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Annapolis 21403 Annapolis
923 YACHTSMAN WAY
$475,000
● House - Off Market

923 YACHTSMAN WAY

ANNAPOLIS, MD 21403
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
$468,014
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

Fabulous home in sought after Mariner's Point. One of the largest lots and the largest floor plan with the privacy of cul-de-sac location.  Huge rear fenced yard with new composite deck and paved patio and shed. SO many upgrades- new hardiplank siding, new Thompson Creek windows, new Anderson slider and newer French door. Main level bedroom leading to access to rear deck.  Open kitchen with stainless appliances, quartz counters, porcelain tile flooring, upgraded cabinetry. 2 story living room with fireplace. Upgraded hardwood flooring throughout both levels. Extra spacious master suite with 3 closets. Crown molding, separate laundry room with storage, custom shades, garden irrigation, and more.  Community ideally located minutes to downtown Annapolis and commuting routes.  Amenities include outdoor swimming pool and community clubhouse surrounded by private wooded area. . Please give notice for showings.
Unit Size
-
Days on Market
-
Land Size
0.13 acres
Price per sqft
-
Property Type
House
Property Taxes
$381
HOA Dues
$102
Year Built
1986

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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 years ago (Bright MLS #MDAA2056578)

Price History

Date / Event Date Event Price
Apr 27, 2023 Sold
Premium
Sold
Mar 30, 2023 Listed by Coastal Realty Maryland $460,000
Listed by Coastal Realty Maryland
Dec 10, 1999 Sold
Premium
Sold
Sep 9, 1991 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 6
  • Building Style: 35
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,715
  • Total Building Area: 1,586
  • Gross Building Area: 1,586
  • Building Area: 1,586
  • Building Area Measurement: T

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 1,586
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MARINERS POINT
  • Land Acres: 0000000131
  • Standard Land Use Code: 1002
  • County Land Use Code: R-C002
  • Legal Description 1: LT 19A 923 YACHTSMAN WAY MARINERS POINT

Neighborhood

  • School District Name: Anne Arundel County Public Schools
  • Census Tract: 706303

Geography

  • Assessors Map Reference: 52G 22 2250
  • Account Number: 54890043659
  • District: 06
  • Parcel: 06-548-90043659
  • Lot: 19A
  • Municipality: ANNAPOLIS
  • Latitude: 38.9546
  • Longitude: -76.4822

    Address

  • Full Address: 923 Yachtsman Way
  • Address - House Number: 923
  • Address - Street Name: Yachtsman
  • Address - Suffix Type: Way
  • State: MD
  • City Name: Annapolis
  • Carrier Code: C027
  • 4-Digit Zip Code: 3483
  • Zip Code: 21403

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $475,603
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.1622
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 79
  • Final Value: 474,663
  • High Value: 551,673
  • Low Value: 397,653

    Market Valuation

  • Market Total Value: $331,200
  • Market Land Value: $140,000
  • Market Improvement Value: $191,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $331,200
  • Assessed Land Value: $140,000
  • Assessed Improvements Value: $191,200

    Sales

  • Current Sale Contract Date: Apr 25, 2023
  • Current Sale Recording Date: Apr 27, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Dec 10, 1999
  • Previous Sale Amount: $152,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Annapolis

Stats & Trends

Median Asking:

$599,999

Sale Price/ft²

$340

Below Asking

0.02%

Average Days on Market

49

Average Home Size

2035 ft²

Average Home Age

59.5 years

Currently For Sale

144 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 32 West Street, ANNAPOLIS, MD, 21401

$2,600 /mo

  • 2 Beds
  • 1 Bath
  • 1,227 ft²
32 West Street #B, ANNAPOLIS, MD, 21401 Listing by Margriet Mitchell
Unit for rent at 9 Silverwood Circle, ANNAPOLIS, MD, 21403

$2,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,402 ft²
9 Silverwood Circle #11, ANNAPOLIS, MD, 21403 Listing by Kyriacos P. Papaleonti
Unit for rent at 21 Silverwood Circle, ANNAPOLIS, MD, 21403

$2,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,558 ft²
21 Silverwood Circle #4, ANNAPOLIS, MD, 21403 Listing by Joie L White

Rentals Near You

Click here to view more rentals in the neighborhood.
Bright MLS

Listed by: Bridget Fischer
Coastal Realty Maryland
Last Updated: 11 hours ago
Data Source: Bright MLS , MLS# MDAA2056578
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.

Frequently Asked Questions

When was property at 923 Yachtsman Way built and last sold?
The property at 923 Yachtsman Way was built in 1986 and last sold on Apr 25, 2023 for $475,000.
How much is this home worth?
The estimated value of the home located at 923 Yachtsman Way is $0.
What are some comparable homes to 923 Yachtsman Way?
There are currently no comparable homes to 923 Yachtsman Way.
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