28593 LOWER SMITH RIVER RD
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 |
|---|---|---|---|
| Jun 27, 2026 | Listed by Whitetail Properties Real Estate LLC | $1,200,000 | |
| Listed by Whitetail Properties Real Estate LLC | |||
| Apr 13, 2024 | Listed | $1,100,000 | |
| Listed | |||
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Welcome to this stunning 80-acre property along the picturesque Smith River, offering endless possibilities as a riverside ranch with investment opportunities. Includes a home site perfectly positioned next to the river, complete with a manufactured home foundation, water, and a septic system. Across the flowing cool river waters, a towering mature forest ecosystem thrives with expansive waterfalls is a sight to see. This property includes a 40-site campground, featuring a newer men's and women's shower/bathroom facility, RV disposal station, boat ramp, covered BBQ area, firewood shed, generator, solar power, and high-speed WiFi. Additionally, there is room for expansion, with approval for an additional 9 yurts and another 35 campsites for a total of 84 sites in all. This newer campground is ready for someone with innovative ideas and design to take it to the next level. Whether you're looking to unplug and enjoy quality time with your family or seeking a riverside ranch, this property offers the perfect setting.Take advantage off all the water adventures along more than 3,000 feet of amazing riverfront property!Unplug & load up the family, camping gear, cooler, fishing pole, raft, and swimming suit, and leave everything in the rearview mirror. Share your favorite campfire stories & stay awhile! Embrace the tranquility of the breathtaking river and explore the potential of this unique property. Don't miss out on this rare opportunity to own a piece of paradise along the Smith River.
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| May 14, 2021 | No longer available | - | |
| No longer available | |||
| Feb 3, 2021 | Relisted | $1,590,000 | |
| Relisted | |||
| Feb 2, 2021 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017