21 Bailey Avenue
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 12, 2024 | Sold | ||
| Sold | |||
| Feb 27, 2024 | In contract | - | |
| In contract | |||
| Feb 22, 2024 | Listed by J. Barrett & Company | $849,000 | |
| Listed by J. Barrett & Company | |||
| | |||
|
Location-Location-Location! Welcome to your ideal Riverfront Retreat. This 3-bedroom, 1-bathroom Ranch Home on the Danvers River offers unobstructed views and a public launch for dingys, kayaks, jet ski's, etc. Enjoy one-level living (or add 2nd floor!) with hardwood floors beneath ALL the carpet. Feel the warmth of the heated bathroom floor on your feet.This home is saturated with sun through the bay window, heating up the rooms in the winter and welcoming the breezes of the river to cool off in the summer. The property features a 2-car garage with ample storage and a large deck for outdoor relaxation. Rubber roof only 10 years old, construction of home is 2x6. Fenced-in yard for added privacy for parties, cook-outs or just kicking back. Don't miss out on the perfect blend of comfort, convenience, and stunning river views. Don't miss this chance to be by the water this summer! No showings until the open house.
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017