22040 Bailey Grove 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 |
|---|---|---|---|
| Dec 19, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Dec 6, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Oct 17, 2025 | Price Decreased |
$355,000
↓ $10K
(2.7%) | |
| Price Decreased | |||
| Sep 11, 2025 | Price Decreased |
$365,000
↓ $15K
(3.9%) | |
| Price Decreased | |||
| Jun 30, 2025 | Listed by EXIT Lone Star Realty | $379,900 | |
| Listed by EXIT Lone Star Realty | |||
| | |||
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Great country living without the commute. Beautiful 2 Bedroom 1 full bath home and a flex space in the upstairs loft. Electric fireplace in living room, 3 mini split wall units. Beautiful 2.75 acres with a private pond.
This property is minutes from downtown Montgomery with shopping, dining, groceries and entertainment. Stainless steel appliances!! REFRIGERATOR, washer and dryer included!
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Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Montgomery
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$1,000 /mo
- 1 Bed
- 1 Bath
- 641 ft²
$1,550 /mo
- 3 Beds
- 2 Baths
- 1,736 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017