1
Map
45 Bay Street
About This Property
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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 |
|---|---|---|---|
| Feb 29, 2008 | Sold | ||
| Sold | |||
| Oct 18, 2007 | Listed | $419,000 | |
| Listed | |||
| Jun 5, 2001 | Sold | ||
| Sold | |||
| Apr 9, 2001 | Listed by Conway - Marshfield | $321,900 | |
| Listed by Conway - Marshfield | |||
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ENJOY THE REFRESHING OCEAN BREEZES FROM SCREENED PORCH OF THIS LOVELY HOME. GREAT PANTRY, 20X10 DECK, CENTRAL AIR, ALARM ONE CAR DETACHED GARAGE AND STEPS TO THE BLUE ATLANTIC WHAT MORE COULD YOU WANT. MOTIVATED OWNER
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| Jun 10, 1998 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017