3963 BAYSIDE DRIVE
About This Property
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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 25, 2026 | Sold | ||
| Sold | |||
| Mar 24, 2026 | In contract | - | |
| In contract | |||
| Mar 20, 2026 | Listed by EXP Realty, LLC | $1,299,500 | |
| Listed by EXP Realty, LLC | |||
| | |||
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Set along a coveted stretch of the Chesapeake Bay, this exceptional waterfront residence offers a rare combination of sweeping panoramic views, a sandy, private community beach, and beautifully curated indoor-outdoor living. From the moment you enter, the home is defined by its connection to the water. Sunlight pours into the main living spaces, where expansive Bay views take center stage and create a serene, ever-changing backdrop. The flow from interior to exterior is seamless. Step directly from the living room onto an expansive deck, ideal for elegant entertaining or quiet mornings by the water.
Beyond, a striking dual-level deck extends toward the shoreline, thoughtfully designed to maximize both perspective and privacy. Overlooking the sandy beach below, it offers an elevated setting for gatherings, sunset cocktails, or simply taking in the rhythm of the Bay.
Inside, the home has been refined with new flooring and lighting, creating a clean, sophisticated aesthetic that complements its natural surroundings. Meaningful upgrades—including a new deep well and a high-efficiency Mitsubishi climate control system—ensure both comfort and peace of mind. An EV charger adds a modern, forward-thinking touch.
Whether enjoyed as a full-time residence or a weekend getaway, this home offers a unique opportunity to own a piece of the Bay with exceptional views, direct beach access, and seamless indoor-outdoor living.
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| Aug 15, 2023 | Sold | ||
| Sold | |||
| Jun 26, 2023 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017