39
Map
$415,000
●
Condo -
For Sale
735 BRADLEY RD #302
OCEAN CITY, MD 21842
2 Beds
2 Baths
930 Ft²
$2,038
Est. Monthly
About This Property
VIEWS! BAY VIEWS GALORE! This wonderful direct bayfront 2bed/2bath
condo is located on the southern section of building offering
incredible direct views of bay and also bayfront pool. Open floor
plan is a living space that providing outstanding sunsets! Bedrooms
are spacious and have windows facing east (great for seeing
sunrises). A very popular building, Ponte Vista sits on the "Point"
of the bay. This 3rd floor unit is situated over the pool on the
north side of building. It has been loved and maintained by owners.
A perfect vacation home, investment or primary residence. The
awesome pool sits right on bay and building also has boat slips
that are available for rent through condo association (when
available - wait listed currently). Private parking provide
underground parking spaces and a lot, but located on cul-de-sac
also street parking. Storage room for your beach chairs and toys
located right outside of elevator on 3rd floor. Compare to other
waterfront 2 bedrooms - this is a great find! Make your showing
appointment! Live your best Ocean City beach life at Ponte Vista!
Unit Size
930 Ft²
Days on Market
37 days
Land Size
-
Price per sqft
$446
Property Type
Condo
Property Taxes
$297
HOA Dues
-
Year Built
-
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 months ago (Bright MLS #MDWO2027828)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 18, 2025 | Relisted | $415,000 | |
| Relisted | |||
| Feb 6, 2025 | In contract | - | |
| In contract | |||
| Feb 1, 2025 | Price Decreased |
$415,000
↓ $10K
(2.4%) | |
| Price Decreased | |||
| Jan 17, 2025 | Listed by Berkshire Hathaway HomeServices PenFed Realty | $425,000 | |
| Listed by Berkshire Hathaway HomeServices PenFed Realty | |||
Property Highlights
Garage
Parking Available
Elevator
Air Conditioning
With View
Parking Details
Parking Features: Parking Lot
Total Garage and Parking Spaces: 2
Interior Details
Bedrooms on Main Level: 2
Interior Features: Floor Plan - Open
Appliances: Dishwasher, Disposal, Microwave, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked
Living Area Square Feet Source: Assessor
Laundry Type: Washer In Unit, Dryer In Unit
Exterior Details
Property Manager Present
Ownership Interest: Condominium
Year Built Source: Assessor
Other Structures: Above Grade, Below Grade
Structure Type: Unit/Flat/Apartment
Construction Materials: Masonry, Concrete
Unit Building Type: Mid-Rise 5 - 8 Floors
Building Name: Ponte Vista
Outdoor Living Structures: Balcony
Community Pool
Lot Size Dimensions: 0.00 x 0.00
Land Assessed Value: $254,200
Finished Square Feet: 930
Finished Square Feet Source: Assessor
Financial Details
County Tax: $2,148
County Tax Payment Frequency: Annually
City Town Tax: $1,125
City Town Tax Payment Frequency: Annually
Tax Assessed Value: $254,200
Tax Year: 2024
Tax Annual Amount: $3,558
Year Assessed: 2024
Utilities Details
Central Air
Cooling Type: Central A/C, Ceiling Fan(s)
Heating Type: Heat Pump(s)
