3642 Bailey Street
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 |
|---|---|---|---|
| Jan 4, 2024 | Sold | ||
| Sold | |||
| Oct 19, 2023 | Listed by Excel Real Estate | $365,000 | |
| Listed by Excel Real Estate | |||
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A great opportunity to own a huge home with pond views, 3 car garage, and Yorkville schools at this low price! This five-bedroom home w/LOFT is a rare find in size, location, and amenities! The main floor boasts brand-new vinyl floors, an open kitchen with a central island, and a main floor office that makes for a perfect guest room with a full bathroom next to it! Enjoy summer evenings with the screened-in sun porch and lovely views of the pond out back! The generously sized bedrooms upstairs allow everyone their own space with lots of light coming in and bonus loft space to enjoy! The unfinished basement has ENORMOUS potential and is waiting for your creative ideas, and the yard leading to the aforementioned pond offers a wonderful spot for your next family gathering! The home is ready for a quick close!
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| Jun 9, 2022 | Sold | ||
| Sold | |||
| Apr 20, 2022 | Listed by Jason Mitchell Real Estate IL | $369,000 | |
| Listed by Jason Mitchell Real Estate IL | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017