5 Bay View Drive
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 |
|---|---|---|---|
| Nov 15, 2024 | Sold | ||
| Sold | |||
| Sep 27, 2024 | In contract | - | |
| In contract | |||
| Sep 12, 2024 | Listed by Castinetti Realty Group | $699,000 | |
| Listed by Castinetti Realty Group | |||
| | |||
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Looking for Lake Living....look no further!! Welcome to 5 Bay View Drive! This home has so much to offer! As you pull up to the home, you'll notice a private, fenced in, side yard & detached 2 car garage! Be prepared for AMAZING views of Lake Quinsigamond. Out back you have 2 decks that provide unobstructed views of the Lake as well as your own private dock for a boat, jet ski, kayak & more. The main level has a good size, open concept, kitchen, dining & living room with access to the deck through a slider. This space is perfect for entertaining with tons of natural light, access to the decks & plenty of space to cook, eat & enjoy the breathtaking views! The second level has 3 good size bedrooms with hardwood floors & a full bath. The lower level is fully finished with additional living space & access to the second deck! So many updates include a new furnace (2024) Roof (2011) Windows (2011) Water tank (2022) There's still plenty of time to enjoy the lake, book your showing today!
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| Jun 9, 2006 | Sold | ||
| Sold | |||
| May 2, 2006 | Listed by Castinetti Realty Group | $439,900 | |
| Listed by Castinetti Realty Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017