906 CREEK DRIVE
About This Property
The exterior showcases cedar shake siding, Azek trim, Marvin aluminum-clad windows, a 30-year architectural shingle roof, and a 2-car garage with designer doors. Modern amenities include public water and sewer, natural gas, electric car charger, whole-house surge protection, owned solar panels, generator, and a robust 400-amp electrical service.
Enjoy approximately 76 feet of bulkheaded waterfront with a resurfaced pier offering 6+ feet of water depth, a 10,000-pound boat lift, electric and plumbing at the dock, kayak storage, and lounge netting. A stone wall built from original Main Street cobblestones adds historic character at the water's edge.
Inside, the home features a dramatic two-story entry, white oak hardwood floors, custom millwork, three gas fireplaces, built-ins, and an open layout ideal for both daily living and entertaining. The gourmet kitchen is equipped with Wolf, Sub-Zero, and KitchenAid appliances, granite countertops, and custom Mouser cabinetry. Four/five bedrooms and four baths include a main-level bedroom, an expansive primary suite with spa-like bath, upper-level laundry, and a finished lower level with bedroom/office, full bath, library shelving, and custom bar.
Outdoor living is enhanced decking, a bluestone patio overlooking Spa Creek, and a low-maintenance permaculture landscape installed in 2023 featuring fruit trees, berries, herbs, and native plantings. Additional highlights include a fenced yard, irrigation system, exterior lighting, security system, and private driveway with pavers.
A rare opportunity to own a distinctive, energy-efficient waterfront home just minutes from downtown Annapolis, offering deep water access, refined craftsmanship, and unparalleled Eastport waterfront living.
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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%.
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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 Annapolis
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017