1832 Bailey Drive
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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.
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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 |
|---|---|---|---|
| May 24, 2022 | No longer available | - | |
| No longer available | |||
| May 3, 2022 | In contract | - | |
| In contract | |||
| Apr 24, 2022 | Relisted | $1,495,900 | |
| Relisted | |||
| Apr 20, 2022 | In contract | - | |
| In contract | |||
| Apr 14, 2022 | Listed by Keller Williams Realty | $1,495,900 | |
| Listed by Keller Williams Realty | |||
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Beautiful single story ranch style home in the heart of Fire Mountain. Just 3 miles from the beach with easy access to the I-5 and 78 freeways. Close to restaurants, malls and shopping areas. Open floorplan with vaulted ceilings gives this 3 bedroom home natural light throughout. Master bedroom has a walk-in closet and sliding doors to the backyard. Open kitchen concept has a large honed granite-topped island, plenty of cabinet space, stainless steel appliances, and recessed lighting all through out. Three car garage with large attic room gives the home plenty of storage and parking space. Bonus room off of the garage allows for a home office or further storage space. Home includes a tank-less water heater to add to the comfort of this homes experience. Large backyard with low maintenance landscape that offers two separate seating areas and an outdoor shower. Enjoy ocean breezes and the California sunshine all year round with this great hillside home! The manager has listed the unit size as 1864 square feet.
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About Fire Mountain
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017