696 BAHIA Drive
About This Property
The home sits on an oversized lot with mature landscaping and a fully fenced backyard. Major improvements include all new lifetime windows, a new HVAC system in 2024, and a complete repipe with new water heater in 2018. Inside you'll find a large kitchen, formal dining, spacious living room, and a separate family room that could be converted into a third bedroom if needed.
The oversized primary suite offers his-and-her closets plus a bonus area that could easily serve as an office, sitting room, or even a nursery. The ensuite bathroom features a walk-in shower and double vanity.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Feb 17, 2026 | Sold | ||
| Sold | |||
| Jan 31, 2026 | In contract | - | |
| In contract | |||
| Jan 11, 2026 | Price Decreased |
$345,000
↓ $4K
(1.2%) | |
| Price Decreased | |||
| Nov 24, 2025 | Price Decreased |
$349,000
↓ $1K
(0.3%) | |
| Price Decreased | |||
| Oct 20, 2025 | Price Decreased |
$350,000
↓ $10K
(2.8%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017