16 Smith Road
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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 |
|---|---|---|---|
| May 1, 2024 | Sold | ||
| Sold | |||
| Feb 11, 2024 | In contract | - | |
| In contract | |||
| Jan 30, 2024 | Price Decreased |
$710,000
↓ $20K
(2.7%) | |
| Price Decreased | |||
| Dec 3, 2023 | Listed by Howard Hanna Rand Realty | $729,900 | |
| Listed by Howard Hanna Rand Realty | |||
| | |||
|
Beautiful Completely Renovated Home. First Floor Features Kitchen, Dining and Living room area. Primary Bedroom, Bedroom, Full Bathroom and Laundry area. First floor with private entrance to Office or Den with Bathroom hookup. Second Floor Features Kitchen, Dining and Living Room area and Deck. Primary Bedroom, Two other Bedrooms. Full Bathroom and Laundry area. Close to Buses, Train, Shopping, Eateries and Parks.
| |||
| Apr 13, 2023 | Sold | ||
| Sold | |||
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Data Source: OneKey MLS
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017