361 Frank Smith Road
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 |
|---|---|---|---|
| Jan 28, 2026 | Sold | ||
| Sold | |||
| Dec 19, 2025 | In contract | - | |
| In contract | |||
| Dec 11, 2025 | Listed by William Raveis R.E. & Home Services | $529,000 | |
| Listed by William Raveis R.E. & Home Services | |||
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CENTER OF TOWN RANCH! Well maintained 7RM, 2 BR Ranch w/great floor plan & many newer windows. Refinished hardwood floors thru-out. Fabulous CONDO ALTERNATIVE! Interior recently painted. Updated kitchen w/ granite counters, cherry cabinets, SS appliances, double wall ovens & dining area. Triple pane kitchen windows & newer LR & sunroom windows. Custom shades too. Open floor plan, LR & DR both flow into beautiful sunroom w/ vaulted ceiling, views to private back yard & French door access to deck w/2025 retractable awning. Professionally landscaped grounds w/ plants blooming in seasonal rotation. Den w/ fireplace can also be home office or guest area. Primary bedroom offers garden views, walk-in closet & updated full bath. Hall bath updated w/ new glass shower door & granite vanity. 2 cedar closets/ 1 walk-in below. OWNED SOLAR PANELS-ZERO electric cost past 4.5yrs APO. Paver walks to front & side doors. Large storage shed. 2 car garage w/ newer overhead door. Circular driveway
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| Apr 23, 2021 | Sold | ||
| Sold | |||
| Mar 5, 2021 | Listed by Coldwell Banker Residential Brokerage - Longmeadow | $395,000 | |
| Listed by Coldwell Banker Residential Brokerage - Longmeadow | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017