44 Bailey Ln
About This Property
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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 1, 2024 | Sold | ||
| Sold | |||
| May 15, 2024 | Listed by View Real Estate Group | $580,000 | |
| Listed by View Real Estate Group | |||
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Located in the beautiful town of Georgetown, sitting on two plots of land (44 & 46), and with an updated four bedroom septic system (2024); this well maintained ranch is the perfect home for a wonderful family. Trailhead to miles of trails through protected land great for walking, biking, snowshoeing, and cross country skiing directly across the street. The front yard is graced with beautiful oak trees. Basement with walkthrough access perfect for a family/play room or a mancave. Year-round membership to the Georgetown Lakeshore Beach Association is just $100 per year for access to the private beach on nearby Lakeshore Drive. Just minutes to Route 97, Route 133 and I-95. Please review attached documents. Property sold "AS-IS". Buyer to do their own due diligence. 44 Bailey Lane and 46 Bailey Lane are being sold together. First showing at the open house. Offers due by noon Monday May 20th
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| Oct 6, 1993 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017