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23 Smith Ave
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 |
|---|---|---|---|
| Dec 18, 2020 | Sold | ||
| Sold | |||
| Oct 3, 2020 | Listed by Century 21 American Properties | $719,000 | |
| Listed by Century 21 American Properties | |||
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Opportunity is knocking for someone looking to build sweat equity in the City of Newton. This Side Entrance Colonial offers a spacious first floor with kitchen, living room, dining room, office & 3/4 bathroom. Sliding glass doors off the office lead out to an expansive deck. Second floor was converted from 3 bedrooms to 2 and offers a full bath. Two additional bedrooms were created in the walk up attic where a creative carpenter created built in drawers. Lower level is also finished with a family room area, work shop, shower and toilet.(Toilet not working) Substantial side yard hosted an above ground pool for many years & the cabana still remains. There is also a separate workshop with power. Tucked away from the hustle and bustle, yet so close to everything. At the bottom of the street is River St. Playground and the express bus to Downtown Boston. West Newton Square has many casual & fine dining choices, CVS, dry cleaners, banks, specialty shops, hair/nail salons, bank and much more.
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| May 28, 2010 | Sold | ||
| Sold | |||
| Apr 14, 2010 | Listed | $399,000 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017