1563 Bay Rd
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 |
|---|---|---|---|
| Jun 25, 2024 | Sold | ||
| Sold | |||
| May 8, 2024 | Listed by Compass | $849,900 | |
| Listed by Compass | |||
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Introducing 1563 Bay Rd, a meticulously maintained colonial home nestled in Sharon, one of Massachusetts' top 10 towns, offering the perfect blend of convenience and comfort. Recent upgrades, including a newer roof, windows, and freshly painted exterior, ensure worry-free living for years to come .Step inside to discover an ideal layout featuring a family room and a formal living room, providing ample space for entertaining. The white kitchen, sleek black granite countertops, is perfect for today’s discerning buyer. With a two-car garage and abundant basement storage, there's room for all your needs. The first floor also features a convenient half bath, while a wood-burning stove promises cozy winters and reduced heating costs. Outside, the deck offers serene views of the natural surroundings, providing the perfect spot for entertaining and family enjoyment. Don't miss out on the opportunity to make this move-in ready home yours - it's the one you've been waiting for!
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| Apr 16, 2008 | Sold | ||
| Sold | |||
| Jan 30, 2008 | Listed by Compass | $399,900 | |
| Listed by Compass | |||
| Jun 25, 2002 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017