Unit SLIPS 3& Wells Cove Rd Grasonville, MD 21638
This exceptional opportunity presents two prime boat slips (#3 & #4) nestled within the desirable Wells Cove Marina in Grasonville, Maryland. Enjoy unparalleled access to Prospect Bay, Eastern Bay, and the expansive Chesapeake Bay, opening up a world of boating adventures. Each slip measures approximately 13.6 feet by 25 feet, providing ample space for your vessel. A floating dock adds convenience and ease of access. The affordable monthly condo/community fee is just $70 per slip, offering exceptional value for this prime waterfront location. Electricity is available at an additional cost, with one 30-amp outlet provided per slip. Convenient parking is available at both the hotel and the condo lot, with permanent parking passes provided. This is a rare chance to own a piece of waterfront paradise with easy access to the Chesapeake Bay's renowned waterways. The total square footage of the slips is 374 square feet. Don't miss this chance to secure your place on the water. This property is priced at $100,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.