1521 Bailey Drive
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 |
|---|---|---|---|
| Sep 22, 2023 | Sold | ||
| Sold | |||
| May 11, 2023 | Listed by Briko Realty Services | $379,900 | |
| Listed by Briko Realty Services | |||
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Country feel in this lovely single story ranch style home. Experience all life has to offer in this property. This home backs up to a creek with mature trees and beautiful porches front and back. Side Entry Garage. Bright open floorplan with wonderful view of the relaxing back yard. Convenient office with French doors. Rolling Island with Granite Countertops in the Kitchen. Separate shower in the master with Garden tub and walk in closet and bonus room. Minutes from Eagle Mountain Lake! All door hinges have been replaced in the house to oil rubbed bronze and there are designer light switch covers in the kitchen, living room, foyer, and guest bath. Driveway extension was added for plenty of parking and back porch was poured out an additional 10’ x 26’. All information herein deemed reliable but not guaranteed. Buyer and buyers agent to verify all information. All showings scheduled through Broker Bay with 2 hour advance notice.
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| Nov 23, 2020 | Sold | ||
| Sold | |||
| Oct 17, 2020 | Listed by Fathom Realty, LLC | $254,900 | |
| Listed by Fathom Realty, LLC | |||
| Aug 19, 2019 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017