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598 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%.
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 |
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| Mar 25, 2026 | Sold | ||
| Sold | |||
| Mar 4, 2026 | In contract | - | |
| In contract | |||
| Feb 23, 2026 | Listed by Coldwell Banker Realty - Beverly | $800,000 | |
| Listed by Coldwell Banker Realty - Beverly | |||
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Circa 1840 Greek Revival home, beautifully set within the historic district and old town center. High ceilings and tall windows illuminate the architectural detail, freshly painted rooms, refinished wood floors, and new carpet. The eat-in kitchen features radiant heat and French doors that connect to the outdoors while flowing into a refined dining room and a living room anchored by a classic covered porch. A flexible main-level office/bonus room with a powder room accommodates guests or a dedicated workspace. Upstairs offers 3 bedrooms and 2 full baths, including an ensuite and one with windowed walk-in closet. Modern comforts include central air, 2nd floor laundry, and mudroom entry. Outside, stone walls, patio, garden beds and lawn accent the .5 acre lot. Enjoy having Cutler Park next door, a low-key pocket-park like feature. This home stands in a prime location convenient to commuter rail, shops, restaurants, schools, and community amenities like the pool & miles of scenic trails.
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| Aug 11, 2023 | Withdrawn | - | |
| Withdrawn | |||
| Jul 26, 2023 | Listed by Churchill Properties | $799,000 | |
| Listed by Churchill Properties | |||
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Discover this beautifully updated Greek Revival home nestled in the historic district amid lush lawns and beautiful gardens. The perfect location near top-rated schools, town center shops & restaurants, commuter rail, community pool, parks and miles of hiking trails. Drop your coat in the entry, and be welcomed by high ceilings and beautiful tall windows full of natural light. Large eat-in kitchen features French doors leading to the back patio, allowing for easy indoor-outdoor living. The kitchen also opens to a lovely dining room and further to the comfortable and intimate living room with a quaint covered porch. Also on this level is a powder room and versatile bonus-room for home office, homework area, or guest space. Upstairs find 3 spacious bedrooms and 2 full baths, one is en suite. Central AC & 2nd floor laundry. Garden beds and stonewalled landscaping add a touch of sophistication, while an expansive rear lawn is perfect for playful activities!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017