48 Asbury Drive
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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 |
|---|---|---|---|
| Jun 16, 2022 | Sold | ||
| Sold | |||
| May 6, 2022 | Sold | ||
| Sold | |||
| Mar 3, 2022 | In contract | - | |
| In contract | |||
| Feb 9, 2022 | Listed by Compass Greater NY LLC | $599,999 | |
| Listed by Compass Greater NY LLC | |||
| | |||
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Step Right Into This Beautifully Updated Colonial With Perfect Curb Appeal. Enjoy Tons Of Natural Sunlight Throughout First Floor With Large Eat-In Kitchen, Dining Area, And Living Room. The Laundry Rm/Office/Play Area, Pantry, And Updated Half Bath Completes The First Floor Space. Second Floor Is Complete With Large Primary Bedroom, Three Additional Spacious Bedrooms, And Updated Full Bath. Newly Refinished Hardwood Floors In Hallway, Stairs, & Primary BR, Updated Flooring In Living Rm And Dining Rm, Newer Appliances Throughout, Updated Roof, Vinyl Siding, Windows, Central Air, Hot Water Tank, And New Heating System. One-Car Attached Garage With Interior Access And Additional Attic Storage Above Garage. Enjoy Your Private Entertainers Backyard Complete With Double Paver Patios, Fence, And Shed. Smithtown School District! Low Taxes! Will Not Last!
| |||
| Jan 26, 2022 | Listed by Compass Greater NY LLC | $599,999 | |
| Listed by Compass Greater NY LLC | |||
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About Smithtown
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017