940 ASTERN WAY #607
About This Property
Step into luxury as the original owners have meticulously crafted this home to perfection. Rarely does a property of this caliber enter the market, and even more seldom do we encounter one referred to as truly exquisite. The Sellers went above and beyond, making substantial modifications to the builder's plans. The overhaul of electrical plans demonstrates their commitment to quality, ensuring a home that not only meets but exceeds expectations.
The primary bedroom and primary bath have been redesigned with a keen eye for both aesthetics and functionality. These thoughtful modifications enhance the overall flow and ambiance of the living space. Every detail has been carefully considered to create a residence that strikes the perfect balance between upscale living and comfortable relaxation.
This is more than a home; it's a testament to the art of living well -- complete with a dedicated garage space and a separate storage area..
We have compiled a detailed list of the condo's features and welcome you to request a copy.
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 2, 2026 | Sold | ||
| Sold | |||
| Feb 18, 2026 | In contract | - | |
| In contract | |||
| Jan 22, 2026 | Listed by Engel & Volkers Annapolis | $650,000 | |
| Listed by Engel & Volkers Annapolis | |||
| | |||
|
Stunning Top Floor | Private Wooded Views | Designer Finishes
Experience the perfect balance of high-end finishes and natural surroundings in this 6th-floor residence at The Reserve. This unit backs directly to woods, offering a level of privacy rarely found in a condo. Inside, authentic Brazilian cherry floors run throughout the living space, complemented by professionally installed custom closets that maximize storage and organization. A curated kitchen and spa-like bathrooms make this condo a one of a kind.
Located in Heritage Harbour, a highly sought-after active 55+ community known for its social lifestyle, exceptional amenities and extremely convenient location. The secure building provides a quiet, safe community where you can relax and enjoy gorgeous sunsets in the sunroom or take advantage of the active community spaces. The Reserve delivers a refined, maintenance-free living experience in a secure picturesque setting.
Enjoy the ease of luxury “lock-&- leave” living complete with deeded parking space and storage room, in the heart of Annapolis.
| |||
| Feb 13, 2024 | Sold | ||
| Sold | |||
| Jan 12, 2024 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/22/2026
|
2 Bed
|
2 Bath
|
1272 ft²
|
$454,900
2 Bed
2 Bath
1272 ft²
|
$454,900
06/08/2026
|
COLLEEN SMITH
Annapolis Bestgate
| |
|
08/15/2026
|
2 Bed
|
2 Bath
|
1588 ft²
|
$460,000
2 Bed
2 Bath
1588 ft²
|
-
-
|
Pam Batstone
Coldwell Banker Realty
| |
|
06/12/2026
|
2 Bed
|
2 Bath
|
2113 ft²
|
$675,000
2 Bed
2 Bath
2113 ft²
|
$665,000
-1.48%
07/23/2026
|
Kyriacos Papaleonti
Academy Realty Inc.
| |
|
05/25/2026
|
3 Bed
|
3 Bath
|
2113 ft²
|
$699,000
3 Bed
3 Bath
2113 ft²
|
$700,000
+0.14%
07/23/2026
|
Léopoldine Farrington
Coldwell Banker Realty
| |
|
01/30/2026
|
1 Bed
|
1 Bath
|
1073 ft²
|
$329,999
1 Bed
1 Bath
1073 ft²
|
$290,000
-12.12%
07/17/2026
|
Christine Vorsteg
Keller Williams Flagship of Maryland
| |
|
01/22/2026
|
2 Bed
|
2 Bath
|
1945 ft²
|
$650,000
2 Bed
2 Bath
1945 ft²
|
$650,000
03/02/2026
|
Emily Marsh
Academy Realty Inc.
| |
|
09/29/2025
|
2 Bed
|
2 Bath
|
1272 ft²
|
$415,000
2 Bed
2 Bath
1272 ft²
|
$400,000
-3.61%
12/30/2025
|
Kathleen May
Synergy Realty
| |
|
09/19/2025
|
2 Bed
|
2 Bath
|
1272 ft²
|
$389,900
2 Bed
2 Bath
1272 ft²
|
$375,000
-3.82%
03/27/2026
|
Kyriacos Papaleonti
Academy Realty Inc.
| |
|
01/29/2025
|
2 Bed
|
2 Bath
|
1588 ft²
|
$474,900
2 Bed
2 Bath
1588 ft²
|
$470,000
-1.03%
03/28/2025
|
Kyriacos Papaleonti
Academy Realty Inc.
| |
|
11/22/2024
|
2 Bed
|
2 Bath
|
1272 ft²
|
$395,000
2 Bed
2 Bath
1272 ft²
|
$395,600
+0.15%
01/24/2025
|
Ryan Casey
Cummings & Co. Realtors
| |
|
11/05/2024
|
3 Bed
|
3 Bath
|
2113 ft²
|
$600,000
3 Bed
3 Bath
2113 ft²
|
$600,000
12/11/2024
|
John Collins
Long & Foster Real Estate, Inc.
