1303 Bay St
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 |
|---|---|---|---|
| Apr 3, 2019 | Sold | ||
| Sold | |||
| Jan 14, 2019 | Listed by RR & Company Realty, LLC | $111,500 | |
| Listed by RR & Company Realty, LLC | |||
| Apr 2, 2018 | Sold | ||
| Sold | |||
| Feb 24, 2012 | Sold | ||
| Sold | |||
| Jan 17, 2012 | Listed by Coldwell Banker Residential Brokerage - Longmeadow | $54,900 | |
| Listed by Coldwell Banker Residential Brokerage - Longmeadow | |||
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6 room home with 3 bedrooms, dining room, large living room, enclosed porch and 2 full baths. Some improvements, nice floor plan. This is a Fannie Mae HomePath property. Purchase this property for as little as 3% down. Property is approved for HomePath Mortgage Financing and HomePath Renovation Mortgage Financing. Buyer to verify all property data and use. OWNER OCCUPANCY OFFERS MUST BE ACCOMPANIED W/ OWENR OCCUPANCY CERTIFICATION & ALL OFFERS MUST HAVE LEAD PAINT DISCLOSURE (MLS ATTACHED).
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