3908 Bay Circle
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 |
|---|---|---|---|
| Mar 13, 2025 | Sold | ||
| Sold | |||
| Mar 11, 2025 | In contract | - | |
| In contract | |||
| Sep 26, 2024 | Listed by RE/MAX Choice | $445,500 | |
| Listed by RE/MAX Choice | |||
| Aug 31, 2024 | No longer available | - | |
| No longer available | |||
| Jan 31, 2024 | Listed by RE/MAX Choice | $445,500 | |
| Listed by RE/MAX Choice | |||
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This 1-story ranch home is a 4 bedroom, 3 bathroom with a 2 car attached garage. The home has 2,450 finished square feet with a basement. The kitchen has white shaker cabinets with a large island (with barstool seating) and quartz countertops. There is a covered patio area in the rear of the home. The HVAC (Trane - 92% efficient) and water heater are high-efficiency. The walls are 2" x 6" construction and have R-21 insulation. The ceiling has R-49 insulation. The windows are Pella- Low E. The basement has a sump pump with waterjet backup and a fully mitigated radon reduction system. The anticipated finish date is early March.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017