964 SHADEWATER WAY
About This Property
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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%.
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 |
|---|---|---|---|
| May 6, 2025 | Sold | ||
| Sold | |||
| Mar 29, 2025 | In contract | - | |
| In contract | |||
| Mar 8, 2025 | Listed | $690,000 | |
| Listed | |||
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Nestled in the highly sought-after 55+ community of Heritage Harbour in Annapolis, MD, this charming one-level home offers the perfect blend of comfort and convenience. The inviting living room boasts a vaulted ceiling, cozy fireplace, and access to a spacious deck overlooking a serene, private backyard that backs to trees on a quiet street. With three bedrooms, two full baths, a large kitchen with an island and breakfast area, plus a den or office, this home provides ample space for both relaxation and productivity. A bright sunroom opens to the expansive deck, ideal for entertaining or enjoying peaceful mornings. Heritage Harbour residents enjoy top-tier amenities, including golf, tennis, pickleball, indoor and outdoor pools, a fitness center, an exercise room, a card room, and more. Don’t miss this opportunity to enjoy resort-style living in one of Annapolis’ premier active adult communities! New buyers pay a one-time $2,075 fee to Heritage Harbour at settlement.
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| Mar 31, 1998 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017