1243 BAILEY AVE
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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 20, 2024 | Sold | ||
| Sold | |||
| May 3, 2024 | Listed by REsource Realty | $159,000 | |
| Listed by REsource Realty | |||
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3 bed/2 bath located less than 3 miles from Downtown. Potential Short Term Rental -- AirBnB - Perfect starter home featuring spacious and open floor plan, fresh cabinets and countertops in the kitchen, updated bathrooms, ceiling fans, and beautiful laminate flooring throughout...NO carpet! Recently installed roof. Fenced Yard and Detached Garage.
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| Jul 16, 2004 | Sold | ||
| Sold | |||
| Mar 4, 2004 | Listed by Century 21 United - A Epstein | $49,500 | |
| Listed by Century 21 United - A Epstein | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017