27382 North Bay 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 |
|---|---|---|---|
| Jul 3, 2025 | Sold | ||
| Sold | |||
| Jun 5, 2025 | In contract | - | |
| In contract | |||
| May 31, 2025 | Price Decreased |
$825,000
↓ $25K
(2.9%) | |
| Price Decreased | |||
| May 10, 2025 | Price Decreased |
$850,000
↓ $25K
(2.9%) | |
| Price Decreased | |||
| Mar 11, 2025 | Listed by Real Broker | $875,000 | |
| Listed by Real Broker | |||
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Welcome to this stunning mountain retreat, ideally located just minutes away from Blue Jay on a county maintained access road. This home combines the best of nature’s beauty with thoughtful updates and luxurious amenities, offering a serene lakeside lifestyle just waiting for you to enjoy. Step inside this level entry home and you will find soaring high ceilings that elevate the spacious, open floor plan, complemented by stunning tongue and groove wood paneling that brings the warmth and charm of the mountains right into your living space. Cozy up by one of the three inviting fireplaces scattered throughout the home, or unwind in the large family room featuring a wet bar, perfect for entertaining friends and family. The recently updated kitchen features granite counter tops and stainless steel appliances. Both of the expansive decks have been recently rebuilt with trex type decking and a jacuzzi offering the perfect space to entertain or relax while taking in the gorgeous lake views while being surrounded by nature. The main floor primary suite provides easy access to the main living areas while offering privacy and a peaceful retreat. With air conditioning throughout, you'll stay cool no matter the season, and the level entry ensures effortless access to your mountain home.This property offers a unique opportunity to live in a tranquil and sought-after area while enjoying modern conveniences and timeless mountain charm. Schedule your showing today and experience all the amenities this exceptional home has to offer.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017