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SINCLAIR AVENUE
About This Property
distance of Sinclair Community Park, local marinas, charming shops, and popular waterfront
restaurants. Stroll to the end of your street to enjoy stunning Chesapeake Bay sunsets from the
park's scenic shoreline.
Tilghman Island is a beloved Eastern Shore destination known for its rich maritime heritage,
working harbor, and friendly small-town atmosphere. Residents and visitors alike enjoy boating,
fishing, kayaking, crabbing, and biking along quiet country roads. The island offers a relaxed
coastal lifestyle while still being only a short drive to St. Michaels and other Bay communities.
Public sewer connection available, making the building process straightforward and convenient.
Don't miss this opportunity to own a piece of island life-perfect for a full-time residence or a
serene getaway by the Bay.
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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 18, 2026 | In contract | - | |
| In contract | |||
| Sep 7, 2026 | Price Decreased |
$60,000
↓ $9K
(12.4%) | |
| Price Decreased | |||
| Jul 24, 2026 | Price Decreased |
$68,500
↓ $7K
(8.7%) | |
| Price Decreased | |||
| May 5, 2026 | Listed by Meredith Fine Properties | $75,000 | |
| Listed by Meredith Fine Properties | |||
| Aug 28, 2025 | Price Decreased |
$75,000
↓ $14K
(15.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017