1628 Bailey Road
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 30, 2019 | Sold | ||
| Sold | |||
| Aug 3, 2019 | Listed by Gloria Nilson & Co. Real Estate | $414,000 | |
| Listed by Gloria Nilson & Co. Real Estate | |||
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Neighborhood Knockout!!!
A must see, very well maintain home in a perfect location! This spacious 3-bedroom ranch offers 1.5 baths, living room, dining room, eat in kitchen, family room with wood-burning stove, plus a full high and dry basement! Situated on a well manicured 100 x 100 lot, with a rear deck , matured trees and landscaping this outdoor space has so much to offer including room for a pool! A prime location just minutes to the beach, boardwalk, parks, golf, fishing, tennis and more! Extremely accessible to Rts.138,195 & 34 and just minutes to the GSP commuter parking lot make living here a commuter's delight! Don't take my word for it, please come see for yourself! Seeing is believing!
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| Aug 2, 2013 | Sold | ||
| Sold | |||
| Apr 6, 2012 | Listed by Chris Smith Realty | $345,000 | |
| Listed by Chris Smith Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017