14 Bay View Avenue
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%.
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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 |
|---|---|---|---|
| Sep 19, 2023 | Sold | ||
| Sold | |||
| Jul 16, 2023 | In contract | - | |
| In contract | |||
| Jul 7, 2023 | Listed by LandVest, Inc., Manchester -by-the-Sea | $5,595,000 | |
| Listed by LandVest, Inc., Manchester -by-the-Sea | |||
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Situated on over one acre, this custom, shingle-style residence boasts stunning south-easterly ocean views towards Bakers, Misery Island, and Marblehead.The home has 7 bedrooms, 7.5 bathrooms, (which include an attached 2,000 SF carriage house with first floor bedroom), and 5 garage parking spaces. The residence was built with high quality construction standards and features a chef’s kitchen with access to a waterfront deck, a primary bedroom suite, and views of the Atlantic at nearly every turn.A finished walk-out, lower level entertainment area has direct access to a covered patio, outdoor grill and shower, ocean-facing pool, putting green and stairs leading to a tidal, sandy beach.14 Bayview is tucked away on a private peninsula in Beverly Cove with beautifully landscaped grounds and mature Copper Beech trees..Lynch Park and town are conveniently located nearby & just 25 miles from Boston. Closing after 12/1/23.
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| Apr 9, 1993 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017