25 Bay Road
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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%.
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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.
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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 |
|---|---|---|---|
| Jul 27, 2020 | Sold | ||
| Sold | |||
| Jul 3, 2020 | No longer available | - | |
| No longer available | |||
| Jul 2, 2020 | In contract | - | |
| In contract | |||
| Jan 22, 2020 | Listed by Brown Harris Stevens W Hampton | $5,800,000 | |
| Listed by Brown Harris Stevens W Hampton | |||
| Oct 7, 2019 | Listed by Brown Harris Stevens (Westhampton Beach) | $5,800,000 | |
| Listed by Brown Harris Stevens (Westhampton Beach) | |||
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On a private lane, south of the highway, in the quaint Village of Quogue, you'll find this newly constructed home, perfectly sited on 2 landscaped acres. This exceptionally designed 7,000 square foot home features two master bedroom suites, one on the first floor, and the other, which can be accessed via the elevator, on the second floor. There are four additional en suite bedrooms along with a spacious bonus room with water views and a laundry room on the second floor. The spacious open floor plan includes a living room and family room, both with fireplaces, dining room, large country kitchen, butler's pantry, wine cabinet, second laundry room with extra storage room and a mud room. Through the mud room is your access to the three-car garage. The landscaped grounds feature a 55 foot heated Gunite pool with hot tub, an 8 foot sundeck and a pool pavilion with built-in BBQ and sink. Permits are in place for a tennis court and there is deeded access to the water for kayaking and paddle boarding. The manager has listed the unit size as 7000 square feet.
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Data Source: OneKey MLS
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017