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702 BAYSIDE DRIVE
About This Property
This beautifully maintained home combines comfort, elegance, and unforgettable scenery. Enjoy relaxing mornings watching the sunrise over the bay, entertaining with panoramic water views, and peaceful evenings with the Bay Bridge glowing in the distance. The open and airy layout was designed to maximize the views, creating a seamless connection between indoor living and the surrounding waterfront beauty.
✨ Spectacular Chesapeake Bay & Bay Bridge views
✨ Water views from throughout the home
✨ Desirable Bayside location
✨ Bright, open-concept living spaces
✨ Perfect for entertaining or relaxing
✨ Minutes to shopping, dining, marinas, and the Bay Bridge
Homes with views like this rarely come available - this is your chance to own a special piece of the Eastern Shore!
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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 |
|---|---|---|---|
| Jul 20, 2026 | Sold | ||
| Sold | |||
| Jun 8, 2026 | In contract | - | |
| In contract | |||
| May 23, 2026 | Listed by Long & Foster Real Estate, Inc. | $1,550,000 | |
| Listed by Long & Foster Real Estate, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017