3510 Bay 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 |
|---|---|---|---|
| Nov 24, 2020 | Sold | ||
| Sold | |||
| Oct 1, 2020 | Listed by Keller Williams Hou Preferred | $260,000 | |
| Listed by Keller Williams Hou Preferred | |||
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Introducing this Sweet Ray of Sunshine in Beautiful Meridiana! Family-Friendly, Incredible Amenities, Excellent Elementary School in the Neighborhood, Junior High Opening 2021, High School Opening 2022! Living Here Gives You Exclusive Access to Private Gym w/ Lap Pool, Basketball Courts, Tennis Courts, Resort Style Pool, Splash Pad & More! CalAtlantic/Lennar Built. Denton Floorplan is Perfection! Open-Concept Family Room w/ Superb Kitchen Featuring Stainless Appliances. Subway Tile Backsplash in Kitchen w/ Coordinated Granite Countertops. Tastefully Designed & Ready for Your Own Personal Touch! Did I Mention the Sweet Little Window Seat in the Breakfast Nook?!! Super CUTE! Gas Fireplace is the Focus in this Cozy Family Room! Retreat & Relax to the Master Suite Behind Family Room! Enjoy a Relaxing Bubble Bath in the Deep Garden Tub or Hot Shower in the Separate Shower w/ Beautiful Marbled Tile! Huge Well-Maintained Yard w/ Additional Patio Space! Buyer to verify all measurements.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017