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702 Water St

Cambridge, MD 21613

3 bd 2 ba 1,464 sqft Built 1918 Lot 4,959 sqft single_family
Most recent sale
$268,000
Sep 9, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 9, 2022 Sold $268,000 MLS #MDDO2003220
Aug 4, 2022 Listed $279,000 MLS #MDDO2003220

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $112,700 $78,100 $190,800 $3,583
2023 $112,700 $78,100 $190,800 $2,554
2022 $60,800 $51,100 $111,900 $1,034
2021 $108,700 $1,613
2020 $105,500 $1,552
2019 $51,200 $51,100 $102,300 $1,496
2017 $101,767 $1,332
2016 $50,400 $51,100 $101,500 $1,261
2015 $50,400 $51,100 $101,500 $1,147
2014 $51,500 $65,900 $101,500 $1,147
2013 $51,500 $65,900 $117,400 $1,023
2011 $117,400 $495
2010 $177,100 $467
2009 $149,940 $745

Property facts

Year built
1918
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,464 sqft
Lot size
4,959 sqft
ZIP code
21613
City
Cambridge
Street
Water St
Coordinates
38.57670, -76.07583

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,196
Gross rental yield
9.83%
Implied cap rate
6.39%
Trend-extrapolated value

Frequently asked questions

When did 702 Water St last sell?
702 Water St most recently sold on Sep 9, 2022 for $268,000.
What is the current tax assessment for 702 Water St?
The most recent total assessment for 702 Water St (year 2025) is $190,800 with $3,583 in property tax.
How does 702 Water St's assessment compare to its last sale price?
The current assessment is 28.8% below the last sale price of $268,000.
When was 702 Water St built?
702 Water St was built in 1918.
How does 702 Water St compare to others on Water St?
We track 8 other properties on Water St. Browse the list under "Other properties on Water St" to compare beds, baths, and sale history.
What are the property facts for 702 Water St?
702 Water St is a 3 bed, 2 bath, 1,464 sqft, 4,959 sqft lot single_family.
Is 702 Water St a flip candidate?
No — 702 Water St does not appear in our flips dataset.
Is 702 Water St a tax-appeal candidate?
No — 702 Water St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.5%
Implied 1-yr
+2.1%
2026 Q3
$303K
2026 Q4
$304.6K
ZIP 21613 — Median Price History + Forecast

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