209 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 |
|---|---|---|---|
| Nov 5, 2024 | Sold | ||
| Sold | |||
| Sep 11, 2024 | In contract | - | |
| In contract | |||
| Aug 15, 2024 | Price Decreased |
$535,000
↓ $40K
(7%) | |
| Price Decreased | |||
| Jun 21, 2024 | Listed by The Right Move Real Estate Gro | $575,000 | |
| Listed by The Right Move Real Estate Gro | |||
| Aug 8, 2023 | Listed by JPAR | $650,000 | |
| Listed by JPAR | |||
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Welcome to this magnificent estate! This historic home, built in 1922, sits on over 2 acres of lush land in the beautiful lower valley. The main house boasts 4 bedrooms 3 bathrooms & a basement, exuding the timeless charm & elegance of Old El Paso! A grand home with maximum entertainment space is ready for your creativity!
Indulge in luxury within the indoor pool room spanning 3220 sq. ft., complete with a kitchen, bedroom, & full bath. The heated pool and Jacuzzi in the pool house invite relaxation year-round. Solar panels, fully paid off, contribute to sustainable living.
Beyond the main residence, you'll find two detached oversized garages, a sizable 1397 sq. ft. barn, and a guest house/casita featuring 1750 sq. ft. with 3 bedrooms & 1 bath, perfect for visitors or additional living space.
Outside, a flourishing pecan orchard graces the back acre, while the entire property enjoys irrigation rights, ensuring vibrant greenery. For the sporty at heart, relish the 6240 sq. ft. of tennis court Embrace the balance of history and sprawling outdoor space in this truly remarkable property.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017