9227 Bayway DRIVE
About This Property
Back to market with more improvements.
Deal fell through due to financing reasons.
Gorgeous Home inside the Exclusive Emerson Pointe Guard Gated Community in Bay Hill, Doctor Phillips; within Arnold Palmers Golf Course and Country Club this home is a must see featuring a very elegant entryway with 12ft high ceilings, ivory travertine floors throughout the house, very chic and elevated finishes with stunning light fixtures and a large kitchen with granite countertops and Onyx backsplash matching fireplace finishes, laundry room and bathrooms making this a cohesively finished and beautifully decorated home! The pool is a spectacular resort style rock pool with a gas heated spa and a barbecue kitchen making this a perfect entertaining outdoors experience for your guests.
The second floor includes a game/tv room, one bedroom and one bathroom.
This a 24/7 guard gated community
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jun 13, 2024 | Sold | ||
| Sold | |||
| May 6, 2024 | In contract | - | |
| In contract | |||
| Apr 29, 2024 | Price Decreased |
$1,565,000
↓ $10K
(0.6%) | |
| Price Decreased | |||
| Apr 27, 2024 | Relisted | $1,575,000 | |
| Relisted | |||
| Apr 25, 2024 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017