38
Map
412 Smith Road
About This Property
Set well back from the road and bordered by trees on both sides, the home enjoys exceptional privacy while showcasing mostly level, open land that backs to a peaceful pond with its own dock. The acreage is ideal for equestrian pursuits, a hobby farm, gardens, or simply enjoying wide-open space in an exclusive countryside setting.
The home features soaring two-story ceilings in the living room, a loft overlooking the main living area with built-in cabinetry, and a bright sunroom accented by exposed beams and bleached pine walls and ceilings. The kitchen flows seamlessly into the dining area, while the conveniently located powder room/laundry room provides easy access for guests.
The primary suite offers a walk-in closet, dual vanities, and a zero-entry tile shower. Adjoining the suite is a spacious year-round flex room currently housing a swim spa, surrounded by windows that fill the space with natural light. Upstairs are two generously sized bedrooms connected by a Jack-and-Jill bath, along with a loft area ideal for a home office, library, or reading retreat.
Outdoor living is enhanced by multiple decks overlooking the scenic grounds, where deer are frequent visitors and mature dogwood, Japanese maple, mimosa, maple, crape myrtle, and white oak trees provide beauty throughout the seasons.
A rare and valuable feature is the combination of an attached two-car garage plus an oversized detached two-car garage with power and workbench, providing abundant space for vehicles, equipment, hobbies, or farm-related needs.
Recent improvements include a roof (approximately 6 years old), hypoallergenic insulation (2025), crawlspace encapsulation (2025), freestanding gas fireplace (2025), new ductwork (2026), some replacement windows, and a termite bond already in place. Natural gas service provides efficient heating and a tankless water heater.
Enjoy the best of Gowensville living-peaceful, private, and surrounded by some of the area's most beautiful equestrian estates and countryside views, yet conveniently located for access to Landrum, Tryon, Greer, and Greenville.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Aug 13, 2026 | Sold | ||
| Sold | |||
| Jul 18, 2026 | In contract | - | |
| In contract | |||
| Jul 7, 2026 | Price Decreased |
$649,900
↓ $29K
(4.3%) | |
| Price Decreased | |||
| Jun 25, 2026 | Listed by Real Broker, LLC | $679,000 | |
| Listed by Real Broker, LLC | |||
| Aug 13, 2018 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017