118 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 |
|---|---|---|---|
| Jan 29, 2021 | Sold | ||
| Sold | |||
| Sep 1, 2017 | Sold | ||
| Sold | |||
| Apr 1, 2017 | Listed by Coldwell Banker Upton-Massamont REALTORS® | $599,000 | |
| Listed by Coldwell Banker Upton-Massamont REALTORS® | |||
| Aug 24, 2015 | Sold | ||
| Sold | |||
| Apr 30, 2015 | Listed by Jones Group REALTORS® | $619,000 | |
| Listed by Jones Group REALTORS® | |||
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This beautiful almost new contemporary home sits in a pastoral setting with southern views and gorgeous sunsets. You will love the sunny interior filled with light! Gleaming cherry flooring throughout. Admire the light that pours in on both levels from an abundance of windows, a mezzanine and vaulted ceilings. The fireplace is flanked by custom cherry cabinets. The dining room tray ceiling puts the finish on this lovely space with nook for a sideboard. The granite kitchen with pantry will not disappoint the budding chef! A first floor luxurious master suite offers a reading area, tray ceilings, his and hers vanities, a dressing room, a SPA tub and glassed-in shower. Four bedrooms & a large bathroom share the second floor where you will find plenty of storage and a few walk-in closets; this bathroom features a private bath area and two adjoining vanity rooms. Central air, prepped for security, oil & stone drive, new storage shed, and two-bay garage.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017