87 Bayview Drive
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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 |
|---|---|---|---|
| Oct 29, 2025 | Sold | ||
| Sold | |||
| Jul 3, 2024 | Listed by Signature Premier Properties | $430,000 | |
| Listed by Signature Premier Properties | |||
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Welcome to your new haven in Mastic Beach, where comfort meets outdoor adventure! This charming Cape Cod home is move-in ready, featuring four spacious bedrooms, numerous updates and spectacular water views Step into this open concept home with stylish wood-look tile flooring, a kitchen adorned with stainless steel appliances, granite countertops, & French doors leading to a fully fenced backyard and beautifully stenciled patio, ideal for outdoor gatherings. Upstairs, there's plenty of room to add a second bathroom, enhancing the convenience of this delightful home. The generous yard offers endless possibilities for a pool, outdoor kitchen, and more. Embrace the vibrant outdoor lifestyle of Mastic Beach, with Osprey Park, Southaven Park, and Smith Point Beach all nearby. Dive into local history at the Manor of St. George and William Floyd Estate or explore the natural beauty of the Wertheim National Wildlife Refuge. For fishing enthusiasts, a fishing dock just a block away provides easy access to serene waters. Smith Point Beach, part of the Fire Island barrier beach, is only 5 miles away. This popular destination attracts surfers and beach lovers from all over the island. Visit the TWA Flight 800 Memorial and Garden for a moment of reflection, or enjoy good food and live music at Tiki Joe's, a favorite gathering spot. As warmer days approach, enjoy the spectacle of skydivers from the nearby Long Island Skydiving Center. Whether you're a nature lover, history buff, or simply seeking a picturesque retreat, this home is your gateway to endless opportunities in Long Island's most affordable coastal paradise., Additional information: Interior Features:Lr/Dr
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| Aug 9, 2019 | Sold | ||
| Sold | |||
| May 8, 2019 | No longer available | - | |
| No longer available | |||
| May 6, 2019 | Relisted | $275,000 | |
| Relisted | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017