124 ALABAMA DRIVE
About This Property
Step outside onto the deck, ideal for morning coffees! Enjoy evening sunsets, while overlooking the lush landscaping and private dock, perfect for your boating adventures. The master suite provides a peaceful retreat with its ensuite bathroom and jetted bathtub. Additional bedrooms are generously sized, accommodating family and guests comfortably.
Bay Quarter Shores is not just a home; it's a lifestyle. Enjoy access to community amenities such as a private beach, picnic areas, and nature trails, all set against the backdrop of serene waterways and beautiful wildlife. Experience the perfect end of relaxation and recreational activities in this community! Golf cart friendly community! Community pool, boat ramp and dock along with tennis and basketball courts and a playground. The beaches here offer an excellent place to enjoy your summer! Feel like being on vacation every day! This home has quartz countertops, gorgeous new kitchen cabinets, lots of super large windows that let the sunlight pour in. This home is decorated tastefully with a nautical theme that you are sure to love! Seller will gift nautical pieces that you will treasure forever! There are photos framed with the most beautiful sunsets that are framed and will convey with this home.
Living in Bay Quarter Shores offers lots of beautiful wildlife! You will occasionally see blue heron, white egrets, bald eagles and if you travel out to The Chesapeake Bay you will sometimes see dolphins!
This is the home for you! It's an affordable way to finally have the waterfront lifestyle that you have always dreamed of! Live where you love! Schedule your tour as soon as you can! * There is a golf driving range, campground, community garden and hunting area in here as well!
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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 |
|---|---|---|---|
| Nov 25, 2025 | Sold | ||
| Sold | |||
| Oct 13, 2025 | In contract | - | |
| In contract | |||
| Oct 2, 2025 | Price Decreased |
$425,000
↓ $35K
(7.6%) | |
| Price Decreased | |||
| Sep 6, 2025 | Price Decreased |
$459,777
↓ $15K
(3.2%) | |
| Price Decreased | |||
| Aug 15, 2025 | Price Decreased |
$475,000
↓ $22K
(4.4%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017