2 Bob Smith Road
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 |
|---|---|---|---|
| Jul 14, 2025 | Sold | ||
| Sold | |||
| Jan 25, 2025 | In contract | - | |
| In contract | |||
| Jan 18, 2025 | Listed | $989,000 | |
| Listed | |||
| Feb 21, 2023 | Sold | ||
| Sold | |||
| Aug 18, 2022 | Listed by Lindsey's Inc., Realtors | $109,500 | |
| Listed by Lindsey's Inc., Realtors | |||
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Beautiful wooded building lot in an area of high end homes just outside downtown Sharpsburg. All soil work, surveying, erosion control plan, etc have been completed and approved, all you have to do is pull your building permit. Minutes to I-85, PTC, Fischer Crossing/Costco and the new Fischer Marketplace development that is currently under construction. This parcel also fronts Highway 54 and has lots of road frontage on both roads and could potentially be rezoned as Commercial. Feel free to walk anytime. Adjacent Lot 1 is also for sale. Tax parcel shows house and more acreage but this lot was split off from that parcel. New survey is done and in Documents and new tax parcel number will be assigned by the county. Taxes are estimated as the current taxes are based on the original house and larger tract.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017