2507 Bayfront Drive
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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 |
|---|---|---|---|
| Nov 3, 2023 | Sold | ||
| Sold | |||
| Sep 13, 2023 | Listed by AroundTown Properties Inc | $915,000 | |
| Listed by AroundTown Properties Inc | |||
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Welcome to 2507 Bayfront Drive, located in a highly sought-after gated community in Shadow Creek Ranch! This exquisite home features 5 bedrooms, 4.5 baths, a 4-car air-conditioned garage–all sitting on over 13,000 sq ft of breathtaking, private waterfront views. The open design living area features a wall of windows overlooking the water with a kitchen that is any chef's dream. The owners’ suite easily fits king-sized furniture with bay windows for additional seating and a must-see walk-in closet. Watch your favorite movies/sporting events in the gameroom with direct access to the upstairs balcony. Upstairs are spacious secondary bedrooms along with your very own waterfront workout room. Spend your weekends relaxing in the backyard oasis complete with a recently built 65 ft pool, inviting covered patio and plenty of additional green space. This home is truly one-of-a-kind.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017