4035 SE Bay Avenue
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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%.
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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 |
|---|---|---|---|
| Jun 28, 2019 | Sold | ||
| Sold | |||
| Jan 4, 2019 | Listed by Serhant | $695,000 | |
| Listed by Serhant | |||
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Welcome to Paradise-Bring your Boat and Paddleboard! From the moment you step into this gorgeous home you will be in awe! Gourmet Kitchen w/ Granite Counters, Viking Gas Stove, & SS Appliances, Custom Bar for Entertaining, fireplace, cypress interior, 3rd Story Features Huge Master Suite w/ 2 Large Walk In's, Marble Master Bath w/ Dual Sinks, Jetted Tub, Rain Shower, LOFT/Office, and Family Room. 2 Outdoor Decks w/ Summer Kitchen. 3 Car Garage PLUS Ground Floor workshop areas and Unfinished 1/1 In-Law Quarters. Marina/Intracoastal Views from Third Floor! Includes Private Marina Access and Boat Slip w/ LIFT for 25' Boat. Also includes ownership in private park/fishing pier and ramp. Amazing location in highly desirable neighborhood a short walk to two parks & minutes to waterfront dining.
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| Dec 28, 2018 | No longer available | - | |
| No longer available | |||
| Jul 2, 2018 | Listed by United Realty Group, Inc | $699,999 | |
| Listed by United Realty Group, Inc | |||
| Sep 23, 2016 | Sold | ||
| Sold | |||
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About Port Salerno
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$9,900 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017