22916 E Bailey Cir
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 |
|---|---|---|---|
| Jun 25, 2026 | Sold | ||
| Sold | |||
| Jun 11, 2026 | In contract | - | |
| In contract | |||
| May 15, 2026 | Listed | $875,000 | |
| Listed | |||
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Welcome to refined, low maintenance living in the highly sought after 55+ community of Inspiration. A rare and highly desirable feature of this Toll Brothers residence is the private second story loft and bedroom, ideal for multi generational living, live in caretakers, or guests seeking their own retreat. This unique layout sets the home apart within the community. Offering over 4,200 square feet of thoughtfully designed living space, the home blends comfort, quality craftsmanship, and everyday ease. Warm engineered hardwood flooring welcomes you into light filled living spaces, including a private den and expansive great room designed for relaxing and entertaining. A beautiful custom bar adds warmth and sophistication to the main living area. The kitchen features a large eat in island, slab granite countertops, stainless steel appliances, abundant cabinetry, and a spacious walk in pantry. The sunlit breakfast nook opens seamlessly to the enclosed patio, where a lovely elevated view creates the perfect setting for morning coffee or evening sunsets. The main level includes a private secondary bedroom and stylish three quarter bath with a walk in ADA shower. The peaceful primary suite offers dual vanities, an oversized walk in shower, and a spacious walk in closet. Downstairs, the basement includes a gorgeous home gym. Residents enjoy access to Inspiration's exceptional Hilltop Club with a resort style pool, pickleball and tennis courts, bocce ball, fitness center, movement studio, library, and vibrant community gathering spaces. This home offers the perfect blend of luxury, comfort, and active adult living.
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| Sep 20, 2022 | Sold | ||
| Sold | |||
| Jun 15, 2022 | Listed | $750,000 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017