55
Map
1530 Bay Shore Drive
About This Property
From the moment you arrive, with its large circular driveway featuring custom stamped dolphins and manatees, along with an oversized 3-car garage will make it memorable. Inside, the expansive layout includes a formal living and dining room, perfect for entertaining, while the large family room provides a comfortable gathering space complete with a fireplace.
The rear of the home is designed around the view, with a screened in pool/spa, gazabo and dock. The primary suite is spacious with his & her closets, large soaking tub and a separate walk-in shower. Two additional bedrooms and baths provide plenty of space for family and guests. A versatile bonus room adds flexibility and could potentially be a 4th bedroom.
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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 |
|---|---|---|---|
| Aug 11, 2026 | Listed by RE/MAX Aerospace Realty | $1,759,000 | |
| Listed by RE/MAX Aerospace Realty | |||
| Feb 1, 2017 | Sold | ||
| Sold | |||
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About Snug Harbor Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017