1622 BAYSIDE DRIVE
About This Property
Inside, expansive windows frame breathtaking bay views, filling the open-concept living areas with natural light. The gourmet kitchen is a culinary masterpiece, featuring granite countertops, high-end appliances, and custom cabinetry tailored for both beauty and performance.
The first-floor primary suite offers a serene escape, complete with unobstructed water views and a luxurious spa-like bath. A fully finished garage with built-in storage adds both convenience and organization to everyday living.
Step outside to your private pier (installed in 2011), ideal for boating, crabbing, or simply unwinding by the water. Located just 25 minutes from Annapolis, this home offers peaceful waterfront living with easy access to city amenities.
Immerse yourself in the grace, comfort, and natural beauty of this exceptional Eastern Shore retreat.
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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 |
|---|---|---|---|
| Sep 30, 2025 | Sold | ||
| Sold | |||
| Jul 29, 2025 | In contract | - | |
| In contract | |||
| Jun 13, 2025 | Price Decreased |
$1,299,900
↓ $75K
(5.5%) | |
| Price Decreased | |||
| May 31, 2025 | Price Decreased |
$1,374,900
↓ $25K
(1.8%) | |
| Price Decreased | |||
| May 11, 2025 | Price Decreased |
$1,399,900
↓ $50K
(3.5%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017