87 Bay Street
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 |
|---|---|---|---|
| Jul 1, 2025 | Sold | ||
| Sold | |||
| Apr 26, 2025 | In contract | - | |
| In contract | |||
| Apr 24, 2025 | Listed | $1,249,000 | |
| Listed | |||
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Discover this impeccably updated, turn-key WATERFRONT home offering 2,257 SF of refined coastal living w/ sweeping views of Worlds End! Tastefully reimagined w/ MANY updates & high-end finishes. The open 1st floor w/ gas FP combines the kitchen, dining and living area with an extension of space on the spectacular 3-season Sunporch and private back deck. Wake up in the 2nd floor primary & let the day begin with sunlight pouring through walls of windows, the scent of salt air drifting in from your balcony & breathtaking water views from the brand new en-suite bath. It's a daily dose of tranquility you’ll never get sick of. Also on 2nd fl is another en-suite bedrm. The 3rd bedrm, currently used as a stylish media room / office—includes a half bath & bar area, perfect for entertaining w/ views of the ocean and Boston skyline.W/ a private mooring out back & a short stroll to Nantasket Beach, every day feels like a getaway! Effortlessly blending luxury, comfort & coastal charm. A MUST SEE!
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| Jun 28, 2023 | Sold | ||
| Sold | |||
| May 30, 2023 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017