272 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 |
|---|---|---|---|
| Oct 11, 2017 | Sold | ||
| Sold | |||
| Jul 30, 2017 | Listed | $114,900 | |
| Listed | |||
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This well maintained 2007 manufactured home with 4 BR and 2 full bath is located on 1.5 acres, features a wood burning fire place and a 15 x 14 deck with mountain views and plenty of lawn for all your family functions. The master BR offers a whirl pool tub and a walk in shower. Snow machine trail right down the street. Drive way has been ledge packed and has plenty of parking. The manager has listed the unit size as 1512 square feet.
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| Feb 22, 2017 | Listed by RE/MAX Northern Edge | $114,900 | |
| Listed by RE/MAX Northern Edge | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017