1701 BAYSIDE DRIVE
About This Property
Connected by a breezeway, the property also includes a 1-bedroom, 1-bath guest suite with a full kitchen, perfect for extended family or guests.
Situated on a corner lot directly across from public water access, you'll enjoy forever-protected views from your deck and patio plus access to the pier, ramp, playground, grills, and gazebo. Major updates in 2022 include the roof, ductless heating/AC, propane baseboard heating, and windows. One car garage with plenty of parking in the driveway!
Enjoy the best of Eastern Shore living in this beautifully maintained waterfront gem!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017