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124 Bailey Rd
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 |
|---|---|---|---|
| Jan 16, 2026 | Sold | ||
| Sold | |||
| Nov 6, 2025 | In contract | - | |
| In contract | |||
| Oct 29, 2025 | Listed by Holden Realty Inc. | $359,900 | |
| Listed by Holden Realty Inc. | |||
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New List! This single-family residence presents an inviting home, ready to welcome you in move-in-ready condition with beautiful hardwood floors, classic original wood trim & doors including built in dining rm china cabinet, & 2 first floor bedrooms. Total of three bedrooms, 1 bath, appliances included, home office w/double closet & door at front of house, town water/sewer, 1,779 square feet of living area, enclosed side porch entrance, generous .31 Acre lot offering ample space for relaxation and recreation. Built in 1940, this single-family residence is seeking its next owner. 2025 new attic blown in insulation. Quick close possible.
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| Apr 7, 2006 | Sold | ||
| Sold | |||
| Jan 3, 2006 | Listed | $275,000 | |
| Listed | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017