35
Map
280 Bay Drive
About This Property
Experience breathtaking sunsets and effortless waterfront living in this beautifully renovated ranch, ideally situated in the sought-after Old Harbour Green community. Designed for both everyday comfort and exceptional entertaining, this home features an updated PVC bulkhead, a heated saltwater in-ground pool with waterfall, new heating and central air systems, and energy-efficient open-cell spray foam insulation.
The stunning chef's kitchen is the centerpiece of the home, showcasing quartz countertops, double Wolf ovens, a BlueStar professional-grade range, and premium finishes throughout. Spacious living and entertaining areas flow seamlessly to the outdoor oasis, creating the perfect setting for gatherings large and small.
Whether relaxing poolside, enjoying waterfront views, or taking in spectacular sunsets from your backyard, this exceptional property offers the ideal blend of luxury, comfort, and coastal living.
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Cap Rate Calculator
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 5, 2026 | Sold | ||
| Sold | |||
| Jul 18, 2026 | In contract | - | |
| In contract | |||
| Jun 29, 2026 | Listed by Owner Entry.com | $2,395,000 | |
| Listed by Owner Entry.com | |||
| Jun 17, 2022 | In contract | - | |
| In contract | |||
| Jun 4, 2022 | Listed by Douglas Elliman Real Estate | $1,890,000 | |
| Listed by Douglas Elliman Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017