1007 N Bay Street
About This Property
The shed on the lot is not included as part of the sale price.
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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 |
|---|---|---|---|
| Aug 29, 2022 | Sold | ||
| Sold | |||
| Jun 14, 2022 | Listed by Coldwell Banker Realty | $60,000 | |
| Listed by Coldwell Banker Realty | |||
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Need some beach time? Love to fish? This lot is READY for you to park your camper and stay for a spell on the Bolivar Peninsula where you can enjoy 27 miles of beach shoreline. It's the perfect place for outings, events, barbecues or picnics. Available electric hookups, public water source, and aerobic septic tank which is capable of supporting a 3 bedroom, 2500 sq foot house! The lot is leveled and has culvert already installed.
The shed on the lot is not included as part of the sale price.
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Property Highlights
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About Bolivar Peninsula
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Last Updated: 5 months ago
Data Source: HAR , MLS# 49802928
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017