118 SMOKERISE Drive
About This Property
Discover the Sierra Bonus II floor plan by Lennar Homes featuring 4 bedrooms, 3.5 baths, a study, and a 2-car garage. This home offers a Gourmet Kitchen with Quartz countertops, 42'' cabinets, and stainless steel appliances including a gas range, double ovens, dishwasher, microwave, and refrigerator. Ceramic wood-look tile is featured in all wet areas and extends into the living, dining, study, and halls. Additional highlights include Quartz vanities, a pre-screened lanai, and a full sprinkler system. Enjoy confidence with a one-year builder warranty, dedicated customer service, and 24-hour emergency support.
(Conditions may apply)
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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 |
|---|---|---|---|
| Sep 15, 2026 | Price Decreased |
$589,999
↓ $3K
(0.5%) | |
| Price Decreased | |||
| Sep 6, 2026 | Price Increased |
$592,999
↑ $15K
(2.6%) | |
| Price Increased | |||
| Aug 12, 2026 | Price Decreased |
$577,999
↓ $17K
(2.9%) | |
| Price Decreased | |||
| Jul 27, 2026 | Price Decreased |
$594,999
↓ $20K
(3.3%) | |
| Price Decreased | |||
| Jul 1, 2026 | Price Increased |
$614,999
↑ $3K
(0.4%) | |
| Price Increased | |||
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About St. Johns
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017