59 Bay Ln
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 26, 2020 | Sold | ||
| Sold | |||
| Nov 20, 2018 | Listed by Non Member Office | $1,450,000 | |
| Listed by Non Member Office | |||
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Stunning waterfront home with an acre of land and private dock on Bumps River. This beautiful, sunny 3 bedroom 2.5 bath contemporary Cape has views galore. It has hardwood floors and sliding French doors throughout the main living area. The first floor master suite includes a private bath and large closets. The fireplaced living room, dining room with cathedral ceiling, and kitchen/family room are full of sun and flow easily from one space to the other. Two bedrooms with connecting full bath are located on the second floor. A spiral stairway above the family room leads to a bonus room with private balcony. A newly-built 1400sf mahogany deck spans the entire length of the rear of the home. Kitchen professionally designed and includes premium cabinets and appliances. Additional features include: central A/C, high efficiency Lochinvar heating system and hot water tank, attached 2-car garage, full basement, irrigation system, security system and outdoor shower. Title V passed.
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| Feb 25, 2000 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017