new - 3 days on rocket

2835 Ocean Gtwy, Cambridge, MD, 21613

$154,900

Home List Price

$1,839*

Closing Credit

2 Bedrooms
1 Full Bath
648 SqFt
$239/SqFt
House

Location

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2835 Ocean Gtwy, Cambridge$154,900

Buyer Closing Credits

$1,839*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGravel Driveway, Driveway
Year Built1940
HeatingForced Air
CoolingWindow Unit(s)
MLS #MDDO2008538
Lot Size0.23 Acres
StatusActive
(ACTIVE)

About 2835 Ocean Gtwy

Great opportunity to own prime commercial real estate with US Rt.50 access. Just shy of a quarter acre property with over 30,000 cars passing by each day. Home is rented thru the end of Feb. 2025, currently being rented for $1340/mo! This would be an ideal property for a tradesman or business owner looking for a high visibility location. OR affordable housing for an employee while the additional yard is utilized as storage space for vehicles and/or materials. House features a functional floor plan, 1-2 bedrooms, laundry/utility room, and spacious kitchen. LVP floors in living room. New furnace in 2023. Roof installed in 2017. Public water & sewer. Buyer to confirm all possible uses with city planning and zoning- zoned general commercial.

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1940
  • Stories: 1
  • Living Area: 648 SqFt

Listing Office:

  • Office Name: Sharon Real Estate P.C.
  • Office Phone: (410) 228-2525
  • Listing Agent: Sydney Johnson Cohee

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Parking: Gravel Driveway, Driveway

Lot Features

Lot Information:

  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Window Unit(s)

Other

Directions Information:

  • Directions: US Rt.50 East Bound, right side of highway just past Rusticana Pizza & Kravens Comic Books. Sign Posted

Municipality:

  • Cambridge

Price Information

Listing Price Info

Price Summary:

  • List Price: $154,900
  • Price Per SqFt: $239/SqFt

Tax Information:

  • Annual Amount: $623
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Cambridge, MD.

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Cambridge, MD

City

Med. Sold Price

$260K

Med. Price/SqFt

$159

Avg. Days On Market

58

# of Sold Homes

26

2835 Ocean Gtwy vs Cambridge

3 DAYS ON ROCKET

-55 Days

$154,900

-$105.1K Less

$239/SqFt

+$79 More

KEY TAKEAWAY

This property is $105.1K less than the Median Sold Price and $79/SqFt more than other homes in Cambridge, MD.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #MDDO2008538

Listing Office:

  • Office Name: Sharon Real Estate P.C.
  • Office Phone: (410) 228-2525
  • Listing Agent: Sydney Johnson Cohee

IDX Information Deemed Reliable But Not Guaranteed. 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 in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and 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 this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/18/2024, 1:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$623$112,467
2020$1,281$89,833
2019$1,281$67,200
2017$901$66,000

History based on county public records data.

Payment Calculator

$841

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$531

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-617932
1
/10

  • Choptank Elementary School

  • 1103 Maces Ln

  • 2.49 miles

  • Public District Grades PK-5

school-card-donut-617933
4
/10

  • Maple Elementary School

  • 5225 Egypt Rd

  • 2.71 miles

  • Public District Grades PK-5

school-card-donut-617934
1
/10

  • Sandy Hill Elementary School

  • 1503 Glasgow St

  • 3.08 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $35,231. Most Cambridge, MD residents have annual incomes less than $35k. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Living In Cambridge, MD

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Cambridge, MD?

Cambridge offers a diverse housing market with a blend of architectural styles that cater to a range of preferences. The area is characterized by a mix of single-family homes, which form the majority of the housing stock, and a selection of apartments and townhouses. The architectural styles vary, with a notable presence of Victorian, Colonial, and Cape Cod homes that reflect the city's rich history. The housing market is complemented by newer developments that offer modern amenities, catering to contemporary tastes.

Is Cambridge, MD a good place to live?

Cambridge is celebrated for its rich historical heritage and vibrant cultural scene. The community prides itself on its waterfront charm and the sense of camaraderie among residents. Annual events, such as the Cambridge Classic Powerboat Regatta, embody the city's maritime traditions and bring the community together. The city's character is further defined by its scenic landscapes and the preservation of its historical architecture, providing a picturesque backdrop for both residents and visitors.

Are things conveniently located in Cambridge, MD?

The community is served by a network of public schools, including several elementary, middle, and high schools, as well as private educational institutions that offer alternative learning environments. Healthcare services are available through local clinics and a regional hospital that provides a range of medical services. Cambridge also features a public library system that supports the community's educational and informational needs. Retail and dining options are plentiful, with local businesses and restaurants reflecting the area's culinary diversity and cultural heritage.

What does the transportation in Cambridge, MD look like?

Transportation in Cambridge includes a variety of options for residents and visitors. The city's layout and infrastructure support a moderate level of walkability, particularly in the downtown area and along the waterfront. For those relying on public transit, there are bus services that connect key areas of the city, with schedules designed to accommodate the needs of commuters and local travelers. The road network provides easy access to major highways, facilitating travel to nearby cities and attractions. While specific ride-sharing services are available, the city also encourages the use of bicycles, with several bike-friendly routes available.

Frequently Asked Questions About 2835 Ocean Gtwy

What is the listing price of this property?

The listing price of 2835 Ocean Gtwy property is $154,900.

What type of property is this?

The property 2835 Ocean Gtwy is a house located in Cambridge, Maryland, 21613.

Is this property for sale now?

Active Listing: 2835 Ocean Gtwy is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $623 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 2835 Ocean Gtwy has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 2835 Ocean Gtwy is 648 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2835 Ocean Gtwy is 1940.

Rocket Homes›Maryland›Dorchester County›Cambridge›21613›2835 Ocean Gtwy

This home is located at 2835 Ocean Gtwy in Cambridge, MD and zip code 21613. This 648 square foot home, which was built in 1940, sits on a 0.23 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 14, 2024 and is currently priced at $154,900.

Cambridge, MD housing market in October 2024 saw over 5 listings sold above listed price, more than 6 sold at listed price and over 15 sold below. Between September 2024 and October 2024, Cambridge, MD real estate market has seen increase in the number of listings by 8.1%. Listings spent 58 days on the market in October 2024, and had a median list price of $260,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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