6 Bay Street
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 |
|---|---|---|---|
| Jun 13, 2024 | Sold | ||
| Sold | |||
| Apr 26, 2024 | Listed by Shore Prime Properties LLC | $499,000 | |
| Listed by Shore Prime Properties LLC | |||
| Apr 24, 2024 | No longer available | - | |
| No longer available | |||
| Apr 8, 2024 | Price Decreased |
$499,000
↓ $30K
(5.7%) | |
| Price Decreased | |||
| Jan 5, 2024 | Listed by Resources Real Estate | $529,000 | |
| Listed by Resources Real Estate | |||
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Shore living in Highlands. 3 Bedroom, 2 bath Hilltop Seashore Cottage. Wood floors in living room and bedrooms. Eat in kitchen and family room over looking backyard. Entrance from both 1st and 2nd levels. Newer roof and large backyard shed. Major renovation to retaining wall and landscape in rear yard. Walk to High Speed NYC Ferry Service. Enjoy downtown Highlands restaurants, Farmers Market, Clamfest, Octoberfest, and Halloween Celebrations. Close to Sandy Hook State Park & Beach.....Visit Historic Twin Lights Lighthouse & Museum.....
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017