59 Bay St.
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 |
|---|---|---|---|
| Dec 1, 2015 | Sold | ||
| Sold | |||
| Nov 18, 2014 | Listed by United Realty Express | $200,000 | |
| Listed by United Realty Express | |||
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APPROVED SHORT SALE FOR LISTED PRICE... FOOTSTEPS TO THE SEA...Take morning walks with your dog along in your neighborhood and enjoy the scents, sounds and views of the sea. An idyllic beach home will bring comfort to your family with a sunny open family room, large dining area, an ocean view bonus room, and a beautiful backyard for family gatherings. No flood insurance required; just start packing and make yourself at home! It's your chance for an endless vacation. It can be yours!
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