731 Bay St
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Sep 8, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Aug 28, 2025 | In contract | - | |
| In contract | |||
| Aug 13, 2025 | Listed by The Neilsen Team | $225,000 | |
| Listed by The Neilsen Team | |||
| | |||
|
Offered for under $250,000, this 2 bedroom 1 bath in Springfield is a rare find! In this well maintain and cozy ranch you'll find hardwood floors throughout the living room and bedrooms. Each room has a ceiling fan for year round comfort. The fenced-in backyard offers privacy and plenty of room for pets, entertaining, or gardening. The basement is finished and perfect for a family room or bonus space. Do not wait to view this home! New roof installed in 2022 (APO)
| |||
| Feb 1, 2022 | Sold | ||
| Sold | |||
| Nov 5, 2021 | Listed by TRINA | $168,000 | |
| Listed by TRINA | |||
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017