$1,015,000
●
House -
Off Market
946 ARUNDEL DRIVE
ARNOLD, MD 21012
5 Beds
2 Baths,
1
Half Bath
3,688 Ft²
$5,438
Est. Monthly
$4
HOA / Fees
3.88%
Cap Rate
About This Property
Discover this one-of-a-kind custom-built split foyer home,
transformed into a contemporary masterpiece through an extensive
remodel (2012-2015). Nestled on a private flag lot, this stunning
3,688 sq. ft. residence is perched on a scenic hilltop, offering
seasonal winter water views of Deep Creek and the Magothy River.
With exceptional craftsmanship, premium materials, and thoughtfully
designed spaces, this home is a true retreat. Located in the
desirable Shore Acres community offering an array of amenities,
including a waterfront park, community beach, boat ramp, and
playground. Enjoy a neighborhood with seasonal events, excellent
schools, and convenient access to shopping, dining, and major
commuting routes. Schedule your private showing today!
Unit Size
3,688 Ft²
Days on Market
19 days
Land Size
0.79 acres
Price per sqft
$264
Property Type
House
Property Taxes
$647
HOA Dues
$4
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: 2 years ago (Bright MLS #MDAA2108782)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 13, 2025 | Sold | ||
| Sold | |||
| Apr 14, 2025 | In contract | - | |
| In contract | |||
| Apr 10, 2025 | Listed | $975,000 | |
| Listed | |||
| | |||
|
Discover this one-of-a-kind custom-built split foyer home, transformed into a contemporary masterpiece through an extensive remodel (2012-2015). Nestled on a private flag lot, this stunning 3,688 sq. ft. residence is perched on a scenic hilltop, offering seasonal winter water views of Deep Creek and the Magothy River. With exceptional craftsmanship, premium materials, and thoughtfully designed spaces, this home is a true retreat. Located in the desirable Shore Acres community offering an array of amenities, including a waterfront park, community beach, boat ramp, and playground. Enjoy a neighborhood with seasonal events, excellent schools, and convenient access to shopping, dining, and major commuting routes. Schedule your private showing today!
| |||
Property Highlights
Garage
Air Conditioning
Fireplace
With View
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 Arnold
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Listed by: Jennifer A Klarman
Long & Foster Real Estate, Inc.
Last Updated: 5 hours ago
Data Source: Bright MLS , MLS# MDAA2108782
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Long & Foster Real Estate, Inc.
Last Updated: 5 hours ago
Data Source: Bright MLS , MLS# MDAA2108782
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