15 Bay Tree Drive
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| May 1, 2025 | Sold | ||
| Sold | |||
| Mar 12, 2025 | Listed by Keller Williams Realty Destin | $550,000 | |
| Listed by Keller Williams Realty Destin | |||
| Apr 20, 2022 | No longer available | - | |
| No longer available | |||
| Mar 31, 2022 | Listed by Re/Max By The Sea | $599,000 | |
| Listed by Re/Max By The Sea | |||
| | |||
|
Immaculate renovated home located in the highly sought after Bayside community. This home is on a private corner lot and offers many upgrades including both baths, kitchen with newer SS appliances, Quartz countertops, lighting and fixtures. Oak hardwood flooring in bedrooms and tile throughout remainder of home. Living room has a gas fireplace and French doors leading out to an enclosed Florida room for additional enjoyment of your home and to view the lovely manicured fenced backyard with mature landscaping. Roof replaced in 2020, new water heater. Storm shutters included also. Enjoy all of the amenities Bayside has to offer including pool, tennis/pickle ball, playground, picnic area, pavilion, and private dock for bay access. Washer and dryer do not convey. The manager has listed the unit size as 1649 square feet.
| |||
| Oct 5, 2020 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017