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3762 BEACH DRIVE BOULEVARD
About This Property
Inside, enjoy easy, flexible living spaces designed for comfort and functionality.
The community brings the full Chesapeake lifestyle:
• Waterfront clubhouse
• Sandy beach & boat ramp
• Pier & kayak storage
• Playground & basketball court
• Wide open green spaces
Whether you're looking for a primary home, weekend escape, or income-producing rental, this checks every box. Short-term rentals perform well here-and this location near the water makes it even more desirable.
Minutes to Beverly Triton Beach, Historic London Town, waterfront dining, and local markets.
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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 |
|---|---|---|---|
| Sep 28, 2026 | Sold | ||
| Sold | |||
| Sep 5, 2026 | In contract | - | |
| In contract | |||
| Sep 3, 2026 | Price Decreased |
$399,000
↓ $51K
(11.3%) | |
| Price Decreased | |||
| Aug 20, 2026 | Listed by Cummings & Co. Realtors | $450,000 | |
| Listed by Cummings & Co. Realtors | |||
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Welcome to the waterfront community of Selby on the Bay, where Chesapeake Bay living is right outside your door.
• Waterfront clubhouse • Sandy beach & boat ramp • Pier & kayak storage • Playground & basketball / pickle ball courts
Built in 2009 this 3-bedroom, 2.5-bath home combines spacious everyday living with a location that’s hard to beat. Enjoy the close proximity to the community marina and The South River—perfect for anyone who wants boating, kayaking, fishing, and days on the water to become part of their lifestyle.
Inside, the home offers a comfortable and versatile layout with plenty of space to spread out, entertain, work from home, or simply relax. Outside the home is where Selby on the Bay really shines. Residents enjoy access to a waterfront clubhouse, sandy community beach, boat ramp, pier, kayak storage, playground, basketball court, and expansive community green spaces.
Come experience life by the water in Selby on the Bay!
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| Apr 13, 2026 | Relisted | $499,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017