108 Bay Rd
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 |
|---|---|---|---|
| Aug 30, 2024 | Sold | ||
| Sold | |||
| Jul 15, 2024 | In contract | - | |
| In contract | |||
| Jun 27, 2024 | Listed by Compass | $2,100,000 | |
| Listed by Compass | |||
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Immerse yourself in the Cape Cod lifestyle with this exquisitely renovated 3-bedroom, 3-bath waterfront ranch. Tucked away on a tranquil cove, this home boasts cutting-edge smart home features, upscale finishes, and a meticulously updated kitchen with quartz countertops, high-end appliances, and dazzling cabinetry with integrated lighting. The charm of exposed brick fireplace walls and expansive windows provide captivating vistas of the bay with breathtaking sunsets from every room. The primary suite offers stunning bay views, hardwood flooring, private access to deck, ensuite custom bath with heated tile and luxurious multi-spray shower. The walk out lower-level living area, bedroom, and bath feature bay views and a fireplace. Thoughtfully crafted outdoor living areas include a spacious deck, patio, and a dinghy dock witha seating area, perfect for savoring the views, observing the abundant waterfowl, and providing convenient access to kayaking the Poponessset Bay system.
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| Dec 21, 2012 | Sold | ||
| Sold | |||
| Oct 13, 2009 | Listed | $1,280,000 | |
| Listed | |||
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Don't pass up this chance to own a waterfront property with a private permitted dock! The views of the bay are lovely and it's boater's heaven with easy access to Popponesset Bay and Nantucket Sound beyond! Dock has restrictions.....ask listing agent for details about dock usage.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017