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5 Bailey St
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 |
|---|---|---|---|
| Oct 18, 2024 | Sold | ||
| Sold | |||
| Sep 27, 2024 | In contract | - | |
| In contract | |||
| Aug 21, 2024 | Listed by Redfin Corp. | $699,000 | |
| Listed by Redfin Corp. | |||
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Nestled on a picturesque 1.38-acre lot, this hidden gem is a private oasis surrounded by mature plants, trees, and a tranquil creek. Built in 2010, this charming home offers 2 spacious bedrooms with each versatile loft area, and 2.5 baths. The interior features hardwood floors throughout, creating a warm and inviting atmosphere. The kitchen is a chef's delight with granite countertops, stainless steel appliances, and a brand new stove. The living room, enhanced by a new pellet stove, adds a cozy ambiance to the space. A wrap-around porch offers stunning views of the lush surroundings, perfect for relaxing. With an in-demand water heater, this home is move-in ready. Highly desirable location near Cobb’s Corner, minutes to Patriots Place, close to train and easy access to highway. Close proximity to Boston for those who commute. Don’t miss the chance to own this serene retreat!
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| Mar 2, 2012 | Sold | ||
| Sold | |||
| Apr 6, 2011 | Listed by Success! Real Estate | $359,900 | |
| Listed by Success! Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017