121 Bay Avenue
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 |
|---|---|---|---|
| Aug 10, 2017 | Sold | ||
| Sold | |||
| Jul 29, 2017 | Listed | $399,900 | |
| Listed | |||
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Room for all, This center Hall Colonial, will impress you from the moment you enter, the main house has four bedrooms, all with there own private full bath, cozy living room with fireplace, family room with fireplace, formal dining room, a three season porch with a southern exposure, plenty of privacy and a full basement. The carriage house includes a complete two bedroom guest quarters, with one bath, full kitchen, laundry room , living room with vaulted ceilings and a two car garage. With six bedrooms in this home it is the perfect mother/daughter, it could be easily expanded to accommodate an additional two bedrooms, which would make this an eight bedroom gem. This property can meet the needs of an extended family, it also has a full approval to be converted into a B and B, don't miThe manager has listed the unit size as 2886 square feet.
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| Sep 15, 2016 | Listed by United Real Estate Associates | $399,900 | |
| Listed by United Real Estate Associates | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017