66 Bay Parkway
About This Property
Stroll to the waterfront park and boat ramp from this charming two bedroom one bath cottage in one of Waretowns most sought after Sand Point community. Large living room is open to the newer kitchen featuring Taylor Made Custom Cabinets, the large sun room/dining room overlooks the large fully fenced yard. Other amenities include newer roof and windows, hot water baseboard heat. Perfect summer vacation home or starter home. Located near shopping, boating, restaurants. Add this to your must see list and call today.
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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 |
|---|---|---|---|
| Nov 20, 2015 | Sold | ||
| Sold | |||
| Aug 28, 2015 | Listed by RE/MAX at Barnegat Bay | $119,900 | |
| Listed by RE/MAX at Barnegat Bay | |||
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About Ocean
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Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21533596
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Address: 335 Madison Avenue, New York, NY 10017