187 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 |
|---|---|---|---|
| Jan 18, 2018 | Sold | ||
| Sold | |||
| Mar 28, 2016 | Listed by William Raveis R.E. & Home Services | $650,000 | |
| Listed by William Raveis R.E. & Home Services | |||
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Where else are you going to find just under an acre of waterfront with a licensed dock on Bumps River with access to Centerville River and beyond for $675,000?! Water sport aficionados this is a perfect spot for fishing, kayaking, or boating out to Nantucket Sound. What an amazing opportunity to own a piece of Olde Cape Cod in this warm and inviting year round cottage with hardwood floors throughout, gas fireplace, newer Anderson windows, newer heating system & hot water heater. Plenty of additonal room in the partially finished basement. Privacy galore in your own backyard, take in the ocean breeze, relax and enjoy your piece of heaven on earth. Very easy to show. Passing Title V in hand. Make this your best summer yet, come see for yourself the endless possibilities- bring your color palette and make it your own. Bring your buyers, they will thank you.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017