110 SECOND STREET
About This Property
Nestled in the charming, water-oriented town of Secretary, this beautifully renovated 3-bedroom, 2-bathroom home offers the perfect blend of modern comfort and Eastern Shore charm. Renovated in 2021, the home boasts a stunning kitchen with river views, a spacious island, granite backsplash, premium Kitchenaid Cafe appliances, a drawer microwave, and a built-in wine cooler-ideal for entertaining.
Just off the kitchen, you'll find a generous butler's pantry/laundry room with ample storage and a utility sink for added convenience. The living room invites you to relax, featuring a sliding glass door that opens to a large deck-perfect for seamless indoor-outdoor living.
Upstairs, the primary suite is a true retreat with cathedral ceilings, an en-suite bath, and breathtaking water views-best enjoyed from the private balcony.
Step outside and enjoy the waterfront lifestyle with an "L"-shaped dock (new decking and stringers in 2022), offering three boat slips (approx. 3' MLW), space to lounge, and front-row seats to birdwatching and natural beauty.
NO flood insurance required and conveniently located-just a short drive (or boat ride!) to Cambridge or Easton, and under 30 miles to Salisbury.
Don't miss this rare opportunity to live the waterfront dream on Maryland's Eastern Shore!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jun 27, 2025 | Sold | ||
| Sold | |||
| Jun 3, 2025 | In contract | - | |
| In contract | |||
| Oct 19, 2024 | Listed by Powell REALTORS | $412,500 | |
| Listed by Powell REALTORS | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017