1083 Bay Grove Road
About This Property
This house provides 4 bedrooms, 2 baths and a large bonus room that could be used as an extra den or converted to a bedroom, bathroom or exercise room if desired. The engineered hardwood floors and all new interior paint make a clean and classic statement. The Master bedroom is large with a newly constructed master closet, large, tiled master bathroom with double vanities, and spa like shower.
The amazingly large Living room can provide seating for plenty of family and guests with the updated kitchen (new flooring and granite) located adjacent. The stainless-steel appliances, lots of kitchen cabinets and a great pantry complete this perfect kitchen. The outside of this property is just as nice as the inside. You can enjoy the outdoors with this 2-year-old pergola that is wired for TV, has lighting and ceiling fans. There is also a bonfire pit with provided firewood, large fenced in backyard as well as a 1.5-acre lot that includes a private pond. Fishing is a must! Washer & Dryer are included. NO HOA! NEW ROOF, AC AND WATER HEATER ELIMINATE ANY WORRIES! This house is ready to be your next HOME! Owner is a Licensed Florida Realtor.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jun 26, 2025 | Sold | ||
| Sold | |||
| May 17, 2025 | In contract | - | |
| In contract | |||
| Apr 23, 2025 | Price Decreased |
$699,900
↓ $20K
(2.8%) | |
| Price Decreased | |||
| Apr 7, 2025 | Price Decreased |
$719,900
↓ $5K
(0.7%) | |
| Price Decreased | |||
| Mar 21, 2025 | Price Decreased |
$724,900
↓ $10K
(1.4%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017