8 Bailey Terrace
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%.
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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 |
|---|---|---|---|
| Jul 26, 2024 | Sold | ||
| Sold | |||
| Jun 13, 2024 | Listed by Keller Williams Realty Evolution | $1,100,000 | |
| Listed by Keller Williams Realty Evolution | |||
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~WELCOME TO 8 BAILEY TERRACE ~ Just over the Lynnfield line, this stunning 5 BEDROOM, custom designed home with over 3,500+ sf. of living space boasts TWO PRIMARY BEDROOMS & TWO FAMILY ROOMS!! (2nd is listed under Game Room below). The spacious kitchen offers an abundance of cabinets & counter space, as well as an island AND separate dining area w/sliders opening to the private back yard. The kitchen seamlessly transitions to the SPACIOUS FAMILY ROOM, with even more entertaining space. This floor additionally hosts a FORMAL DINING ROOM, OFFICE, MASTER BEDROOM, LAUNDRY RM, HALF BATH & MUDROOM with basement access conveniently leading to the garage, with basement access as well. Upstairs you will find the second Primary bedroom w/bath, a cathedral ceiling Family room, as well as THREE MORE BEDROOMS & full bath. HARDWOOD RUNS THROUGHOUT MOST OF THIS HOME. 2023 FURNACE & 2022 A/C. Downstairs is a huge, unfinished basement. THERE ARE NO COMPROMISES WITH THIS FABULOUS HOME
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| Oct 29, 2007 | Sold | ||
| Sold | |||
| May 4, 2007 | Listed by Keller Williams Realty Evolution | $774,999 | |
| Listed by Keller Williams Realty Evolution | |||
| Aug 17, 2000 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017