52 W Bay 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 |
|---|---|---|---|
| May 4, 2022 | Sold | ||
| Sold | |||
| Nov 15, 2021 | Listed by Rayburn Realty Inc. | $247,500 | |
| Listed by Rayburn Realty Inc. | |||
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Whoa, honey stop the car!! This 3/2 with an office on over 1.281 acre corner lot in the city with a country feel with storage galore and a huge outside entertaining pavilion is just the home for you! The home has been nicely updated with tile & laminate flooring, granite counter tops and a new roof. A 30'x42' 3 room metal storage building, 8'x16' workshop and a 30'x30' covered pavilion with custom cedar bar top for all of your entertaining needs. Fruit trees, beautiful ornamental trees and rock gardens decorate the yard all surrounded with a privacy fence. Close to schools and less than 15 min from Big Sam, Angelina River and thousands of acres of National Forest! Schedule your private showing today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017