140 Bay Ln
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 |
|---|---|---|---|
| May 17, 2023 | Sold | ||
| Sold | |||
| Apr 4, 2023 | In contract | - | |
| In contract | |||
| Apr 1, 2023 | Listed by Margo & Company | $1,149,000 | |
| Listed by Margo & Company | |||
| | |||
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Desirable Bay Lane location in Centerville, Equally situated between the village centers of Osterville and Centerville. This lovely 4 bedroom 3 bath, one level home sits on .89 acres. The 4th bedroom and bath were added in 2020. This home flows from room to room with views of a park like setting. Home is beautifully decorated with furnishings included for a turn key experience. My favorite is the 3 season sunroom overlooking the private grounds. Hardwood floors throughout, Central air, gas HW baseboard heat are a plus. Just minutes to Craigville Beach and the pretty village of Centerville. Osterville center is 2 miles away and offers Boutique shopping and dining. This beautifully renovated home is tucked away on a large wooded lot yet accessible to all amenities in minutes.
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| Oct 6, 2022 | Temporarily off market | - | |
| Temporarily off market | |||
| Jun 17, 2022 | Listed by Margo & Company | $1,195,000 | |
| Listed by Margo & Company | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017