555 Bay Road
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 3, 2025 | Sold | ||
| Sold | |||
| Aug 6, 2025 | In contract | - | |
| In contract | |||
| Jul 30, 2025 | Listed by Gibson Sotheby's International Realty | $699,000 | |
| Listed by Gibson Sotheby's International Realty | |||
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This masterfully renovated home located in the desirable East Elementary School District is loaded with updates leaving nothing to do but move in. Step into an inviting entry and fireplaced living room with custom millwork including crown molding and plantation shutters throughout the main level. The kitchen, new in 2022, with an adjacent dining room features quartz countertops, shaker cabinetry, and Frigidaire appliances with gas cooking. Three good sized bedrooms and a modern full bath complete this floor. Downstairs, the finished basement adds an incredible amount of usable space including a half bath, laundry area, utility room, family room and a separate office- perfect for a home office or fourth room for guests. Out back is an entertainers dream with a newly installed paver patio on a large level lot. More 2022 updates include new HVAC, plumbing, septic, 200amp electric and so much more. Offers due Monday at 12pm. Seller reserves the right to accept an offer at any time.
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| Mar 30, 2023 | Sold | ||
| Sold | |||
| Mar 3, 2023 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017