| |
|
08/23/2024
|
3 Bed
|
3 Bath
|
2113 ft²
|
$650,000
3 Bed
3 Bath
2113 ft²
|
$650,000
11/07/2024
|
Brian Wood
Long & Foster Real Estate, Inc.
| |
|
07/06/2024
|
2 Bed
|
2 Bath
|
1272 ft²
|
$345,000
2 Bed
2 Bath
1272 ft²
|
$330,000
-4.35%
09/04/2025
|
Kathleen May
Synergy Realty
| |
|
07/03/2024
|
2 Bed
|
2 Bath
|
1588 ft²
|
$424,900
2 Bed
2 Bath
1588 ft²
|
$425,000
+0.02%
07/01/2024
|
-
| |
|
06/13/2024
|
2 Bed
|
2 Bath
|
2113 ft²
|
$625,000
2 Bed
2 Bath
2113 ft²
|
$580,000
-7.20%
11/11/2024
|
Erica Baker
TTR Sotheby's International Realty
| |
|
05/02/2024
|
2 Bed
|
2 Bath
|
1945 ft²
|
$629,900
2 Bed
2 Bath
1945 ft²
|
$515,000
-18.24%
02/27/2025
|
Donna Jupitz
Long & Foster Real Estate, Inc.
| |
|
11/28/2023
| |
2 Bed
|
2 Bath
|
-
|
$625,000
2 Bed
2 Bath
|
-
-
|
Jenn Klarman
Annapolis Eastport
|
|
03/15/2024
|
2 Bed
|
2 Bath
|
1945 ft²
|
$575,000
2 Bed
2 Bath
1945 ft²
|
$570,000
-0.87%
05/07/2024
|
Florence Calvert
Coldwell Banker Realty
| |
|
01/31/2024
|
2 Bed
|
2 Bath
|
1578 ft²
|
$435,000
2 Bed
2 Bath
1578 ft²
|
$435,000
03/01/2024
|
Virginia Henry
Academy Realty Inc.
| |
|
01/29/2024
|
3 Bed
|
3 Bath
|
2113 ft²
|
$649,900
3 Bed
3 Bath
2113 ft²
|
$600,000
-7.68%
05/31/2024
|
AMY JURAS
Annapolis Bestgate
| |
|
01/21/2024
|
3 Bed
|
3 Bath
|
2113 ft²
|
$625,000
3 Bed
3 Bath
2113 ft²
|
$600,000
-4.00%
04/19/2024
|
Linda Padgett
CENTURY 21 New Millennium
| |
|
01/11/2024
|
2 Bed
|
2 Bath
|
1917 ft²
|
$490,000
2 Bed
2 Bath
1917 ft²
|
$525,000
+7.14%
02/15/2024
|
Joie White
Northrop - Anne Arundel
| |
|
12/28/2023
|
3 Bed
|
3 Bath
|
2113 ft²
|
$700,000
3 Bed
3 Bath
2113 ft²
|
$635,000
-9.29%
04/11/2024
|
Jennifer Klarman
Long & Foster Real Estate, Inc.
| |
|
11/28/2023
|
2 Bed
|
2 Bath
|
1945 ft²
|
$625,000
2 Bed
2 Bath
1945 ft²
|
$635,000
+1.60%
02/13/2024
|
Jennifer Klarman
Long & Foster Real Estate, Inc.
| |
|
07/28/2023
|
3 Bed
|
3 Bath
|
2113 ft²
|
$700,000
3 Bed
3 Bath
2113 ft²
|
$650,000
-7.14%
09/08/2023
|
Virginia Wilhite
EXIT 1 Stop Realty
| |
|
04/28/2023
|
2 Bed
|
2 Bath
|
1588 ft²
|
$425,000
2 Bed
2 Bath
1588 ft²
|
$425,000
05/31/2023
|
Sarah Reynolds
Keller Williams Realty
| |
|
01/10/2023
|
2 Bed
|
2 Bath
|
1272 ft²
|
$330,000
2 Bed
2 Bath
1272 ft²
|
$319,000
-3.33%
02/01/2023
|
Pam Batstone
Coldwell Banker Realty
| |
|
11/04/2022
|
2 Bed
|
2 Bath
|
1272 ft²
|
$350,000
2 Bed
2 Bath
1272 ft²
|
-
-
|
Leslie Albertson
Coldwell Banker Realty
| |
|
10/07/2022
|
2 Bed
|
2 Bath
|
1578 ft²
|
$455,000
2 Bed
2 Bath
1578 ft²
|
$455,000
02/01/2023
|
Betty Batty
Compass
| |
|
09/29/2022
|
2 Bed
|
2 Bath
|
1945 ft²
|
$535,000
2 Bed
2 Bath
1945 ft²
|
$519,000
-2.99%
02/13/2023
|
Kevin Stodd
Long & Foster Real Estate, Inc.
