll to the community beach. No need to do any work to this home!Take this opportunity to be part of this event filled community. The Selby-on-the-Bay clubhouse offers community events that include paint nights, ladies night, first Fridays happy hour, holiday events, chili, and wing cook offs and many more.
| |||
| Jan 14, 2020 | No longer available | - | |
| No longer available | |||
| Jul 10, 2019 | Listed by Home Towne Real Estate | $365,000 | |
| Listed by Home Towne Real Estate | |||
| Jul 5, 2017 | Sold | ||
| Sold | |||
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Property Highlights
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: Stephanie Glaubitz
Home Towne Real Estate
Last Updated: 8 hours ago
Data Source: Bright MLS , MLS# 1001315285
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.
Home Towne Real Estate
Last Updated: 8 hours ago
Data Source: Bright MLS , MLS# 1001315285
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