Cooling Fuel: Electric
Heating Fuel: Electric
Hot Water: Electric
Sewer Septic: Public Sewer
Water Source: Public
Location Details
HOA/Condo/Coop Fee Includes: Ext Bldg Maint, Management, Pool(s), Pier/Dock Maintenance
HOA/Condo/Coop Amenities: Pool - Outdoor, Pier/Dock, Elevator
Condo/Coop Fee: $464
Washer/Dryer/Hook Up in Unit: Yes
735 BRADLEY RD #302, OCEAN CITY, MD, 21842
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Condo
2
Beds
2
Baths
1,036 ft²
$405/ft²
$419,500
Aug 23, 2023
$419,500
Apr 19, 2024
-
Sold
Condo
2
Beds
2
Baths
1,020 ft²
$447/ft²
$456,000
Jun 2, 2023
$456,000
Sep 19, 2023
-
Condo
2
Beds
2
Baths
1,026 ft²
$404/ft²
$415,000
Jun 2, 2023
$415,000
Jul 6, 2023
-
Condo
2
Beds
2
Baths
1,036 ft²
$410/ft²
$424,900
Feb 1, 2025
$424,900
Mar 21, 2025
-
Sold
Condo
2
Beds
2
Baths
1,020 ft²
$461/ft²
$470,000
Sep 8, 2023
$470,000
Nov 1, 2023
-
Condo
2
Beds
2
Baths
966 ft²
$393/ft²
$380,000
Aug 13, 2024
$380,000
Oct 11, 2024
-
In Contract
Condo
2
Beds
2
Baths
1,020 ft²
$426/ft²
$434,950
Mar 22, 2024
-
-
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
07/25/2024
|
1 Bed
|
1 Bath
|
666 ft²
|
$294,900
1 Bed
1 Bath
666 ft²
|
$270,000
-8.44%
10/25/2024
|
-
|
Keti Lynch
Shoreline Properties
| |
|
08/13/2024
|
2 Bed
|
2 Bath
|
966 ft²
|
$379,000
2 Bed
2 Bath
966 ft²
|
$380,000
+0.26%
10/11/2024
|
-
|
Anne Marie Mercier-Bouse
RE/MAX Advantage Realty
| |
|
04/28/2024
|
1 Bed
|
1 Bath
|
666 ft²
|
$349,900
1 Bed
1 Bath
666 ft²
|
$349,900
05/28/2024
|
-
|
Ann Holtz
Coldwell Banker Realty
| |
|
08/23/2023
|
2 Bed
|
2 Bath
|
1036 ft²
|
$475,000
2 Bed
2 Bath
1036 ft²
|
$419,500
-11.68%
04/19/2024
|
-
|
Katheryn (Valerie) Henderson
Coldwell Banker Realty
| |
|
04/28/2023
|
1 Bed
|
1 Bath
|
666 ft²
|
$320,000
1 Bed
1 Bath
666 ft²
|
$310,000
-3.13%
06/16/2023
|
-
|
Wendy Milewski
Berkshire Hathaway HomeServices PenFed Realty
| |
|
03/11/2022
|
1 Bed
|
1 Bath
|
666 ft²
|
$279,900
1 Bed
1 Bath
666 ft²
|
-
-
|
-
|
Sandra Dougan
Berkshire Hathaway HomeServices PenFed Realty - OP
| |
|
08/03/2021
|
1 Bed
|
1 Bath
|
666 ft²
|
$259,900
1 Bed
1 Bath
666 ft²
|
$250,000
-3.81%
09/01/2021
|
-
|
Tracey Sapia
Coastal Resort Sales and Rent
| |
|
07/12/2020
|
1 Bed
|
1 Bath
|
666 ft²
|
$200,000
1 Bed
1 Bath
666 ft²
|
$215,000
+7.50%
10/01/2020
|
Carol Proctor
| ||
|
05/09/2020
|
2 Bed
|
2 Bath
|
917 ft²
|
$279,900
2 Bed
2 Bath
917 ft²
|
$281,000
+0.39%
06/17/2020
|
Cindy Poremski
| ||
|
02/22/2019
|
1 Bed
|
1 Bath
|
666 ft²
|
$210,000
1 Bed
1 Bath
666 ft²
|
-
-
|
-
|
-
| |
|
02/18/2019
|
1 Bed
|
1 Bath
|
603 ft²
|
$200,000
1 Bed
1 Bath
603 ft²
|
-
-
|
-
|
-
|
Building Info
About Ocean City
Similar Homes for Sale
Nearby Rentals
Listed by: Jeannie Betten
Berkshire Hathaway HomeServices PenFed Realty
Last Updated: 1 hours ago
Data Source: Bright MLS , MLS# MDWO2027828
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2024 Bright MLS, Inc.
Berkshire Hathaway HomeServices PenFed Realty
Last Updated: 1 hours ago
Data Source: Bright MLS , MLS# MDWO2027828
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc. CalDRE: 00494703
