4501 Bayside Drive
About This Property
Experience exceptional waterfront living in this beautifully updated 4-bedroom, 3-bathroom home offering 3,305 square feet of living space on a private 0.90-acre lot. Designed to maximize natural light and breathtaking views, the home features expansive windows, light interior finishes, and a flowing open-concept layout that seamlessly connects the main living areas.
The spacious kitchen is equipped with modern conveniences, including a tankless water heater and propane gas service. Thoughtfully designed bedrooms provide privacy and comfort, while bamboo flooring in the bedrooms and new tile throughout the main living areas add warmth and style.
Enjoy year-round relaxation in the indoor lap pool overlooking the bay, complemented by a covered lanai, screened deck, and open-air entertaining spaces. The impressive two-story sun deck sits above the boat lift, creating the perfect vantage point for taking in panoramic water views and spectacular sunsets.
Boating enthusiasts will appreciate direct water access, a kayak launch, and two boat lifts--one designed for a powerboat and a second larger lift suitable for a sailboat or larger vessel. Significant infrastructure improvements include connection to sewer with a commercial-grade grinder system, complete removal of previous septic tanks, lines, and mounds, and the addition of a gravel driveway.
Listed By
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 |
|---|---|---|---|
| Jul 14, 2026 | Price Decreased |
$1,150,000
↓ $29K
(2.5%) | |
| Price Decreased | |||
| Jun 19, 2026 | Listed by Keller Williams Realty Gulf Coast | $1,179,000 | |
| Listed by Keller Williams Realty Gulf Coast | |||
| Mar 16, 2023 | Sold | ||
| Sold | |||
| Feb 18, 2023 | No longer available | - | |
| No longer available | |||
| Jan 19, 2023 | Relisted | $975,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017