9185 Bay Point Circle
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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 |
|---|---|---|---|
| Feb 28, 2025 | Sold | ||
| Sold | |||
| Dec 23, 2024 | In contract | - | |
| In contract | |||
| Oct 16, 2024 | Listed by Choice Plus Real Estate | $595,900 | |
| Listed by Choice Plus Real Estate | |||
| | |||
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Rare Opportunity to Own a Former Builder's MODEL HOME in the Premier 55+ Community of Baywinds! Oversized Pie-shaped Lakefront lot! Expanded driveway. Enjoy Long Lake Views from the extended screened and covered patios! There's even a Dog Run for your furry friends! NEW ROOF OCT '24! (w/transferable warranty) Freshly Painted Exterior! 3 bed 2 bath split-bedroom plan w/High Ceilings, and many decorative touches throughout. Crown Molding, wainscotting, & picture frame Molding accents. Front Entry has a Phantom Screen door, and the rear sliders completely open up so you can enjoy the fantastic Lake breezes! Marble Entry, Wood Floors, plantation shutters; plus 220 Volt Power in Garage for EV Charger! Accordion Shutters, & reinforced Garage Door! There's also a dedicated transfer switch for easy portable generator hookup. Home shows pride of ownership with new fans, dimmer switches throughout, & Intercom system throughout w/6-cd changer. Eat-in Kitchen features a versatile Island, Granite Counters, & 42" Cabinetry. Whirlpool Stainless Steel appliance package. Newer disposal, and newer dishwasher, plus pull-out drawers in all lower kitchen cabinets.
Master Bedroom Suite features dual walk-in closets plus a deluxe Master Bathroom. Oversized Jacuzzi Whirlpool Spa tub with jets! Separate Shower with safety handrail. Private room for the commode, and a decorative chandelier, too! Open up the sliders to enjoy the magnificent Lake Views! Covered patio plus expanded rear patio - perfect for entertaining lakeside! Additional features include lots of cabinets in the garage & newly refinished garage floor plus New Commercial Water Heater in 2022!
Low HOA fee includes Cable TV + premium channels, Guard Gate, Pest control, Internet Service, Lawn irrigation & landscaping, & even ADT alarm monitoring! It's like living in a Country Club but without the membership fees! Community amenities include a fully staffed Clubhouse with a full time Social Director and other amenities including 4 bocce courts, 4 lit/1 unlit tennis courts, 4 lit pickleball courts, 4 shuffleboard courts, 2 sparkling swimming pools, 1 resistance-walking pool, 1 hot tub, full-service fitness center, aerobics room, billiards room, men's and women's locker rooms with saunas, library, media room, and a versatile ballroom with a stage and privately-contracted entertainment. Baywinds' clubs include Men's Club, Women's Club, Theater Arts Group, Hadassah, CERT, Bocce Club, Tennis Club, Clay Artisans, Craft Group, and New York Club, too! Must See Virtual Tour & Property Video!
| |||
| Mar 15, 2018 | Sold | ||
| Sold | |||
| Jan 15, 2018 | Listed by United Realty Group, Inc | $350,000 | |
| Listed by United Realty Group, Inc | |||
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About Baywinds
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017