571-572 Bayview 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 |
|---|---|---|---|
| Aug 15, 2024 | Sold | ||
| Sold | |||
| Aug 4, 2024 | In contract | - | |
| In contract | |||
| Dec 9, 2023 | Listed by RE/MAX Professionals | $35,000 | |
| Listed by RE/MAX Professionals | |||
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Discover serenity in this exquisite waterview property nestled within the gated haven of Cape Carancahua. Spanning 0.30 acres across 2 lots, relish the tranquility and seclusion of this prime real estate with a captivating view of Carancahua Bay. Craft your dream home or embrace the ultimate RV lifestyle amid this idyllic setting. Cape Carancahua, an exclusive community, beckons with a wealth of amenities—community center, illuminated fishing piers, boat launch, playgrounds, parks, swimming pools, and tennis courts. Revel in a unique lifestyle where relaxation meets recreation. This haven offers an escape from urban clamor without sacrificing convenience, boasting seamless access to nearby shops, restaurants, and entertainment. Seize the chance to own a slice of paradise in the beautiful Cape Carancahua Community—an unparalleled opportunity for those yearning for a peaceful retreat. Don't let this gem slip through your fingers.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017