742 Bay Drive
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 26, 2026 | Price Decreased |
$899,900
↓ $33K
(3.6%) | |
| Price Decreased | |||
| May 14, 2026 | Listed by Country Pride Real Estate | $933,000 | |
| Listed by Country Pride Real Estate | |||
| Sep 7, 2021 | Sold | ||
| Sold | |||
| Apr 28, 2021 | Listed by Redding & Associates | $594,900 | |
| Listed by Redding & Associates | |||
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ESCAPE TO YOUR VERY OWN PRIVATE OASIS, when YOU arrive home to this FULLY FURNISHED COASTAL INSPIRED CUSTOM HOME. Offering unparalleled craftsmanship & EXCEPTIONAL PRIVATE AMENTITIES. Start your mornings watching the beautiful Sunrise coming up over W Matagorda Bay, how about a morning workout in your personal FULLY EQUIPPED GYM or relax in the RESORT STYLE POOL. Your choices are endless on this 1 acre COASTAL RETREAT. The 1400 Sq Ft POOL HOUSE is perfect for entertaining, w/a custom shuffle board table, Bar, Pool Table, AC w/Dehumidifier Syst. and furnishings. The OUTDOOR KITCHEN, INCLUDES a 90,000 BTU Heater for colder nights or sit out by the gas firepit. Pool has LED lighting that you can control by remote, along with the waterfall. West Matagorda Bay is known for great FISHING & DUCK HUNTING, so it's no wonder this home features a BOAT GARAGE, OUTDOOR SHOWER, 3 KENNEL A/C DOG HOUSE W/FENCED DOG RUN. Automatic mosquito/fly sprayer.
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| Apr 8, 2021 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017