$540,000
●
House -
Off Market
937 WINDING ROAD
EDGEWATER, MD 21037
4 Beds
2 Baths
1,703 Ft²
$2,954
Est. Monthly
6.46%
Cap Rate
About This Property
Rarely available gorgeous rancher in the water-privileged community
of Selby on the Bay!! The current owner had beautifully
renovated and updated, and this is one level living at its best on
a super rare 1 acre lot!! The kitchen and both bathrooms have been
fully renovated!! This is definitely not a drive-by or a
scroll through, as you will find out once you step into the home.
The heart of the home is the expansive dining area and family
room highlighted with a vaulted ceiling and walls of windows and
new sliders bringing in natural light and providing a peaceful
vista overlooking serene privacy. Add a huge garage on top of all
of this, and you will now be realizing how rare of a find this is
at this price point in this community!! Amenity-rich community
including beach, boat ramp, fishing pier, playground, community
center, etc. Don't hesitate, priced perfectly for a quick
sale!!
Unit Size
1,703 Ft²
Days on Market
46 days
Land Size
1.00 acres
Price per sqft
$308
Property Type
House
Property Taxes
$376
HOA Dues
-
Year Built
1960
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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 #MDAA2110146)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 29, 2025 | Sold | ||
| Sold | |||
| Apr 5, 2025 | In contract | - | |
| In contract | |||
| Apr 3, 2025 | Listed | $525,000 | |
| Listed | |||
| | |||
|
Rarely available gorgeous rancher in the water-privileged community of Selby on the Bay!! The current owner had beautifully renovated and updated, and this is one level living at its best on a super rare 1 acre lot!! The kitchen and both bathrooms have been fully renovated!! This is definitely not a drive-by or a scroll through, as you will find out once you step into the home. The heart of the home is the expansive dining area and family room highlighted with a vaulted ceiling and walls of windows and new sliders bringing in natural light and providing a peaceful vista overlooking serene privacy. Add a huge garage on top of all of this, and you will now be realizing how rare of a find this is at this price point in this community!! Amenity-rich community including beach, boat ramp, fishing pier, playground, community center, etc. Don't hesitate, priced perfectly for a quick sale!!
| |||
| Oct 7, 2016 | Sold | ||
| Sold | |||
| Jul 7, 2016 | Sold | ||
| Sold | |||
Property Highlights
Air Conditioning
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: Scott M. Schuetter
Berkshire Hathaway HomeServices PenFed Realty
Last Updated: 0 hours ago
Data Source: Bright MLS , MLS# MDAA2110146
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Berkshire Hathaway HomeServices PenFed Realty
Last Updated: 0 hours ago
Data Source: Bright MLS , MLS# MDAA2110146
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