302 APPLEBY SCHOOL ROAD
About This Property
Inside, the home boasts an open and airy floor plan with gleaming newly refinished hardwood floors throughout the main level and freshly painted throughout. The family room, complete with a gas fireplace, flows seamlessly into the dining and kitchen areas, creating an ideal space for both daily living and entertaining. The gourmet kitchen is equipped with modern stainless steel appliances and ample counter space.
Upstairs, the expansive primary suite provides a true retreat, featuring a spa-like bath with a soaking tub and a large primary closet for added storage.
This beautiful home was built in 2007 and comes with a 2 car attached garage for your convenience. For an added bonus the roof was recently replaced in 2025.
The desirable Appleby School Road location places you close to all the historic charm and modern amenities of downtown Cambridge. You'll have easy access to waterfront parks like Long Wharf and Sailwinds, which offer walking paths and views of the Choptank River. Enjoy a variety of local restaurants, unique boutiques, and a lively arts scene.
This home combines the best of Chesapeake Bay living with a spacious, move-in-ready design.
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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 |
|---|---|---|---|
| Mar 6, 2026 | Sold | ||
| Sold | |||
| Feb 9, 2026 | In contract | - | |
| In contract | |||
| Jan 14, 2026 | Price Decreased |
$259,900
↓ $20K
(7.2%) | |
| Price Decreased | |||
| Nov 29, 2025 | Listed by TTR Sotheby's International Realty | $279,900 | |
| Listed by TTR Sotheby's International Realty | |||
| Oct 30, 2008 | Sold | ||
| Sold | |||
Property Highlights
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About Cambridge
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017