325 Bay Parkway
About This Property
Perched on the peaceful shores of Barnegat Bay, this magnificent 8.3-acre bayfront property stands as a unique gem, offering an unparalleled blend of luxury, serenity, and natural splendor.
Boasting panoramic views, this estate serves as a haven for those in pursuit of an extraordinary lifestyle and seclusion.
The expansive home spans 4,547 square feet, featuring Five generously sized bedrooms with four full baths, a living room complete with a pool table and ample space for hosting, a family room with a gas fireplace, and an open floor plan that provides waterfront views from nearly every room... A large gourmet kitchen with granite countertops and a surrounding deck awaits...
Venture outside to be enveloped by the stunning panoramic vistas of Barnegat Bay. Gaze upon LBI's Old Barney Lighthouse and Island State Park from the impressive 450-foot bulkhead and the 200-foot pier/dock... Stroll or unwind on your private sandy beach leading to the Point... The property also boasts a lap/exercise pool, a relaxing hot tub, an oversized two-car garage with additional storage, and a generator to guarantee continuous comfort and security...Listing Agent must accompany all showings.
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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 |
|---|---|---|---|
| Sep 27, 2024 | Sold | ||
| Sold | |||
| Aug 30, 2024 | In contract | - | |
| In contract | |||
| Jul 30, 2024 | Listed by Keller Williams Atlantic Shore | $2,150,000 | |
| Listed by Keller Williams Atlantic Shore | |||
| May 2, 2020 | No longer available | - | |
| No longer available | |||
| Nov 4, 2019 | Listed | $1,695,000 | |
| Listed | |||
| | |||
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ONE OF A KIND 4500+ SQ. FT. BAYFRONT HOME The manager has listed the unit size as 4547 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017