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121 Dragon Circle
About This Property
This spacious four-bedroom, three-bath home is priced to sell as is, presenting an outstanding investment or renovation opportunity to customize and create your dream home in one of the area's most sought-after communities.
Bay Point offers a vibrant and welcoming lifestyle with an array of amenities and social activities to enjoy at your leisure. Residents can take advantage of the yacht club, golf club, marina sunset socials, book clubs, wine clubs, women's club events, game nights, on-site dining, and live music. Whether you prefer an active social calendar or a more relaxed pace, Bay Point offers the perfect balance.
With over 50 years of established charm and community appeal, this is your chance to become part of one of the most desirable neighborhoods in the area.
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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 |
|---|---|---|---|
| Apr 3, 2026 | Listed by Keller Williams Realty Emerald | $589,900 | |
| Listed by Keller Williams Realty Emerald | |||
| Sep 26, 2012 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017