27 Bailey Road
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 |
|---|---|---|---|
| Dec 24, 2024 | Sold | ||
| Sold | |||
| Oct 11, 2024 | In contract | - | |
| In contract | |||
| Aug 22, 2024 | Listed by Lamacchia Realty, Inc. | $995,000 | |
| Listed by Lamacchia Realty, Inc. | |||
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This stunning 3 bed, 3.5 bath contemporary home is perfectly situated on a private pond, accessible through your backyard. The grand living room features cathedral ceilings, a cozy fireplace, and HW floors. The formal dining room boasts a breathtaking window wall flooding the space with natural light. The kitchen has a large island & breakfast bar, ideal for chefs and entertaining. A half bath w/ laundry and office complete the main level. Ascend to the 2nd floor to discover the primary suite, showcasing a cathedral ceiling with beams, an ensuite bathroom with a jacuzzi tub, and a skylight that invites the outdoors in. 2 addt'l bedrooms, a full bath, and a loft space offer flexibility and comfort. The finished basement has a 3rd full bath, bonus room with kitchenette, and exterior access. Outside on the expansive back deck, enjoy tranquil pond views and entertaining in the spacious yard. This remarkable home offers privacy on over 90 acres on 2 lots, both of which convey with the sale.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017