27439 N Bay Road
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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%.
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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.
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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 30, 2020 | Sold | ||
| Sold | |||
| Nov 5, 2020 | Listed by HK Lane Real Estate | $4,175,000 | |
| Listed by HK Lane Real Estate | |||
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*Rainbow Point - Architecturally designed Lakefront home situated to take advantage of breathtaking water views. Offering approx. 90 ft. of exclusive south facing shoreline. Upon entry, the magnitude of open concept living is present. The floor to ceiling windows enhance the dramatic entrance bringing the outdoors in. Custom craftsmanship detail handcrafted trusses to a One of a Kind 2 story, 3-sided stone fireplace. The great room opens to dining, gourmet kitchen with Sub-Zero & Wolf appliances, sun filled living & den areas. The primary suite located on it's own upper & private level; dual baths & closets, fireplace & balcony offering more panoramic glistening water views. There are 2 home offices and above the detached 3 Car Garage with heated Driveway, is the 4th Bedroom Suite currently being used as hobby room. Stickley furnishings available for a simple move in experience. Private dock & self-contained dock house & more. More photos to come.
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| Aug 17, 2017 | Sold | ||
| Sold | |||
| Jul 9, 2017 | Listed | $3,400,000 | |
| Listed | |||
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French Country Architecture meets sophisticated lodge. This pristine lakefront home is for the detail oriented! Custom designed and built in 2004 and still shows brand new. From the three sided granite fireplace, the handcrafted trusses and woodwork and timeless choices of finishing accents this home is current in every way. 4 bedrooms include a private and separate master suite with his and her own bath amenities. 3 additional Guest suites are tastefully appointed one of which is its own separate apartment. An unobstructed and impressive water view highlights this property as does the dock and fully self contained dock house. A must see!The manager has listed the unit size as 4545 square feet.
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| Jun 21, 2017 | Listed by CAPRE | $3,400,000 | |
| Listed by CAPRE | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017