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3 Bay Edge Drive
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 |
|---|---|---|---|
| Nov 25, 2025 | Sold | ||
| Sold | |||
| Oct 22, 2025 | In contract | - | |
| In contract | |||
| Oct 16, 2025 | Listed by Lamacchia Realty, Inc. | $445,000 | |
| Listed by Lamacchia Realty, Inc. | |||
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Any and All offers due by 12:00pm on Tuesday 10/21. Welcome home to this charming New England Cape full of warmth and character! This well-maintained 3-bedroom, 2-bath home offers a versatile layout ideal for today’s lifestyle. The main level features a bright living room, an eat-in kitchen, and a first-floor bedroom perfect for guests or a home office. A front-to-back sunroom on the side of the home provides the perfect spot to relax or entertain year-round. Upstairs offers two spacious bedrooms and a full bath. Outside, enjoy a level, fenced-in backyard complete with a paver patio—ideal for gatherings, pets, or play. Conveniently located near UMass Memorial, shopping, restaurants, and major routes including Rt 9, 20, 146 & the MA Pike.
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| Nov 21, 2008 | Sold | ||
| Sold | |||
| Oct 2, 2008 | Listed | $224,900 | |
| Listed | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017