2305 Bay Drive
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 |
|---|---|---|---|
| May 17, 2024 | Sold | ||
| Sold | |||
| Jan 20, 2024 | Listed by Douglas Elliman | $4,495,000 | |
| Listed by Douglas Elliman | |||
| Aug 23, 2023 | No longer available | - | |
| No longer available | |||
| Mar 25, 2023 | Listed by Douglas Elliman | $4,750,000 | |
| Listed by Douglas Elliman | |||
| | |||
|
Indulge in the ultimate in Beachside Living w/ this Luxurious Estate Just Steps from the Sand and Sea, providing the Quintessential Oasis for Relaxation and Entertaining. Tastefully Renovated, this Residence Boasts 6 Bedrooms, 5 Baths, a Wine Room, Control 4 , 3-car Garage & a Rooftop Sanctuary w/ Panoramic Ocean Views. BRAND NEW 2023 ROOF w/ a 25 yr transferable warranty! Full House Generator, Impact Windows and Doors, this Coastal Haven Features a Resort-Style Pool w/ a Rain Wall Cascading over a Shaded Pergola. The First Floor Includes a Guest Residence w/ a Separate Entrance, a Full Kitchen & Spacious Living Room - Perfect for Hosting Guests or Generating Rental Income. Seller will consider Owner Financing! The manager has listed the unit size as 5277 square feet.
| |||
| Nov 7, 2003 | Sold | ||
| Sold | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Hillsboro Shores
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$5,000 /mo
- 2 Beds
- 2 Baths
- 1,050 ft²
$8,200 /mo
- 3 Beds
- 2 Baths
- 1,799 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017