122 Bay Road
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 |
|---|---|---|---|
| Nov 7, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Jun 17, 2024 | Price Decreased |
$475,000
↓ $23K
(4.6%) | |
| Price Decreased | |||
| May 22, 2024 | Listed by Blue Dolphin Realty, LLC. | $498,000 | |
| Listed by Blue Dolphin Realty, LLC. | |||
| Feb 14, 2024 | No longer available | - | |
| No longer available | |||
| Dec 15, 2023 | Listed by Blue Dolphin Realty, LLC. | $520,000 | |
| Listed by Blue Dolphin Realty, LLC. | |||
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Gorgeous & bright permanent or vacation home waiting for you! Just off of Aransas Bay with a sparkling water view, here you’ll enjoy coastal living at its best. Relax on the 2nd floor balcony & watch the breath taking sunrise or take the spiral staircase to the 3rd floor loft area for a 360 view. 1st floor: roomy entry leading to the utility area, guest bath, guest bedroom, & OVERSIZED garage. 2nd floor: living room, dining room, kitchen, guest bedroom, guest bath, primary bedroom, & primary bath. 3rd floor: Multi-use, multi-windowed loft / sun-room / reading room / possible bedroom. Window World high impact windows, recent HVAC, recessed lighting. Sold partially furnished including all appliances. This amazing home sits on 2 lots so room for a pool or additional guest house (check with city on zoning). Enjoy the concrete patio area near the shady oak trees. No short term rentals allowed.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017