968 Bay Road
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Nov 14, 2025 | Sold | ||
| Sold | |||
| Oct 3, 2025 | In contract | - | |
| In contract | |||
| Sep 16, 2025 | Price Decreased |
$2,275,000
↓ $120K
(5%) | |
| Price Decreased | |||
| Jul 7, 2025 | Price Decreased |
$2,395,000
↓ $100K
(4%) | |
| Price Decreased | |||
| Mar 17, 2025 | Listed by J. Barrett & Company | $2,495,000 | |
| Listed by J. Barrett & Company | |||
| |||
|
Spectacular family compound incorporates new systems, all new HVAC, advanced security and extensive new construction by noted local architect. Recent new construction includes re-built Grandfathered one bedroom one bath cottage with fine details and enormous Great Room over 4 car heated garage with gym. Great Room is a Wow for entertaining with oversized Rumford fireplace, 1/2 bath, full kitchen that does it all with 8 burner range and in Island refrigeration and freezers and dishwasher. The Main house with new cedar roof offers 4/5 additional bedrooms, second floor office, 3 1/2 baths, chef's kitchen and large pantry with adjoining library/sitting room with FP and 1/2 bath, lovely dining room and living room with FP, all surrounded by newly constructed three season room, new covered porches, brick patio, pea stone drive and exceptional fenced yard and fire pit. Fine views, conservation areas, superb local private and public schools. Convenient access to Logan Airport and Boston
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017