5106 Bay Lane
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 |
|---|---|---|---|
| Aug 3, 2022 | Sold | ||
| Sold | |||
| Jul 29, 2022 | Listed by Keller Williams Realty - Clear Lake/ NASA | $260,000 | |
| Listed by Keller Williams Realty - Clear Lake/ NASA | |||
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Beautiful Medina Two story floor plan at the very Desirable Edgewater by The Bay Community. High vaulted ceiling main living room with wood look tile plank flooring. Downstairs is the primary bedroom with a large walk in closet, a half bath, and utility room. Upstairs is a game room along with two more bedrooms and a bathroom. Has not flooded per sellers and great community swimming pool. Will not last long. Schedule showing today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017