11 Bailey Rd/Prvt
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 22, 2017 | Sold | ||
| Sold | |||
| Jun 29, 2017 | Listed by Heart Homes Real Estate | $128,000 | |
| Listed by Heart Homes Real Estate | |||
| | |||
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Black Lake cottage with deep water dockage. Located near the "Narrows", this remodeled cottage has good, clean water without the pesky weeds. Great for boats and swimming. Owners have been busy. Some of their upgrades are: 2005: New well, totally new kitchen and new appliances, new bathroom, new septic & leach field, seamless gutters, 200 amp service and new wiring, entrance deck, stairs, deck and rock stairs. 2006: Disposal. 2007: New porch roof and metal roof re-painted, new refrigerator. 2009: Floating dock (40' plus 8' ramp) and Amish built 10' x 16' shed. 2010 New water heater. All but one window was replaced with thermopane windows. All that's left to do is enjoy the lake. Wood stove insert in beautiful stone fireplace. Spacious enclosed porch allows maximum enjoyment of the water.
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| Oct 5, 2012 | Sold | ||
| Sold | |||
| Mar 16, 2012 | Listed by Heart Homes Real Estate | $124,000 | |
| Listed by Heart Homes Real Estate | |||
| Apr 28, 2005 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017