271 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 |
|---|---|---|---|
| Feb 27, 2025 | Sold | ||
| Sold | |||
| Jan 13, 2025 | In contract | - | |
| In contract | |||
| Jan 10, 2025 | Listed by Lamacchia Realty, Inc. | $485,000 | |
| Listed by Lamacchia Realty, Inc. | |||
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Your Dream Home Awaits! This meticulously maintained colonial is perfectly situated just minutes from Holden Center, where charming shops and restaurants await. Inside, you’ll find a fireplaced living room with custom built-ins for ample storage, a formal family room, and a dining room with hardwood floors and a classic chair rail. The cabinet-packed kitchen boasts granite countertops, new stainless steel appliances (2024), and a stylish backsplash. A bright and airy sunroom with skylights, a vaulted ceiling, and deck access is perfect for relaxation or entertaining. The second level offers four generously sized bedrooms and a full bath. Recent big-ticket updates include a newer roof, windows, left side garage door opener, boiler and a replacement D-box for the septic system. Outside, enjoy a large yard, two decks, and the convenience of a two-car attached garage. Welcome Home!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017