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3450 Smiths Point
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 |
|---|---|---|---|
| Jul 15, 2026 | Listed by eXp Realty LLC | $1,750,000 | |
| Listed by eXp Realty LLC | |||
| Feb 14, 2026 | No longer available | - | |
| No longer available | |||
| Feb 13, 2025 | Listed by eXp Realty LLC | $1,750,000 | |
| Listed by eXp Realty LLC | |||
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This coastal living dream home combines supreme quality with sophisticated style and breathtaking views of the Gulf of Mexico. This custom-built oceanfront haven offers a true sense of ‘living the dream’! The expansive kitchen is sure to inspire your inner chef with its stainless steel appliances, sleek oven, refrigerated drawers, and sub-zero refrigerator. Entertaining is made easy with a wet bar and a spacious great room that showcases ocean vistas & opens onto a large terrace with a screened-in porch. The generous primary wing was designed for privacy and space, & features an ocean view, double vanities, walk-in closets, & a large walk-in shower. The three guest rooms come complete with en suite baths & plenty of closet space. This spectacular beachfront home is equipped with a 3-stop personal elevator, attached garage, fenced yard, air conditioned sunroom, media room, & electric storm shutters. Experience lack of crowds on the quiet part of Bolivar Peninsula
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| Nov 11, 2023 | No longer available | - | |
| No longer available | |||
| Apr 26, 2023 | Price Decreased |
$2,200,000
↓ $200K
(8.3%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017