119 S Bay Drive
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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, 2025 | Sold | ||
| Sold | |||
| Jan 13, 2025 | In contract | - | |
| In contract | |||
| Dec 8, 2024 | In contract | - | |
| In contract | |||
| Oct 30, 2024 | Listed by Howard Hanna Coach | $999,000 | |
| Listed by Howard Hanna Coach | |||
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Welcome to your dream waterfront retreat in Babylon! This stunning home offers a unique blend of luxury, comfort, and breathtaking bay views that captivate from the moment you arrive. Set on a prime piece of waterfront property, this residence boasts expansive windows that flood the home with natural light and provide panoramic views of the shimmering water. Inside, you'll find an open-concept floor plan with high-end finishes throughout. The gourmet kitchen is a chef's delight, featuring granite countertops, premier brand appliances, a walk in pantry and a spacious island perfect for entertaining. The inviting living area is complemented by a cozy fireplace, ideal for relaxing evenings overlooking the tranquil bay. The primary suite is a true sanctuary, complete with a spa-like ensuite and walk-in closet. Additional bedrooms are generously sized, offering comfort and privacy for family or guests. Step outside to discover a beautiful retreat with a large deck, perfect for alfresco dining or morning coffee by the water's edge. The private dock allows for easy boating access, making it ideal for water enthusiasts. Featuring shore power, water at the bulkhead and a serene outdoor shower, this home provides the ultimate waterfront lifestyle. Located in Frederick Shores, this home offers not only stunning waterfront living but also proximity to vibrant shops, fine dining, and the picturesque charm of downtown Babylon Village. Don't miss this rare opportunity to own a piece of paradise-home awaits!, Additional information: Appearance:Diamond,Interior Features:Lr/Dr
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| Apr 18, 2019 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017