37 The Bayou
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 |
|---|---|---|---|
| Feb 3, 2025 | Sold | ||
| Sold | |||
| Aug 15, 2024 | Listed by Signature Premier Properties | $795,000 | |
| Listed by Signature Premier Properties | |||
| Oct 2, 2022 | No longer available | - | |
| No longer available | |||
| Aug 9, 2022 | Price Decreased |
$869,000
↓ $30K
(3.3%) | |
| Price Decreased | |||
| Apr 15, 2022 | Listed by Coach Real Estate Assoc Inc | $899,000 | |
| Listed by Coach Real Estate Assoc Inc | |||
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Live your best life as you walk to a Private Beach, and just minutes away from amazing South Shore Beaches! Located in Oak Beach Association with spacious rooms, tons of light and stunning views of Fire Island Inlet. Fully renovated first level features tile throughout, a large entry space, family room, two bedrooms, full bath and cabinet lined summer pantry, utility, 1car gar. Upper level is bright and sunny! Vaulted, open and great for entertaining. Hardwood Floors throughout. Open Living and Dining rooms with built-ins and large windows to capture the water views, sunrises and sunsets. Slider to wrap around deck to enjoy year round relaxation . Sky-lit kitchen with Mexican tiled floors and new appliances, pantry, two bedrooms, full bath and large master with an additional bath. Tons of closets. New roof (2021), Navien heating system, new propane tank. Annual Assoc fee is $4,800.00, $2,000/yr Flood. TOB lease to 2050 w/option to extend to 2065. Taxes with STAR: $15,250.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017