48 Bates Street
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 |
|---|---|---|---|
| May 22, 2026 | Sold | ||
| Sold | |||
| Apr 30, 2026 | In contract | - | |
| In contract | |||
| Mar 28, 2026 | Listed by Coldwell Banker Realty - Cohasset | $725,000 | |
| Listed by Coldwell Banker Realty - Cohasset | |||
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Move right into this charming Gambrel Colonial in the desirable Kenberma neighborhood close to beaches & shopping. This 3-bedroom, 2.5-bath home features beautiful hardwood floors & timeless character throughout. A welcoming enclosed front porch leads to a fireplaced living room that opens to a light-filled dining room & cozy sitting area. The kitchen is equipped with stainless steel appliances & offers a convenient mudroom entry. A versatile first-floor family room can easily serve as a guest bedroom, home office, or private suite with an updated full bath & separate entrance. Upstairs you’ll find 3 bedrooms, including one with double walk-in closets & a private enclosed porch with waterviews, along with a freshly renovated full bath. The walk-out basement adds valuable living space with 2 additional rooms, a half bath, laundry area & ample storage. Enjoy the spacious backyard complete with a patio, built-in fire pit, outdoor shower & extra storage —perfect for outdoor coastal living!
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| Dec 22, 2022 | Sold | ||
| Sold | |||
| Nov 21, 2022 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017