18 Bailey Place
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%.
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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 17, 2026 | Sold | ||
| Sold | |||
| Mar 15, 2026 | In contract | - | |
| In contract | |||
| Jan 27, 2026 | Listed by Century 21 Marciano | $1,150,000 | |
| Listed by Century 21 Marciano | |||
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Classic Tudor charm meets modern comfort in this beautifully maintained 4-bedroom, 3-full-bath home set on a quiet residential street in New Rochelle. The main level offers a highly functional layout featuring a spacious living room with recessed lighting and a frequently used wood-burning fireplace, a sunroom, and a formal dining area that flows seamlessly off the living spaces and kitchen, creating an ideal setting for both everyday living and entertaining. The kitchen is thoughtfully designed with Bosch appliances, a stainless steel Electrolux refrigerator, a generous Kohler farmhouse sink, corner cooktop, and ample cabinetry and storage. A first-floor bedroom suite provides excellent flexibility, tucked privately behind a custom farmhouse door and complete with a full bath, well suited for extended family, guests, or a home office setup. Upstairs, the primary bedroom offers comfortable proportions with an open closet system leading directly into the updated primary bathroom, renovated within the last four years. Two additional bedrooms are located on the second floor, including a large secondary bedroom and a third bedroom, both serviced by an updated hall bathroom. Pull-down attic access from the primary bedroom provides additional storage. The unfinished basement offers substantial storage space along with a dedicated washer and dryer area and direct access to the attached two-car, single-lane garage. Outdoors, enjoy a flat backyard with a side patio seating area, ideal for outdoor dining or relaxation. Additional highlights include central air conditioning throughout, select smart lighting features, and thoughtful updates throughout the home. The property is positioned one door from the neighborhood bus stop offering daily transportation to and from William B. Ward Elementary School. This home presents a rare opportunity to own a classic Tudor with modern upgrades, flexible living space, and exceptional functionality. Will not last!
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| Jul 23, 2021 | Sold | ||
| Sold | |||
| May 18, 2021 | Listed by Julia B Fee Sothebys Int. Rlty | $749,000 | |
| Listed by Julia B Fee Sothebys Int. Rlty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017