722 N Bailey Avenue
About This Property
Inside, this home offers an ideal layout with split bedrooms, fitting a variety of lifestyles. Soaring 10-foot ceilings and an open-concept design create a spacious and airy feel throughout. The freshly painted four bedroom home is move-in ready and beautifully maintained.
Additional highlights include a 2-car garage with built-in cabinets for extra storage, and a backyard shed for tools or hobbies. Just a short walk to Trinity Trails, this location offers the perfect balance of nature and convenience.
Stove is being replaced with a like-kind appliance. See updates list for more details!
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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 |
|---|---|---|---|
| Aug 25, 2025 | Sold | ||
| Sold | |||
| Jul 21, 2025 | In contract | - | |
| In contract | |||
| Jul 10, 2025 | Listed by Williams Trew Real Estate | $820,000 | |
| Listed by Williams Trew Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017