27506 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 |
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| Dec 2, 2025 | Sold | ||
| Sold | |||
| Nov 4, 2025 | In contract | - | |
| In contract | |||
| Oct 24, 2025 | Listed by COLDWELL BANKER SKY RIDGE REALTY | $1,450,000 | |
| Listed by COLDWELL BANKER SKY RIDGE REALTY | |||
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Stunning lake views from all 3 levels and pride of ownership. Located off a private road you will arrive at your 2 garage, 3500+ sqft home with brick walkway that leads you to a stunning covered porch. Enter in and be wowed with soaring vaulted ceilings and a lake view that makes you feel like you're on top of the lake. The main floor living space is equipped with wood burning fireplace, wine closet with humidity and temp control, large half bath, dinning room, kitchen and breakfast nook. Down the hall you will find the laundry room, office space, main floor bedroom and 3/4 bath. The deck is partially covered and allows you to take in the ridgeline and lake views. Upstairs is the garage entry and the primary suite. The primary suite has a private balcony, sitting area and fully renovated on-suite with heated floors soaking tub, dual sinks and shower. The bottom floor is where you will find the family room and 3 other bedrooms and full bath. The attached deck will take you to an even lower area where you can enjoy another seating area with fire-pit and even a bocce ball/corn hole game area. The home has had many upgrades and renovations, including newer da Vinci roof, newer AC unit, mini split on the top level, full house generator, flooring, paint, replaced slider doors, and the grounds are beautifully landscaped. You must see this in person to truly appreciate all that it has to offer. Home is being offered furnished minus sellers personals and exclusions. Home is located in Arrowhead Woods and does have lake rights. You'll even find the lake trails located not far away. Don't pass this one up.
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| Sep 10, 2020 | Sold | ||
| Sold | |||
| Jul 30, 2020 | Listed by RE/MAX LAKESIDE | $785,000 | |
| Listed by RE/MAX LAKESIDE | |||
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Lake View Arrowhead home that is fit for large gatherings, multi-generational or just for whole lot of friends to come together! Incredible views of the lake and whole Mountain Ridge behind. Not just a peak or filtered or seasonal.. this is a full on real Lake-Views from this 3400sq' 5bed/4ba home. Kitchen was just remodeled and is plenty spacious. Entire upper level is dedicated to the Master Retreat. Living room with the vaulted wood-beamed ceilings and the wood-burning fireplace all opens to the lovely deck and those massive views. Lower level features the game room with 2nd deck and fireplace, 3 more bedrooms and another full bathroom. Main level has it's own guest suite and hobby room too. Attached garage with direct entry, A/C, indoor laundy and of course full lake-rights. the home is clean, neat and well maintained by current owners. Please see your virtual tour at: https://www.tourfactory.com/idxr2774549
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017