401 BAYSIDE DR
About This Property
Nestled in a quiet water front community, this residence presents a lifestyle that seamlessly combines tranquility with accessibility.
Out side, you are greeted by the inviting covered porch, large yard and Boat Dock with 10,000 lb boat lift on the Chink Creek
As you step into this charming home, you are greeted by a brand-new kitchen that effortlessly blends modern functionality with classic charm. The fresh paint accentuates the spacious interior, providing a canvas for you to make this home uniquely yours. There is new Luxury Vinyl Flooring and new carpet through out the home.
A new roof, newly water proofed basement, new HVAC and new electrical ensures peace of mind, you can relish in the fact that this home is not only adorable but also meticulously maintained. The exterior boasts a lovely, well-kept yard that sets the stage for outdoor enjoyment and relaxation.
Ready for immediate occupancy, 401 bayside Dr is the perfect canvas for your new chapter.
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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 |
|---|---|---|---|
| Aug 16, 2024 | Sold | ||
| Sold | |||
| Jul 17, 2024 | In contract | - | |
| In contract | |||
| Jun 28, 2024 | Price Decreased |
$412,500
↓ $8K
(1.8%) | |
| Price Decreased | |||
| Jun 12, 2024 | Price Decreased |
$420,000
↓ $15K
(3.5%) | |
| Price Decreased | |||
| May 31, 2024 | Listed by Streett Hopkins Real Estate, LLC | $435,000 | |
| Listed by Streett Hopkins Real Estate, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017