1358 Bay Grove Road
About This Property
The outdoor area is a true entertainer's haven, featuring a 30' x 15' saltwater pool with heating, cooling, and ultraviolet sanitation, plus a pool house with full bath, NatureKast cabinetry, and a large screened-in porch with wood ceiling and color-changing LED lighting.
Inside, enjoy Bay views from the main living spaces, a chef's kitchen with GE Cafe appliances, pot filler, wine fridge, and under-cabinet lighting. The spacious dining area easily seats 8-10, while the primary suite offers stunning water views, dual walk-in closets, and a spa-inspired bath. Each bedroom includes its own en suite bath, with one guest room offering a soaking tub and another with water views.
Additional features include smart home integration (HVAC, garage doors, built-in speakers), three garages, a mudroom/laundry with built-in workspace, and abundant storage.
This is more than a home,it's a lifestyle. Paddle. Cruise. Fish. Entertain. Relax. All with no HOA restrictions and direct access to Florida's best waterways.
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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 |
|---|---|---|---|
| Aug 15, 2025 | Sold | ||
| Sold | |||
| Jul 25, 2025 | In contract | - | |
| In contract | |||
| Jun 28, 2025 | Price Decreased |
$1,690,000
↓ $10K
(0.6%) | |
| Price Decreased | |||
| Jun 9, 2025 | Relisted | $1,700,000 | |
| Relisted | |||
| May 30, 2025 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017