12316 E Bates Cir
About This Property
The main living area flows seamlessly into the dining room and kitchen, featuring stainless steel appliances, a large island, and a cozy breakfast nook. The flow from the family room to the kitchen and out onto the back deck makes a great setting for entertaining.
The primary suite includes an updated five-piece en suite bath, while two additional generously sized bedrooms downstairs provide comfort and flexibility. A partially finished basement offers a spacious flex area ideal for a home office or gym.
The backyard feels very private with mature trees surrounding, and multiple deck levels overlooking the park with a private gate providing direct access.
The Dam East community features a clubhouse with a pool, hot tub, tennis courts, sand volleyball, and multiple parks and playgrounds for residents to enjoy. Welcome home!
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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 |
|---|---|---|---|
| Jan 15, 2026 | Sold | ||
| Sold | |||
| Dec 14, 2025 | In contract | - | |
| In contract | |||
| Dec 12, 2025 | Relisted | $540,000 | |
| Relisted | |||
| Nov 21, 2025 | In contract | - | |
| In contract | |||
| Oct 10, 2025 | Listed | $540,000 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017