18 Bay View Drive
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 |
|---|---|---|---|
| Apr 28, 2025 | Sold | ||
| Sold | |||
| Mar 27, 2025 | In contract | - | |
| In contract | |||
| Mar 18, 2025 | Listed | $2,000,000 | |
| Listed | |||
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Welcome to 18 Bay View Dr Swampscott,a beautifully designed 4-bedroom,4.5 baths,home offering multiple levels of exquisite living space.Nestled in a prime location this home boasts breathtaking ocean views and an exceptional layout perfect for both relaxation and entertaining.Built in 2012 by Paradise construction this beautiful sun-drenched living spaces with large windows that frame the picturesque waterviews.First floor open-concept living room/dining with gas fireplace that leads to the covered deck with amazing water views.The gourmet kitchen with top-of-the-line appliances,custom cabinetry,oversized island.The 2nd floor features spacious primary suite that boasts a private balcony,spa-like ensuite bath&walk-in closet.2 additional bedrooms& full bath.3rd floor offers a flexible space for 4th bedroom or home office.Lower level features bonus family room with gas fireplace,covered deck,full bath,washer/dryer,large closet&Lovely yard.This home is minutes from beaches,dining,shops.
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| Dec 1, 2017 | Sold | ||
| Sold | |||
| Aug 22, 2017 | Listed by Harborside Sotheby's International Realty | $1,198,000 | |
| Listed by Harborside Sotheby's International Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017