33 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 19, 2019 | Sold | ||
| Sold | |||
| Mar 2, 2018 | Listed by LAER Realty Partners / Janet Cramb & Company | $275,000 | |
| Listed by LAER Realty Partners / Janet Cramb & Company | |||
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BACK ON THE MARKET! Charming cottage on 44 ACRES just minutes from Lunenburg now listed for the low price of $275,000. This is your chance to own your own forest OR build to suit. This house is a gem with new roof, new siding, and new doors in 2015. Newer high-end windows and electric panel, plus an artesian well. This charmer has much to offer but failed Title V. Buyer is responsible for septic design and replacement. Cash offer needed due to Title V issue. Buyer/Buyer Agent responsible for all due diligence, testing, permits. OWNER RETIRING AND READY TO MOVE!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017