351 Bayou Bend DR
About This Property
Upon entering, you will be greeted by soaring ceilings that exude an air of elegance and spaciousness. Natural light dapples through the expansive windows, illuminating every corner of this magnificent home. The main level features tile flooring that leads you past the flex room currently being used as an office and onto the ample kitchen, complete with sleek silestone countertops, recessed lighting, gas range, stainless steel appliances, water filtration system and large walk-in pantry. The kitchen seamlessly transitions into the breakfast area and the spacious family room that beckons you to unwind in front of the cozy fireplace.
The deluxe owner's suite features a large box-window, that allows an abundance of natural light, an en-suite bath with a sprawling walk-in closet, jetted tub and separate shower. Ascend the stairs to discover three spacious secondary bedrooms, Two full baths and an expansive enclosed media room with surround sound, offering endless possibilities for entertainment.
The interior of the home has been freshly painted ensuring a fresh and welcoming start, in addition to boasting several new fixtures, the AC was replaced less than a year ago and the water heater replaced in 2022. The backyard features a covered patio with an extended flagstone, patio which makes the perfect spot for a morning coffee or hosting a weekend BBQ, while a convenient storage shed provides ample space for all of your storage needs.
Residents enjoy a range of amenities, including a refreshing pool, splash pad, scenic trail and playground.
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Cap Rate Calculator
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 26, 2024 | In contract | - | |
| In contract | |||
| Jun 26, 2024 | Price Decreased |
$435,000
↓ $14K
(3.1%) | |
| Price Decreased | |||
| Jun 4, 2024 | Price Decreased |
$449,000
↓ $20K
(4.3%) | |
| Price Decreased | |||
| May 9, 2024 | Price Decreased |
$469,000
↓ $10K
(2.1%) | |
| Price Decreased | |||
| Mar 29, 2024 | Price Decreased |
$479,000
↓ $10K
(2%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017