1863 Bay Road
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 |
|---|---|---|---|
| Jul 7, 2011 | Sold | ||
| Sold | |||
| Mar 24, 2011 | Listed by Berkshire Hathaway HomeServices Evolution Properties | $350,000 | |
| Listed by Berkshire Hathaway HomeServices Evolution Properties | |||
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Fabulous private setting for this home which sits way back in from Bay Rd featuring step down fireplaced Great Room with hardwood flrs, wood catherdral ceiling, skylights & wall of glass, large eat-in kitchen, granite counter tops, hardwood flrs, wood catherdral ceiling & skylight plus 3 very spacious bedrooms & 2 full baths. Master Bedroom has large dressing area with lots of closet space. New gleaming hardwood floors. Seller will consider offers in the range of $350,000 - $380,000.
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| Jun 16, 2010 | Listed by Coldwell Banker Residential Brokerage - Sharon | $399,999 | |
| Listed by Coldwell Banker Residential Brokerage - Sharon | |||
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Fabulous private setting for this home that sits way back in from Bay Rd featuring step down fireplaced living rm with wood catherdral ceiling, skylights & wall of glass, large eat-in kitchen with granite counter tops & wood catherdral ceiling, skylight & wood flooring, plus 3 very spacious bedrooms & 2 full baths. Master Bedroom has large dressing area. Enjoy the views from your wrap around deck with access from the kitchen as well as the living rm to landscaped lot.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017