122 Smith Drive
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 |
|---|---|---|---|
| Sep 30, 2025 | Sold | ||
| Sold | |||
| Jun 20, 2025 | In contract | - | |
| In contract | |||
| Jun 17, 2025 | Listed by Compass | $1,995,000 | |
| Listed by Compass | |||
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A rare opportunity along the fairways of Norfolk Golf Club, this thoughtfully designed five-bedroom, 3,500-square-foot Colonial offers refined living in a sought-after setting. Blending timeless architecture with modern functionality, the home features a welcoming foyer flanked by two versatile rooms—perfect for dining, work, or play. At the heart of the home, the sunlit eat-in kitchen opens to a spacious family room with fireplace, extending to a three-season porch and expansive deck overlooking landscaped grounds and generous backyard retreat. A mudroom connects to the attached two-car garage, streamlining daily routines. Upstairs, the vaulted-ceiling primary suite is complemented by four additional bedrooms and two full baths. A walk-up attic and unfinished lower level provide for future customization. Close proximity to the Downey School, commuter rail, I-93, I-95, University Station, and Islington Center, this home offers the perfect blend of comfort, flexibility, and location.
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| Sep 28, 2017 | Sold | ||
| Sold | |||
| Aug 22, 2017 | Listed by Coldwell Banker Residential Brokerage - Wellesley - Central St. | $1,299,000 | |
| Listed by Coldwell Banker Residential Brokerage - Wellesley - Central St. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017