3451 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 |
|---|---|---|---|
| Sep 1, 2022 | Sold | ||
| Sold | |||
| Apr 16, 2022 | Listed by eXp Realty, LLC | $1,295,000 | |
| Listed by eXp Realty, LLC | |||
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SECOND ROW home with unobstructed views of the beach as the lots to the right cannot be built on. One of the nicest & highest elevation subds in Crystal Beach. Golf Cart Access to Beach. This fully CUSTOM HOME has 4 bedrooms. 3.5 baths, Outside Elevator, Outdoor Shower, Garage to store a large boat. Whole house dehumidifier hooked up to the HVAC. Double Wide Driveway with plenty of parking for guests. The finishings in the home are stunning. Pride of ownership shows. Large island kitchen with quartz counters & custom cabinetry throughout. The Primary Suite located on the same floor as the kitchen & living areas and has a separate access to the deck. The Primary Executive Bath with separate garden tub & shower is phenomenal. 2nd floor has 3 bedrooms with another suite that has its own private balcony. Fully Furnished. This property is currently in a rental pool for the last several years. New owners can choose to stay in the rental market or have the home as their own private residence.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017