37
Map
70 Bass Avenue
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 24, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Apr 21, 2026 | In contract | - | |
| In contract | |||
| Mar 26, 2026 | Listed by Colonial Manor Realty | $599,900 | |
| Listed by Colonial Manor Realty | |||
| Apr 9, 2024 | Listed by Listwithfreedom.com | $699,900 | |
| Listed by Listwithfreedom.com | |||
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Gloucester, a rare opportunity to own a back shore property. A perfect first or second home (investment opportunity). One not to be missed in a scarce market. Prime location ... steps to Good Harbor Beach. Unique opportunity for both buyers and investors. Enjoy one-level living in a meticulously maintained two bedrooms, 1 bath, ranch. The property can be sold as is or a second option .... the property is approved for a condex. 2 - 3bed/3bath units with 2 parking spaces each. We do have a set of completed plans.Quick highlights - Steps to scenic waterfront and Good Harbor Beach. Walking distance to all amenities. Lovely siding, updated bath, and heating system. Profitable passive income rental.
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| Jun 29, 2023 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017