4278 Phillip Smith Road
About This Property
on 1.68 acres. Want peace and quiet to
listen for the birds to sing and hear
the crickets at night. If you are looking for country living this is it,
fix the mobile home up or remove and
build your home. Plenty of room for horses and a garden. Being sold AS IS No Repairs. The value in the land.
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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 |
|---|---|---|---|
| Nov 27, 2018 | Sold | ||
| Sold | |||
| Jun 5, 2018 | Listed by WATSON REALTY CORP | $38,000 | |
| Listed by WATSON REALTY CORP | |||
| Feb 5, 2013 | Listed by WATSON REALTY CORP | $29,900 | |
| Listed by WATSON REALTY CORP | |||
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About Clay
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017