206 BAYVIEW AVENUE
About This Property
Welcome to 206-A Bay View Avenue, a thoughtfully renovated 3-bedroom, 2.5-bath ranch-style residence offering refined single-level living in a peaceful Cambridge enclave. Perfectly situated between the Chesapeake Bay Bridge and Ocean City, this 2,156 +/- square foot home seamlessly blends tasteful updates with timeless comfort. The property is ideal for active living, just feet from a beautiful scenic route along the Choptank River on Riverside Drive, perfect for quiet strolls with family and pets or cycling.
The freshly updated interior features luxury vinyl plank flooring and plush new carpet throughout, enhancing both style and durability. A beautifully renovated kitchen with gleaming granite countertops opens effortlessly into the main living area, creating a warm and inviting space ideal for both relaxed daily living and elegant entertaining. Just beyond, a charming sunroom with skylights bathes the space in natural light year-round, offering a cozy retreat in every season.
The expansive primary suite serves as a serene haven, complete with a large walk-in closet and a private bath featuring a Jacuzzi tub and separate shower. Two additional well-proportioned bedrooms are connected by a convenient Jack-and-Jill bath, offering comfort and privacy for guests or family members.
Set on a generous 0.39 +/- acre lot, the home also features an attached two-bay garage and a full walk-up attic. Accessed via a hardwood staircase, the upper level provides exceptional storage or the possible opportunity for future expansion.
Ideally located just minutes from downtown Cambridge, marinas, and waterfront dining, this beautifully maintained property combines the ease of town living with the tranquility of Maryland's Eastern Shore-all without city taxes. Move-in ready and tastefully finished, this home is perfectly suited for those seeking comfort, charm, and convenience in a coastal setting.
Some rooms been virtually staged.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 23, 2025 | Sold | ||
| Sold | |||
| Nov 20, 2025 | In contract | - | |
| In contract | |||
| Nov 1, 2025 | Price Decreased |
$350,000
↓ $45K
(11.4%) | |
| Price Decreased | |||
| Aug 22, 2025 | Price Decreased |
$395,000
↓ $30K
(7.1%) | |
| Price Decreased | |||
| Jul 1, 2025 | Listed by Meredith Fine Properties | $425,000 | |
| Listed by Meredith Fine Properties | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017