30 Bailey Rd
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 1, 2024 | Sold | ||
| Sold | |||
| May 29, 2024 | Listed by Schruender Realty | $789,000 | |
| Listed by Schruender Realty | |||
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Welcome to Andover and what could be your future home. This 4-bedroom, 3-full-bath house offers 3,600 sqft of living space, ready for your renovation ideas. Located in a desirable neighborhood, this property boasts a large yard perfect for outdoor activities. The interior features a spacious living room, dining area, and a kitchen awaiting your modern touch. The bedrooms are generously sized, and the existing bathrooms provide a solid foundation for updating with your personal style. The 2 enclosed porches offer a lovely view of both the front and backyard.Close to excellent schools, parks, shopping, and dining options. While in need of renovation, this property presents a unique opportunity to create your dream home. Any and all offers will be due on Tuesday, June 4th, 2024 by 12 p.m.
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| Apr 30, 1991 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017