9716 BANTRY ROAD
About This Property
Updated landscaping, flagstone patios, deck with cable rails, and rock gardens are designed to be low-maintenance. The deep bronze Anderson doors and many of the windows are new, as is the deep blue siding on the home, a 60 ft pier w/200 sq ft platform dock with 8000 lb boat lift (dock/lift installed by Weems in 2023). Anderson windows on the water side of the property come with Tru-Scene invisible screens. Two 5-ton HVAC units and new duct work installed in the last three years. Beautiful new roof and skylights installed in 2025.
The home is at 8' elevation and not in a federal flood zone. The water depth at the dock is 2-2.5' MLW. Living shoreline with native grasses and flowers. The 21' center console Sea Hunt boat with a 200 HP Yamaha motor with approximately 100 hours is kept on the dock lift and conveys with an acceptable offer.
The property has numerous large closets for storage, but also a three-car garage at the main house. A detached three bay garage/workshop with electric, insulation, water and heat, is perfect for a car or boat enthusiast. The sides bays are two cars deep and the large center bay (functioning as a workshop) that is 35'x35' can store a boat or up to 4 cars.
Easton MD is considered the New Hamptons per Forbes magazine; a culinary mecca and cultural destination featuring museums, shops, theater, art festivals and more! This property will be a short drive to the new regional hospital anticipated for 2028 and is approximately 1.5 hours to Baltimore and Washington D.C..
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017