304 Bailey Hill Road
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 |
|---|---|---|---|
| Aug 27, 2025 | Sold | ||
| Sold | |||
| Jul 2, 2025 | In contract | - | |
| In contract | |||
| Jun 26, 2025 | Listed by The Neighborhood Realty Group | $157,500 | |
| Listed by The Neighborhood Realty Group | |||
| Aug 22, 2023 | Sold | ||
| Sold | |||
| Jul 6, 2023 | Listed by RE/MAX Realty Group | $124,900 | |
| Listed by RE/MAX Realty Group | |||
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New listing. First time offered. WHAT A FIND! This move in condition 2 bedroom and 2 full bath manufactured home has everything. A beautiful new kitchen with all stainless steel appliances, granite countertops and separate dining area. Livingroom recessed lighting, electric fireplace and front bay window. The primary bedroom has it's own private newer bath. Also no carpet as this home has laminate flooring throughout. There is also a spacious 2nd bedroom. On the exterior there is nicely painted siding, shingled roof, enclosed front porch entry and a large rear Trex deck. And there's more a 20' one car garage, shed and even parking for your boat, camper or multiple vehicles. Come on down and take a look. This leased land and the ground lease is $415. per month. Includes water. All buyers are subject to park approval. Dog allowed with park owner permission. Large front and rear lot.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017