42
Map
245 North Bay Road
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 |
|---|---|---|---|
| Dec 3, 2025 | Sold | ||
| Sold | |||
| Oct 16, 2025 | In contract | - | |
| In contract | |||
| Sep 15, 2025 | Listed by Berkshire Hathaway HomeServices Robert Paul Properties | $5,895,000 | |
| Listed by Berkshire Hathaway HomeServices Robert Paul Properties | |||
| Aug 23, 2025 | No longer available | - | |
| No longer available | |||
| Apr 4, 2025 | Listed by LandVest, Inc. | $6,285,000 | |
| Listed by LandVest, Inc. | |||
| | |||
|
From its elevated perch, this property commands the finest golf course views on Oyster Harbors. The course, a Donald Ross masterpiece, was recently restored by acclaimed architect Gil Hanse, transforming it into a championship-level experience certain to rank among the best in Massachusetts.Built by the area’s premier builder and designed by Royal Barry Wills, the residence blends timeless architecture with thoughtful modern updates. The main level features a luxurious primary suite, while four additional bedrooms accommodate family and guests, two of which are part of a connected apartment complete with its own kitchenette and living room. A butler’s pantry, laundry, and full bath sit adjacent to the original Smallbone kitchen, tastefully updated to preserve its charm.Five working fireplaces add warmth throughout the seasons, while a wine cellar, designer closets, and storage ensure comfort year-round. Outside, the pool and hot tub are perfectly sited for privacy and tranquility
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017