2102 Bay Drive
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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 |
|---|---|---|---|
| Feb 4, 2022 | Sold | ||
| Sold | |||
| Nov 16, 2021 | No longer available | - | |
| No longer available | |||
| Sep 12, 2021 | Relisted | $6,500,000 | |
| Relisted | |||
| Apr 27, 2021 | No longer available | - | |
| No longer available | |||
| Sep 11, 2020 | Listed by Florida Luxurious Properties | $6,300,000 | |
| Listed by Florida Luxurious Properties | |||
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Direct Ocean front parcel offering 16,525 square feet of land to build your custom estate. Quite area with several other multi million dollar estates. Ocean frontage measures 96' with 139' on street. Enjoy Hillsboro Lighthouse views and tranquil Ocean breezes.
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About Hillsboro Shores
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017