408 Bayview Drive
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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 |
|---|---|---|---|
| Nov 11, 2020 | No longer available | - | |
| No longer available | |||
| Oct 3, 2020 | Listed by NextHome Town & Country | $465,000 | |
| Listed by NextHome Town & Country | |||
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This fabulous 3 bedroom two and half bath is exquisite. The mature landscaping has lush green grass, manicured plants and majestic palm trees. When you enter your greeted with tall ceilings which allows for an open feel, the cozy kitchen has granite counters, stainless steel appliances and a charming nook ideal for family dinners. Upstairs you'll find three bedrooms and two additional full bathrooms. The rear yard has a nice concrete patio, new fence, and mature cypress for optimal privacy. This one won't last long with a new roof, AC, furnace, and open floor plan what more can you ask for, will this be your NextHome? 3d tour: https://www.zillow.com/view-3d-home/699c0fcc-5ccf-407e-93e2-3356163cc2b3?setAttribution=mls&wl=true The manager has listed the unit size as 1398 square feet.
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| Apr 14, 2017 | Sold | ||
| Sold | |||
| Apr 7, 2017 | Listed by KELLER WILLIAMS | $370,000 | |
| Listed by KELLER WILLIAMS | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017