16
Map
57 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%.
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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.
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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 |
|---|---|---|---|
| Dec 1, 2017 | Sold | ||
| Sold | |||
| Aug 6, 2017 | Listed by Timothy McWilliams | $489,500 | |
| Listed by Timothy McWilliams | |||
| Oct 1, 2016 | Sold | ||
| Sold | |||
| Sep 20, 2013 | Sold | ||
| Sold | |||
| Apr 15, 2013 | Listed by Walker Bagwell Properties Ltd | $279,000 | |
| Listed by Walker Bagwell Properties Ltd | |||
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With 56'' on Banana River and .39Acres, this lot is part of the beautiful Palm Grove lining north shore of Snug Harbor. Currently a 1 car detached garage with new roof in 2008-existing structure is big enough to turn into a 2 car garage. West property line runs down the center of driveway which is shared with the adjacent property, as well as a ''deep'' Artesian well that straddles same property line.
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About Snug Harbor Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017