2423 Bay Rd
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 |
|---|---|---|---|
| May 3, 2024 | Sold | ||
| Sold | |||
| Mar 28, 2024 | In contract | - | |
| In contract | |||
| Mar 16, 2024 | Listed by RE/MAX Distinct Advantage | $975,000 | |
| Listed by RE/MAX Distinct Advantage | |||
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Rarely Available on Briggs Pond! Spectacular nature-lover's paradise on pristine Briggs Pond with direct Pond frontage & deeded access and panoramic waterviews! Enjoy canoeing, kayaking, fishing, swimming, relaxing, ice-skating all on your own private pond. Beautiful Custom Contemporary Home offers comfort and style plus Gorgeous views of natural serenity and Briggs Pond through walls of glass from dramatic 2-story Dining Room. Primary Bedroom features en-suite bathroom and both walk-in and double closets. Additional 2 bedrooms, 1 currently used as home office, + 4th bedroom in finished walk-out lower level. Lovely screened porch will enhance the year-round enjoyment of your "happy place" on the pond. Close proximity to Borderland State Park.
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| Aug 27, 2002 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017