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995 Bay Road
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 |
|---|---|---|---|
| Aug 8, 2024 | Sold | ||
| Sold | |||
| Jun 9, 2024 | Listed by Coldwell Banker Realty - Marblehead | $2,425,000 | |
| Listed by Coldwell Banker Realty - Marblehead | |||
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This distinguished estate is nestled on the historic grounds of the former Samuel Dane Farm. Rebuilt in 1987, this home seamlessly blends modern comforts with the timeless charm of yesteryears. Pass through the stately fieldstone pillars to be enveloped by the lush 5 acre rolling pastures, perennial gardens, and specimen trees offering a peaceful, tranquil enjoyment for both family and horses who currently reside in the beautiful red barn. The property has access to the Essex County Rail Trail. The main house offers an impressive layout, featuring 5 bedrooms and 4.5 baths. The heart of the home, the kitchen, has been beautifully remodeled, boasting quartz counters, a six-burner Wolf stove, double ovens, an oversized island with seating, a built-in Sub-Zero refrigerator, and a convenient coffee station complete with water supply. The 5 stall barn w/heated tack room, barn in & out paddocks, outdoor sand riding ring and open fields are perfect for equestrians in the family.
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| Mar 8, 2005 | Sold | ||
| Sold | |||
| Mar 11, 2004 | Listed | $1,195,000 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017