20855 Bay Shore Dr
About This Property
The manager has listed the unit size as 2250 square feet.
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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 |
|---|---|---|---|
| May 5, 2023 | Sold | ||
| Sold | |||
| Feb 3, 2023 | Listed by Century 21 First Group | $384,800 | |
| Listed by Century 21 First Group | |||
| | |||
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Come take a look at this stunning remodel with an open water view of Lake Palestine! The neighborhood offers a boat ramp, swimming beach and playground all within walking distance. The expansive front porch welcomes you and provides a peaceful place to enjoy your view of the lake. Once inside the home, the open floor plan shows off with a unique wood burning fireplace, wood casing and a new kitchen. The sleek design lends plenty of counter space, stainless steel appliances and a walk in pantry. The second living area or game room, provides an extra space for guests, oversized home office or hobby room. Enjoy the large primary bedroom and attached bath with double vanities, lighted mirrors and beautiful tile walk in shower. On the opposite side of the home are two additional bedrooms and a second full bath. Out back is a fully fenced yard with nice patio for grilling and outdoor entertaining. New energy efficient upgrades include spray foam insulation, roof, dual HVAC's and new windows.
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| Jan 13, 2023 | No longer available | - | |
| No longer available | |||
| Nov 18, 2022 | Price Decreased |
$399,900
↓ $25K
(5.9%) | |
| Price Decreased | |||
| Nov 8, 2022 | Price Decreased |
$424,900
↓ $15K
(3.4%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017