564 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%.
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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 |
|---|---|---|---|
| Feb 19, 2021 | Sold | ||
| Sold | |||
| Apr 24, 2020 | Listed by Appledore Real Estate | $875,000 | |
| Listed by Appledore Real Estate | |||
| Jan 1, 2019 | No longer available | - | |
| No longer available | |||
| Aug 23, 2018 | Price Decreased |
$875,000
↓ $20K
(2.2%) | |
| Price Decreased | |||
| Mar 28, 2018 | Listed | $895,000 | |
| Listed | |||
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Private hilltop retreat transformed by the current owners into a stunning, upscale, move-in ready home. The modern design allows one to experience breath-taking seasonal water views and abundant nature from the comfort of its bright and open floor plan featuring southerly exposure with cathedral ceilings and walls of glass bringing abundant light and warming sunshine throughout the main living areas. Step-down Great Room features 3-sided gas fireplace and room for your baby grand! European kitchen features new high-end Meile 6-burner gas range, Meile SS dishwasher and Frigidaire SS refrigeration. Large breakfast nook features a sliding glass door for direct access to easy grilling and outdoor entertaining on the expansive bay-side deck. Upper story houses a beautiful master suite with walk-in closet, private balcony and spa bath featuring majestic views of Great Bay, along with two additional bedrooms, a full bath and open library. Lower level features a large family room, full bath, sauna and a 4th bedroom suite. Great walls for art collections. Upgraded tech lighting features. Durable Speed Queen washer & dryer. Pella doors and windows and low-maintenance exterior. 3-car garage with and large lawn/garden shed nestled into the woods. Nicely landscaped grounds including a bay-side lawn area with sufficient room for in-ground pool. Privately sited on 5 acres over-looking Great Bay. Includes mooring and membership in nearby community dock and waterfront clubhouse. The manager has listed the unit size as 3774 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017