157 Baird Road
About This Property
Beautiful One of a Kind three story 3/3.5 beach home tucked into a unique natural forest setting. This great home has wrap around decks on all 3 levels with an expansive rear deck on the first floor. The home has lots of custom touches including: cork flooring, beautiful kitchen with huge island, lots of built ins, tiled area for fireplace, huge master bedroom, and much more. This lovely home is in a great location just a short walk from the beach and near shopping, restaurants, schools, entertainment, hospital and more. Come see this great property today!!
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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 |
|---|---|---|---|
| Mar 27, 2024 | No longer available | - | |
| No longer available | |||
| Jan 19, 2024 | No longer available | - | |
| No longer available | |||
| Jan 19, 2024 | Listed by EXP REALTY LLC | $1,650,000 | |
| Listed by EXP REALTY LLC | |||
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Tucked away in a secluded wooded enclave with a mesmerizing natural aquifer as its centerpiece, this three-story coastal residence stands out with its unique design. The property features a magical aquifer which acts as a magnet for birds and wildlife, adding to the tranquil charm of the setting. Spend serene moments on the sheltered porch amidst the lush foliage or indulge in some evening stargazing or fireside s'mores.This property is second-to-none and would make a peaceful primary residence or memorable second home/vacation rental property with gross rental projections ranging between $90K - $130K. Pristinely maintained, the interior and exterior of this beach home are a seamless extension of the coastal and serene environment, boasting coastal chic decor with shiplap walls The manager has listed the unit size as 2250 square feet.
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| Jan 17, 2024 | Price Decreased |
$1,650,000
↓ $50K
(2.9%) | |
| Price Decreased | |||
| Nov 11, 2023 | Listed by EXP REALTY LLC | $1,700,000 | |
| Listed by EXP REALTY LLC | |||
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Tucked away in a secluded wooded enclave with a mesmerizing natural aquifer as its centerpiece, this three-story coastal residence stands out with its unique design. The property features a magical aquifer which acts as a magnet for birds and wildlife, adding to the tranquil charm of the setting. Spend serene moments on the sheltered porch amidst the lush foliage or indulge in some evening stargazing or fireside s'mores.This property is second-to-none and would make a peaceful primary residence or memorable second home/vacation rental property with gross rental projections ranging between $90K - $130K. Pristinely maintained, the interior and exterior of this beach home are a seamless extension of the coastal and serene environment, boasting coastal chic decor with shiplap walls The manager has listed the unit size as 2250 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017