122 SMITH AVENUE
About This Property
This stylish home is fully renovated and truly move-in ready, with dramatic open-beam ceilings that give the interior a style all its own. The most recent improvements include new quartz countertops, newly reconfigured front steps with new railings, a widened and expanded driveway, and a new skylight that brings even more natural light inside.
The screened front porch is a great spot for a morning cup of coffee and to enjoy the neighborhood. Inside, hardwood floors run throughout, complemented by stainless steel appliances, beautifully tiled showers, and great custom details. The kitchen offers exceptional storage, including a custom appliance garage with built-in power outlets to keep countertops clean and uncluttered.
Outside, beautiful seasonal landscaping surrounds the home. An elegant iron gate opens to the rear yard, where a wide paver walkway leads to the spacious shed with its handsome wood door. There is also a large deck with plenty of room for outdoor furniture and a grill!
Approximately 1,100 square feet. Tax records do not reflect the actual square footage. All of this in sought-after Murray Hill, within walking distance of Downtown Annapolis, restaurants, shops, the waterfront, and everything that makes in-town living so special.
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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 25, 2026 | Price Decreased |
$889,000
↓ $86K
(8.8%) | |
| Price Decreased | |||
| Aug 20, 2026 | Listed by Coldwell Banker Realty | $975,000 | |
| Listed by Coldwell Banker Realty | |||
| Dec 3, 2020 | Sold | ||
| Sold | |||
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About Annapolis
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017