500 N SMITH AVE
About This Property
As you step inside, you'll be greeted by a cozy, inviting atmosphere that instantly makes you feel at home. The property also boasts a versatile shed in the backyard, ideal for storage or as a workshop, adding to the charm and functionality of this lovely home.
Harrington, with its population of around 3,500, is known for its strong sense of community and robust agricultural industry. The town hosts the much-anticipated Delaware State Fair, showcasing Harrington's vibrant culture and community spirit.
The job market in Harrington is diverse, offering opportunities in various sectors such as healthcare, education, manufacturing, and retail. This, combined with the town's strategic location, makes it a great place for both career growth and a peaceful lifestyle.
Living in the 19952 zip code gives you easy access to all these amenities, along with Harrington Raceway & Casino, delightful dining options, and convenient shopping. One of the crown jewels of Harrington is the nearby Killens Pond State Park, a natural oasis offering a plethora of activities for outdoor enthusiasts. This beautiful park features a 66-acre millpond, perfect for fishing, boating, and kayaking. Nature lovers can explore the numerous hiking trails, while the water park provides a fun-filled escape for families during the summer. With picnic areas, playgrounds, and camping facilities, Killens Pond State Park is a year-round destination for recreation and relaxation.
Don't miss your chance to own a piece of this wonderful community at 500 N Smith Ave. Contact us today to schedule your showing and take the first step towards making this dream home yours, in a town that offers the perfect blend of tranquility and vibrant community life."
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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 |
|---|---|---|---|
| May 1, 2024 | Sold | ||
| Sold | |||
| Mar 10, 2024 | In contract | - | |
| In contract | |||
| Mar 1, 2024 | Price Decreased |
$180,000
↓ $20K
(10%) | |
| Price Decreased | |||
| Feb 22, 2024 | Price Decreased |
$200,000
↓ $15K
(7%) | |
| Price Decreased | |||
| Feb 3, 2024 | Listed by Keller Williams Realty Central-Delaware | $215,000 | |
| Listed by Keller Williams Realty Central-Delaware | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017