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17254 Bay Street
About This Property
Nestled within the prestigious Jonathan's Landing community, residents enjoy access to world-class amenities, including championship golf courses, tennis courts, and a state-of-the-art clubhouse. With convenient proximity to fine dining, shopping, and pristine beaches, this is coastal living at its finest. Don't miss your opportunity to experience luxury living at its best. Schedule a showing to explore the opportunities associated with 17254 Bay St!
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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 |
|---|---|---|---|
| Apr 23, 2025 | Sold | ||
| Sold | |||
| Feb 8, 2025 | In contract | - | |
| In contract | |||
| Jan 20, 2025 | Listed by Holland Group Real Estate LLC | $2,950,000 | |
| Listed by Holland Group Real Estate LLC | |||
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Enjoy waterfront living in the highly sought-after gated community of Jonathan's Landing. This three-bedroom, three-bathroom home offers direct ocean access with no fixed bridges and 120' recorded pier easement , making it ideal for boating enthusiasts. Inside, the home has a spacious, open floor plan filled with natural light. Check out the renderings in the photos tab to see how updated decorating and cosmetic changes can quickly modernize this home (renderings are for conceptual purposes only)! The home features a two-car garage with separate golf cart garage allowing plenty of parking. With its prime location and ocean access, this property presents a great opportunity to enjoy the best of waterfront living in Jonathan's Landing.
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About Jonathan's Landing
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017