1554 Bay Street
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 |
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| Jun 20, 2025 | Sold | ||
| Sold | |||
| May 23, 2025 | In contract | - | |
| In contract | |||
| May 16, 2025 | Listed | $389,000 | |
| Listed | |||
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Step into style & comfort in this beautiful 2017 built 3-bedroom, 2.5-bath colonial in Springfield's growing Pine Point neighborhood. The open-concept main level is perfect for everyday living & entertaining, featuring an eat-in kitchen with coffered ceilings, granite counters, tile flooring, stainless appliances, pantry, & first-floor laundry/mudroom. A gorgeous open stairway divides the living & dining areas, & a half bath completes the main level. Upstairs, the primary suite offers hardwood floors, a huge walk-in closet, & a spa-like bath with double vanity & walk-in shower—a true retreat! Finishing the upper level are two additional good-sized bedrooms & a full bath. Additional improved space in the basement includes two heated rooms & a full bath, not included in the formal square footage. Outside, you'll love the added bonus: an extra 13,250 sq. ft. lot, perfect for summer gatherings, gardening, or play. A great opportunity in a neighborhood on the rise!
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| Jan 30, 2018 | Sold | ||
| Sold | |||
| Dec 20, 2017 | Listed by RE/MAX Compass | $214,900 | |
| Listed by RE/MAX Compass | |||
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No detail has been overlooked in this stylish 3 bedroom, 2.5 bath new construction colonial in Springfield's up and coming Pine Point area! Enjoy entertaining in your open concept first floor living area. Gorgeous eat in kitchen features coffered ceilings, granite countertops, custom tile flooring, pantry,stainless steel appliances and the ever coveted first floor laundry room/ mud room. Formal dining room and half bath on the main level make hosting large gatherings a breeze! The master bedroom with massive walk in closet gleaming hardwood floors and spa inspired bath with double vanity and walk in shower are the perfect escape after a long day of work! Huge basement with bulkhead doors and high ceilings offer plenty of additional living area potential. Perfect space to add your "man-cave" , game room, home gym, or office! Seller has even included an additional lot! 13,250 sq. ft. of additional outside space for hosting the best summer barbecues! Easy to show!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017