1 Bay Way
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 |
|---|---|---|---|
| Sep 1, 2023 | Sold | ||
| Sold | |||
| Jul 3, 2023 | Listed by RE/MAX Bay Point Realtors | $1,750,000 | |
| Listed by RE/MAX Bay Point Realtors | |||
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Seascape living.... unbelievable attention to detail throughout this exquisite, custom, waterfront home. Open living space with views and salty scents that go on forever. Entertain day and night, inside and outside. Kitchen with 48'' cabinets, Thermador appliances, 2 dishwashers, wine refrigerator, a 10'x5' island with built-in refrigeration drawers. Living room with gas fireplace and custom tile compass. Each bathroom has special tile and towel warmers too. Third floor is a huge family room with balcony. Outside you have Zuri decking giving an exotic timber look and Moss Rock boulders surrounding the in-ground pool. All of this overlooking the open water with an 80 ft pier, Riparian Grant and boat lift. Surround yourself in a special, shore oasis.
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| Oct 15, 2013 | Sold | ||
| Sold | |||
| Jun 19, 2013 | Listed by C21/ Lawrence Realty | $349,000 | |
| Listed by C21/ Lawrence Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017