3481 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 |
|---|---|---|---|
| Dec 14, 2021 | Sold | ||
| Sold | |||
| Oct 18, 2021 | Listed by Phillips Realty Group & Assoc | $775,000 | |
| Listed by Phillips Realty Group & Assoc | |||
| | |||
|
Immaculate 2nd row beach home with exceptional high-end finishes and stunning Gulf views! Buyout lots in front to ensure the future sight lines. This 3 bedroom/2 bath property features all the amenities for full-time living or a second home. Kitchen is open to family room and offers granite countertops, farmhouse sink, massive island, stainless appliances, beautiful fixtures and expansive counter and storage space. Spacious family room is light, bright and airy--with exquisite furnishings and a wall of windows to enjoy the beach views. Two secondary bedrooms and a shared bath are finished with beautiful details. Split floorplan provides privacy for the master suite and stunning master bath! Large covered deck allows ample room for multiple seating areas, entertaining and simply enjoying the Gulf vistas and sounds. Oversized garage and outdoor shower below--plus a fenced area for pets--are an added bonus. Sells fully furnished.
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| Aug 25, 2021 | Sold | ||
| Sold | |||
| Jul 28, 2021 | Listed by Coldwell Banker Realty | $700,000 | |
| Listed by Coldwell Banker Realty | |||
| | |||
|
Immaculate 2nd row beach home with exceptional high-end finishes and stunning Gulf views! Buyout lots in front to ensure the future sight lines. This 3 bedroom/2 bath property features all the amenities for full-time living or a second home. Kitchen is open to family room and offers granite countertops, farmhouse sink, massive island, stainless appliances, beautiful fixtures and expansive counter and storage space. Spacious family room is light, bright and airy--with exquisite furnishings and a wall of windows to enjoy the beach views. Two secondary bedrooms and a shared bath are finished with beautiful details. Split floorplan provides privacy for the master suite and stunning master bath! Large covered deck allows ample room for multiple seating areas, entertaining and simply enjoying the Gulf vistas and sounds. Oversized garage and outdoor shower below--plus a fenced area for pets--are an added bonus. Sells fully furnished.
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| Nov 18, 2020 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017