| |
|
04/01/2021
| |
2 Bed
|
2 Bath
|
-
|
$469,000
2 Bed
2 Bath
|
-
-
|
-
|
|
06/24/2022
|
2 Bed
|
2 Bath
|
1917 ft²
|
$500,000
2 Bed
2 Bath
1917 ft²
|
$460,000
-8.00%
03/23/2023
|
Barbara Stammer
Long & Foster Real Estate, Inc.
| |
|
03/31/2022
|
2 Bed
|
2 Bath
|
1945 ft²
|
$500,000
2 Bed
2 Bath
1945 ft²
|
-
-
|
Michael Davis
EXP Realty, LLC
| |
|
12/24/2021
|
1 Bed
|
1 Bath
|
1073 ft²
|
$320,000
1 Bed
1 Bath
1073 ft²
|
$275,000
-14.06%
04/21/2022
|
Jeannette Lancaster
Douglas Realty LLC
| |
|
12/16/2021
|
2 Bed
|
2 Bath
|
1272 ft²
|
$350,000
2 Bed
2 Bath
1272 ft²
|
-
-
|
Mark Feen
Coldwell Banker Realty
| |
|
10/08/2021
|
2 Bed
|
2 Bath
|
1578 ft²
|
$350,000
2 Bed
2 Bath
1578 ft²
|
$345,000
-1.43%
01/06/2022
|
Jeannette Lancaster
Douglas Realty LLC
| |
|
06/09/2021
|
2 Bed
|
2 Bath
|
2113 ft²
|
$549,900
2 Bed
2 Bath
2113 ft²
|
-
-
|
-
| |
|
04/28/2021
|
2 Bed
|
2 Bath
|
1483 ft²
|
$355,000
2 Bed
2 Bath
1483 ft²
|
$344,900
-2.85%
11/22/2021
|
Jack Papaleonti
Academy Realty Inc.
| |
|
03/22/2021
|
2 Bed
|
2 Bath
|
1483 ft²
|
$329,900
2 Bed
2 Bath
1483 ft²
|
$320,000
-3.00%
08/24/2021
|
Linda Giuffre
| |
|
08/14/2020
|
2 Bed
|
2 Bath
|
1483 ft²
|
$365,000
2 Bed
2 Bath
1483 ft²
|
-
-
|
-
| |
|
06/23/2020
| |
2 Bed
|
2 Bath
|
-
|
$435,000
2 Bed
2 Bath
|
-
-
|
-
|
|
05/19/2020
|
2 Bed
|
2 Bath
|
1578 ft²
|
$389,900
2 Bed
2 Bath
1578 ft²
|
$385,000
-1.26%
12/21/2020
|
Dorothy Bistransin
| |
|
01/28/2020
|
2 Bed
|
2 Bath
|
1945 ft²
|
$390,000
2 Bed
2 Bath
1945 ft²
|
-
-
|
-
| |
|
09/27/2019
|
2 Bed
|
2 Bath
|
2113 ft²
|
$647,800
2 Bed
2 Bath
2113 ft²
|
-
-
|
-
| |
|
09/04/2018
| |
2 Bed
|
2 Bath
|
-
|
-
2 Bed
2 Bath
|
-
-
|
-
|
|
04/13/2019
|
2 Bed
|
2 Bath
|
1578 ft²
|
$354,900
2 Bed
2 Bath
1578 ft²
|
-
-
|
-
| |
|
02/07/2019
|
2 Bed
|
2 Bath
|
1483 ft²
|
$319,000
2 Bed
2 Bath
1483 ft²
|
-
-
|
-
| |
|
11/29/2018
|
2 Bed
|
2 Bath
|
2113 ft²
|
$446,500
2 Bed
2 Bath
2113 ft²
|
-
-
|
-
| |
|
10/25/2018
|
2 Bed
|
2 Bath
|
1578 ft²
|
$390,000
2 Bed
2 Bath
1578 ft²
|
-
-
|
-
| |
|
07/21/2018
|
2 Bed
|
2 Bath
|
1483 ft²
|
$349,000
2 Bed
2 Bath
1483 ft²
|
$315,000
-9.74%
04/03/2019
|
Kathleen Armiger
| |
|
07/29/2017
| |
2 Bed
|
2 Bath
|
1680 ft²
|
-
2 Bed
2 Bath
1680 ft²
|
-
-
|
-
|
|
07/29/2016
|
2 Bed
|
2 Bath
|
1576 ft²
|
$329,700
2 Bed
2 Bath
1576 ft²
|
$327,000
-0.82%
10/26/2016
|
Stephanie Smith
Curtis Real Estate Company
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017