1713 BAYSIDE DRIVE
About This Property
Seated across from Crab Alley Bay, this rancher style home is ready for it's next owners to make it their own. With two spacious living areas, water views from the whole front of the house, a primary suite with huge walk in closet, three full bathrooms, a sunroom leading out to the fenced in yard, a garage with water views and a workshop area, detached garage / oversized shed for additional storage, and so much more. The potential in this home is endless!
Marling Farms community area is just a few houses down the street, providing access to the water, kayak launch, playground, and community events. Just a short drive to the Bay Bridge and local shopping, dining, and fun.
Schedule your tour today to learn more about the potential this home and the Eastern Shore lifestyle offers!
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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