2 Smith Lane
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 |
|---|---|---|---|
| Nov 25, 2019 | Sold | ||
| Sold | |||
| Jul 26, 2016 | Sold | ||
| Sold | |||
| May 28, 2004 | Sold | ||
| Sold | |||
| Jan 9, 2004 | Listed by RE/MAX Vision | $199,500 | |
| Listed by RE/MAX Vision | |||
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Classic 1800's Colonial,3-4 BDRM,1764+- SF, FORMAL LR, DR, Light filled Brady Sunroom, Sunfilled Dining area addition, Hardwoods, built in, Garage, Large level yard with vegetable gardens, Perennials, Farmer's porch, NELSON PLACE SCHOOL. Delightful home. Long term owner. EASY 190, 290 ACCESS. Needs some work.
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