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475 Bayview 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 12, 2023 | No longer available | - | |
| No longer available | |||
| Dec 26, 2022 | Listed by HK Lane Real Estate | $1,650,000 | |
| Listed by HK Lane Real Estate | |||
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Don't Miss This! Dream Escape in Gated Meadow Bay Community with a Half Double Dock only Steps away! Check the Fabulous condition and floorplan in this 2001 Custom Built home. Featuring 4 bedrooms with 3 full baths, tastefully appointed and in pristine condition. Generously sized living rooms include large Gourmet kitchen with upper end appliances, pull out cabinetry, immense storage space, walk in pantry, breakfast nook with fireplace, even a Gaggenau built in steamer. The formal adjacent dining area opens to decking for indoor/outdoor entertaining. The spacious Great Room has vaulted ceilings, oversize custom windows, self contained bar and one of three tastefully designed fireplaces. The finish work is high end for the era of construction with an architecturally custom stairway design and traditional living spaces. The Primary suite is as comfortable as they come with privacy balcony, fireplace, spa like bath, huge walk in closet, and a sitting area for couch or desk. Level entry to An attached large three car garage also with rear build up space for expansion and outdoor access to a level and fenced yard. Only two doors off the lakes edge, and literally only a few minutes walk to dock and lake. Enjoy fishing, paddleboarding, boating right out your backdoor! This flexible home that could work for both full or part time living is in one of Lake Arrowhead's most coveted communities lending itself to easy commuting, continuous live guard patrol, no short term rentals, convenient to Country Club, Dining, and Shopping. First Class Resort Living is this home's moto. Motivated Seller has upgraded and is offering this for home for immediate offers and sale which also Includes a Seller inventory of furnishings. (A Hurricane Pontoon boat Avail separately). Call for appointment, Easy to show, and won't last. The manager has listed the unit size as 3515 square feet.
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| Aug 10, 2020 | Sold | ||
| Sold | |||
| May 29, 2020 | Listed by CAPRE | $925,000 | |
| Listed by CAPRE | |||
| Jan 4, 2019 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017