15846 Smithland Drive
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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 |
|---|---|---|---|
| Apr 5, 2024 | Sold | ||
| Sold | |||
| Mar 19, 2024 | In contract | - | |
| In contract | |||
| Mar 7, 2024 | No longer available | - | |
| No longer available | |||
| Mar 6, 2024 | Listed by eXp Realty LLC | $329,000 | |
| Listed by eXp Realty LLC | |||
| | |||
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Lovely two-story home in Stone Place is ready for you! Room for everyone with 4 bedrooms and 3 full bathrooms. Well-appointed kitchen features granite countertops, tile backsplash, white cabinetry, stainless steel appliances and gas cooktop. Refrigerator stays! One bedroom is located downstairs (not the primary) and would make a great home office, guest suite, etc. Primary suite is conveniently located upstairs along with a large game room, 2 secondary bedrooms and a full bathroom. Washer/dryer, refrigerator and water softener stay! Private backyard with a covered patio. Zoned to CFISD. Easy access to Hwy. 6, Hwy. 290, Beltway 8 and Grand Parkway. Close to dining, shopping and entertainment. Make your showing appointment today!
| |||
| Feb 16, 2024 | Price Decreased |
$340,000
↓ $9K
(2.6%) | |
| Price Decreased | |||
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About Harris
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$3,100 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017