3403 Bay Front Drive
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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 |
|---|---|---|---|
| Feb 6, 2017 | Sold | ||
| Sold | |||
| Sep 22, 2016 | Listed by Mahler Realty | $365,000 | |
| Listed by Mahler Realty | |||
| Feb 26, 2015 | Sold | ||
| Sold | |||
| Jan 15, 2014 | Listed by RE/MAX Hearthstone | $229,000 | |
| Listed by RE/MAX Hearthstone | |||
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Waterfront Community Of Bay Colony W/Private Beach/Marina Is Priced To Sell. Cash Buyers Only! Property Sold "As Is". Handyman Special. First Floor Partially Gutted Due To Sandy. All Information Including, But Not Limited To Taxes Lot Size And Age Of Property Are Not Guaranteed And Should Be Independently Verified. Short Sale - *Subject To Bank Approval*, Additional information: Separate Hotwater Heater:Yes
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017