505 W Smith Street
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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 |
|---|---|---|---|
| Dec 7, 2021 | Sold | ||
| Sold | |||
| Nov 3, 2021 | Listed by Moore Real Estate | $245,000 | |
| Listed by Moore Real Estate | |||
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Updated home in the heart of Original Cleburne! This home has been tastefully updated including kitchen cabinets, stainless steel appliances, farm sink, light fixtures, bathroom and fresh interior paint! Laminate wood flooring and tile throughout. The rooms are spacious and so appealing with neutral colors and no wallpaper. The backyard features an inground play pool, large open patios, outdoor bar area and a storage building with electric. This one will not last long!
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| Nov 9, 2020 | Sold | ||
| Sold | |||
| Aug 24, 2020 | Listed by Webb Kirkpatrick Real Estate, Inc | $199,900 | |
| Listed by Webb Kirkpatrick Real Estate, Inc | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017