73 Smith Avenue
About This Property
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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 |
|---|---|---|---|
| Mar 21, 2025 | Sold | ||
| Sold | |||
| Feb 12, 2025 | In contract | - | |
| In contract | |||
| Feb 3, 2025 | Relisted | $365,000 | |
| Relisted | |||
| Jan 30, 2025 | In contract | - | |
| In contract | |||
| Jan 22, 2025 | Listed by Compass | $365,000 | |
| Listed by Compass | |||
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Back on the market due to buyer financing. Located in a quiet neighborhood in Somerset this home is solidly built has some wonderful features and is ready for its next owners! Upon entering you are greeted by a very spacious kitchen with tiled floor, and generous counter and cabinet space. The kitchen opens up to a dining room with hardwood floors and a half bath. The large living room has wonderful 12 foot ceilings, hardwood floors, and great natural light! Upstairs there are two good sized bedrooms with large closets and full bathroom. The basement is ready for finishing or for ample storage. The yard is 7000 square feet, partially fenced and perfect for outdoor gatherings and relaxing. This home has so much potential and with some TLC is the perfect entry point for Somerset. Take advantage of the wonderful school system with two new schools, 10 mins. to the Fall River Commuter Rail, great businesses and dining, and only a few blocks to the water! Some photos virtually staged
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017