186 Bay Ln
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 5, 2019 | Sold | ||
| Sold | |||
| Feb 28, 2019 | No longer available | - | |
| No longer available | |||
| Jan 23, 2019 | Listed by Sotheby's International Realty | $1,075,000 | |
| Listed by Sotheby's International Realty | |||
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Saltwater views surround this lovely newly remodeled Royal Barry Wills cape tucked away privately on over an acre. This is a delightful retreat with all new kitchen with Fisher & Paykel refrigerator, luxury tiled baths,new central air, and heating system,roof, lighting, and so much more! Large first floor master offers a huge walk in closet, and wonderful private bath. Second level, two bedrooms full bath and spacious closets. Fully finished lower level features a fireplace and wet bar, large laundry room, bedroom and an office. Steps to deeded private way to water for kayaking. Close to two ocean beaches & town dock.
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| Sep 5, 2018 | Listed by Craigville Realty, Inc. | $1,075,000 | |
| Listed by Craigville Realty, Inc. | |||
| May 12, 2017 | Sold | ||
| Sold | |||
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