38
Map
4095 SE Bay Avenue
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| May 18, 2026 | Sold | ||
| Sold | |||
| Mar 20, 2026 | In contract | - | |
| In contract | |||
| Mar 8, 2026 | Price Decreased |
$1,189,000
↓ $6K
(0.5%) | |
| Price Decreased | |||
| Feb 22, 2026 | Listed by Nicklaus Vance | $1,195,000 | |
| Listed by Nicklaus Vance | |||
| |||
|
Fully upgraded Key West-style 3BR/3BA in desirable Port Salerno including deeded boat slip + lift (up to 26.5') Boat ramp and pavilion with marina and open water access. Rare opportunity to secure boating convenience without waitlists. Major capital improvements completed: new flat roof, new electrical panel, whole-house Generac generator, IFLO A/C, reverse osmosis system, tinted sliders (95% heat reduction), and saltwater pool conversion with new equipment. Expanded covered lanai (doubled in size) with new poly roof, screen enclosure, lighting, and fans. $1K A YEAR FEE for Electric, Water & parking for deeded dock. 2024 interior paint, updated baths, custom closet build-outs, upgraded plumbing, new dishwasher, new fenced gates, pavers, new epoxy garage floor, boat trailer parking. Zero water & sewer bills. Homes with slip + lift and this level of upgrades are limited.
This stunning outdoor living area features a butterfly garden, barbecue area, chaise lounge space and beautifully designed entertaining zones to enjoy the Intercoastal Breeze. This is move in ready and this one won't last!
| |||
| Jul 8, 2024 | Sold | ||
| Sold | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Port Salerno
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$9,900 /mo
- 3 Beds
- 3 Baths
- 1,928 ft²
$2,100 /mo
- 2 Beds
- 2 Baths
- 1,400 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017