1 Bayberry Lane
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%.
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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 |
|---|---|---|---|
| Nov 17, 2023 | Sold | ||
| Sold | |||
| Sep 20, 2023 | Listed by Samonas Realty, LLC | $699,000 | |
| Listed by Samonas Realty, LLC | |||
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Plaice Cove area 3 Bedroom Ranch with an excellent location in a quiet seaside neighborhood close to area beaches. Home interior has been freshly painted. Living area is open concept with kitchen island opening up to the living room, with a separate dining area. The 3rd bedroom/Family Room in the lower level has been completely renovated. Lower level consists of the Family Room, half bath, laundry area, Workshop, Utility Room, and a 1 car garage. There is a newly expanded deck that is perfect for outside entertaining. The back yard has had extensive landscaping done in a very private yard that backs up to the town of Hamptons land. A shed is on the property for tools and toys, and good storage to place your beach things. Beach access is just down the road at North Side Park where it is Resident Parking only.
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| May 17, 2022 | Sold | ||
| Sold | |||
| Apr 14, 2022 | Listed by RE/MAX On the Move/Hampton | $550,000 | |
| Listed by RE/MAX On the Move/Hampton | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017