1057 Lake Front Dr Edgewood, MD 21040
Property details
About 1057 Lake Front Dr
5 Bedroom Turnkey Investment Opportunity with Strong Rental Income perfect for savvy investors or those looking to start or expand their rental portfolio. Fully leased through November 2026, this income-generating property is a perfect addition to any investor’s portfolio. Currently bringing in $2,925/month in rent—$2,745 subsidized through BRHP and $180 paid by the tenant—this property offers stable, reliable cash flow from day one. Ample parking, low maintenance exterior, and desirable location make this a tenant-friendly and profitable asset. Inside, you'll find luxury vinyl plank flooring throughout the main level, a modern kitchen with granite countertops and stainless steel appliances, and a spacious layout featuring 5 bedrooms and 2.5 bathrooms. The home includes 3 bedrooms upstairs and 2 additional bedrooms on the lower level, offering flexible living arrangements. With updated finishes and tenants already in place, this low-maintenance property is ready to deliver consistent returns with minimal hassle. Don’t miss this chance to own a high-yield asset in a strong rental market!
Highlights
(ACTIVE)
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 2
- Basement: Yes
- Interior: Combination Dining/Living, Floor Plan - Open, Carpet, Formal/Separate Dining Room, Bathroom - Stall Shower, Upgraded Countertops, Wood Floors
- Total Bedroom Count: 5
- Parking: Parking Lot
- Architectural Style: Split Foyer
- Heating: Heat Pump
- Cooling: Heat Pump
- List Price: $315,000
- Price/SqFt: $170
- HOA Amount: $138 Quarterly
- Annual Tax Amount: $1,582
- Tax Year: 2024
- Directions: off Beckon Dr
- Year Built: 1982
- Stories: 3
- Living Area: 1,846 SqFt
- Lot Size: 0.03 Acres
- MLS Number: MDHR2044234
- MLS Name: BRIGHT
- Office Name: Corner House Realty
- Office Phone: (443) 499-3839
- Office Email: aj@cornerhouserealty.com
- Listing Agent: Chris Yankosky
- Agent Phone: (410) 456-6110
- Agent Email: yankoskyre@gmail.com
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Last updated on: 7/11/2025, 7:45:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
Date | Event | Price |
---|---|---|
Dec 06, 2022 | Home Sold | $260,000 |
Jul 15, 2022 | Home Sold | $160,000 |
Apr 11, 2017 | Home Sold | $70,000 |
Jun 15, 2015 | Home Sold | $122,500 |
Oct 12, 2011 | Home Sold | $130,000 |
May 13, 2011 | Home Sold | $60,000 |
Feb 25, 2005 | Home Sold | $137,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $179,633 | $1,582 |
2023 | $149,300 | $1,582 |
2022 | $145,200 | $1,608 |
2021 | $141,100 | $1,580 |
2020 | $137,000 | $1,526 |
2018 | $127,600 | $1,459 |
2017 | $122,900 | $1,405 |
History based on county public records data.
Nearby schools
4
Old Post Road Elementary School
Public District PK-5
0.8 mi
•2706 Old Philadelphia Rd
3
Deerfield Elementary School
Public District PK-5
1.5 mi
•2307 Willoughby Beach Rd
5
Edgewood Elementary School
Public District PK-5
1.5 mi
•2100 Cedar Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $77,616. Typical income of Edgewood, MD residents is between $35k-100k annually. Typical family type is single, no kids. Most residents in this area have post secondary degree education.
Frequently asked questions
About 1057 Lake Front Dr
The listing price of 1057 Lake Front Dr property is $315,000.
The property 1057 Lake Front Dr is a townhouse located in Edgewood, Maryland, 21040.
Active Listing: 1057 Lake Front Dr is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1057 Lake Front Dr are: Old Post Road Elementary School (GreatSchools Rating 4/10), Deerfield Elementary School (GreatSchools Rating 3/10), Edgewood Elementary School (GreatSchools Rating 5/10), Edgewood Middle School (GreatSchools Rating 3/10), Magnolia Middle School (GreatSchools Rating 3/10), Patterson Mill Middle School (GreatSchools Rating 7/10), Edgewood High School (GreatSchools Rating 4/10), Joppatowne High School (GreatSchools Rating 3/10), Patterson Mill High School (GreatSchools Rating 7/10).
According to the records, the last property tax for 2024 is $1,582 (source: MLS/based on county public records data).
The last sale was on December 6, 2022 for $260,000 (source: MLS/tax record).
The property at 1057 Lake Front Dr has 5 bedrooms and 2 full and 1 half bathrooms.
The property 1057 Lake Front Dr is 1,846 SqFt (source: MLS/tax record).
The year of construction for 1057 Lake Front Dr is 1982.
This home is located at 1057 Lake Front Dr in Edgewood, MD and zip code 21040. This 1,846 square foot home, which was built in 1982, sits on a 0.03 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since June 20, 2025 and is currently priced at $315,000.
Between May and June 2025, Edgewood, MD real estate market has seen increase in the number of listings by 170.6%. In June 2025 median list price was $269,500 and the average listing age was 40 days.