3201 Bayshore 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 |
|---|---|---|---|
| Oct 11, 2023 | Sold | ||
| Sold | |||
| Oct 10, 2022 | Listed by Houston Realty | $1,250,000 | |
| Listed by Houston Realty | |||
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Luxury living at it's finest! Use it as a home, VRBO or AIRB&B!Just about every major system has been redone/replaced within the last 5 years, such as A/C units, generator, pool, surround sound, water heaters, paint, bulkhead & driveway gate motor w/keypad access & remote system. 30 year roof in 2009, decking is trex lifetime warranty, elevator is maintained annually. It has a remote control mosquito spray system, a sprinkler system, landscape lighting, roomy outdoor kitchen & a temperature controlled wine closet! All windows have hurricane shutters or custom wood coverings. There's a separate guest suite w/a bathroom, sitting room & a fabulous view! Bottom floor rooms are connected w/a Hollywood bathroom & have a view w/access to the water. All of the downstairs is "hurricane clipped". Option to purchase empty lots directly in front of house - 0 Dwire, 102 Dwire, 106 Dwire and 110 Dwire. MUST SEE PROPERTY! Check out the virtual tours!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017