408 Bernice 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 |
|---|---|---|---|
| Jul 26, 2024 | Sold | ||
| Sold | |||
| Jun 13, 2024 | In contract | - | |
| In contract | |||
| Jun 6, 2024 | Listed by Signature Premier Properties | $689,000 | |
| Listed by Signature Premier Properties | |||
| | |||
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Welcome to the home you have been waiting for! This 4-bedroom, 2-bathroom Colonial is located in the highly sought after Bayport community. Step inside to an open floor plan flooded with natural light. The oversized kitchen is an entertainer's dream, featuring granite countertops which seamlessly flows into a spacious formal dining room and large formal living room -perfect for hosting family gatherings and dinner parties. The inviting step-down family room boasts vaulted ceilings, creating an airy and expansive feel, ideal for relaxation and entertainment. The second floor consists of a generous size primary bedroom and 3 additional guest bedrooms along with a beautifully remodeled guest bath with double sink. Additional highlights include a full basement offering ample storage space and potential for customization, as well as a 1-car attached garage. The exterior is equally impressive with a fully fenced property set on a beautifully landscaped lot. Enjoy peaceful mornings on the rocking chair front porch, where you can watch the sunrise while sipping your morning coffee. Don't miss this opportunity to own a piece of Bayport's charm. This home is perfect for those seeking comfort and a sense of community. Schedule your viewing today and make this dream home yours!
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| Sep 22, 1999 | Sold | ||
| Sold | |||
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About Bayport
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017