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3505 Bay Front 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 |
|---|---|---|---|
| May 29, 2026 | In contract | - | |
| In contract | |||
| Apr 7, 2026 | No longer available | - | |
| No longer available | |||
| Apr 6, 2026 | Listed by Signature Premier Properties | $1,750,000 | |
| Listed by Signature Premier Properties | |||
| Oct 6, 2025 | No longer available | - | |
| No longer available | |||
| Oct 6, 2025 | Listed by Signature Premier Properties | $1,750,000 | |
| Listed by Signature Premier Properties | |||
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Completion 2/26/26 3505 Bayfront Drive, Baldwin Harbor – Waterfront Luxury with Customization Options Experience unparalleled waterfront living in this brand-new Center Hall Colonial, blending modern elegance with impeccable craftsmanship across nearly 3,000 square feet. Perfectly positioned on Baldwin Bay, this home features a private 85-foot pier, ideal for boating, fishing, or simply soaking in breathtaking sunset views. Designed for Entertaining The heart of the home is a chef’s dream kitchen, complete with a center island designed for culinary tastings and gatherings. Flow seamlessly into the family room, where glass doors open to a spacious deck overlooking the water, creating the perfect setting for after-dinner drinks with a view. Luxury Living with Private Suites The second floor boasts three private en-suites, including a primary retreat with two walk-in closets, spa-like bath, and a private waterfront veranda—your personal escape to tranquility. Thoughtful Design & Premium Features • Ground Level: Garage & ample storage, with a residential elevator servicing all floors. • 1st Floor: Entry foyer, formal living & dining rooms, guest bath, gourmet kitchen, family room, and waterfront deck. • 2nd Floor: Three en-suites, laundry, and expansive closets. This is a rare opportunity to own a customizable, waterfront masterpiece in Baldwin Harbor. Don’t miss your chance to tailor this dream home to your vision!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017