118 W BAY VIEW DR
About This Property
Hardwood floors on upper level lead to four bedrooms with water views, brand new carpet and paint. Vaulted ceiling in spacious primary bedroom. Lower level offers so much versatility! Another family room with mudroom space off of garage entry. The fifth bedroom and full bath give visitors a private space as wall as a home office cubby. Large storage room with second refrigerator, laundry room fed by laundry chute from upper level. Massive third family room / recreation room that offers a slider to the pool decking. Options for how you live in this house are plentiful. Residents of the Hillsmere Shores Community enjoy a private marina with direct access to the South River, multiple playgrounds, waterfront pavilions, a sandy beach and community pool. Hillsmere Shores is within walking distance to Quiet Waters Park, the Eastport-Annapolis library branch, Hillsmere Elementary School, PAL Park and the Bay Ridge Plaza shopping center. The Special Tax of $249 per year is paid by each resident. You can pick and choose the additional amenities that work for you and fees can be found on the Hillsmere Shores website. Call agent for disclosures and additional information.
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Mar 20, 2025 | Sold | ||
| Sold | |||
| Feb 12, 2025 | In contract | - | |
| In contract | |||
| Feb 9, 2025 | Listed by Coldwell Banker Realty | $1,125,000 | |
| Listed by Coldwell Banker Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017