3 OAKLEY STREET
About This Property
Inside, you'll find an open and inviting floor plan featuring 9-foot ceilings, gleaming hardwood floors, and a well-appointed kitchen with granite countertops, quality cabinetry, and ample workspace. The spacious living area is accented by a cozy gas fireplace and opens directly to a covered balcony where you can relax and take in the stunning river vistas.
A rare and highly desirable bonus, the sale includes a deeded boat slip, providing direct access to the Choptank River and making it easy to enjoy boating, fishing, and waterfront adventures right from your community.
Located within Cambridge's Historic District, Oakley Beach is just minutes from downtown shops, restaurants, galleries, and waterfront attractions. This thoughtfully designed penthouse is ideal as a full-time residence, weekend retreat, or vacation getaway.
With only 24 residences spread across four elevator-served buildings, residents enjoy a peaceful and private setting along with exceptional community amenities, including a swimming pool, common pier, beautifully maintained grounds, and abundant guest parking.
If spectacular water views, upscale finishes, and turnkey living are what you're seeking, Penthouse #302 at Oakley Beach deserves your attention.
Listed By
Payment Calculator
Your Estimated Monthly Payment
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 26, 2026 | Listed by Benson & Mangold, LLC | $434,900 | |
| Listed by Benson & Mangold, LLC | |||
| Jan 22, 2024 | Sold | ||
| Sold | |||
| Dec 20, 2023 | In contract | - | |
| In contract | |||
| Oct 26, 2023 | Listed by Compass | $395,000 | |
| Listed by Compass | |||
| | |||
|
Welcome to our lovely exemplary Oakley Beach complex!
3 Oakley Beach #302...the penthouse!
Step in to the lap of luxury while enjoying tremendous vistas of the mighty Choptank River!
This a beautifully-constructed 2 bedroom, 2 bath condo with an open floorplan featuring 9 foot ceilings, gleaming wood floors, an upscale kitchen with beautiful cabinets and granite countertops, and a gas fireplace located just to the right of the entrance to the covered open balcony. This aesthetically-finished and very functional penthouse condo is located in the Cambridge historic district, just a short distance from the downtown, replete with restaurants, shops, bars and galleries.
If huge views and turn-key living are of interest to you, then 3 Oakley Beach #302 may be a perfect option for your full-time living or as a resort get-away oasis. With 2 units per floor and 3 elevatored floors in 4 buildings, there are just 24 units that share the swimming pool, common pier, beautifully-landscaped lawn and parking lot with ample surplus parking for visiting guests.
| |||
| Jan 26, 2021 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017