8 Bay Road
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 |
|---|---|---|---|
| Mar 22, 2024 | Sold | ||
| Sold | |||
| Jun 30, 2023 | Sold | ||
| Sold | |||
| Aug 23, 2019 | Sold | ||
| Sold | |||
| May 20, 2019 | Listed by Riverside Realty | $250,000 | |
| Listed by Riverside Realty | |||
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LOCATION!......LOCATION!!!!!!!........LOCATION!!!!!!.....Build your dream home on this lot... Offers unobstructed water views of the Kickemuit River, NOT ON FLOOD ZONE.....Town Water, Town Sewerage, Deeded rights to Private Beach..... House needs TLC....a true Diamond in the Rough. Call for private showing. SUBJECT TO SELLER'S FINDING SUITABLE HOUSING. House sold 'AS IS"
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Address: 335 Madison Avenue, New York, NY 10017