2212 Smathers Circle N
About This Property
Very hard to find a Melbourne home of this Caliber in this Price Range. Weather you are a first time Home Buyer or an Investor, This home is ready for you! Dont Wait! Or this House will be SOLD!
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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 |
|---|---|---|---|
| Dec 6, 2023 | Sold | ||
| Sold | |||
| Nov 7, 2023 | In contract | - | |
| In contract | |||
| Nov 1, 2023 | Listed by EXP Realty, LLC | $275,000 | |
| Listed by EXP Realty, LLC | |||
| Jul 20, 2023 | Sold | ||
| Sold | |||
| May 30, 2023 | Listed by Blue Marlin Real Estate | $220,000 | |
| Listed by Blue Marlin Real Estate | |||
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Attention investors! Don't miss out on this fantastic opportunity! Presenting a 4-bedroom, 2-bathroom concrete block home with a solid foundation. The property features a spacious open floor plan, and generously sized bedrooms. Laundry conveniently situated in the outside utility room by the carport. The home is ideally located in a wonderful neighborhood, surrounded by excellent schools, shopping centers, dining options, and more. With a little TLC this property holds tremendous potential as a lucrative investment. With the right renovations and updates, it could be transformed into a profitable flip or a desirable long-term rental property. Don't let this opportunity slip away! Reach out to schedule a viewing and explore the possibilities this property holds for your investment portfolio portfolio
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017