1139 Bayview Drive
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 |
|---|---|---|---|
| May 6, 2024 | Sold | ||
| Sold | |||
| Apr 2, 2024 | In contract | - | |
| In contract | |||
| Mar 25, 2024 | Listed by RE/MAX Professionals | $47,500 | |
| Listed by RE/MAX Professionals | |||
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Nestled within the exclusive gated community of Cape Carancahua, 1139 Bayview Dr. offers a prime coastal living opportunity. Enjoy breathtaking views of Carancahua Bay right from your property. This spacious lot boasts mature shade trees, a culvert, and a convenient 120 sq ft Morgan Building for storage. With three expansive lots, envision your dream coastal retreat, a serene primary residence, or indulge in the RV lifestyle. Cape Carancahua spoils residents with unparalleled amenities including gated entry, two swimming pools, three lighted fishing piers, a boat ramp, community center, covered pavilion, bathrooms, and lush nature preserves. Embrace a laid-back coastal lifestyle in this coveted community.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017