8 Smith Street
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 |
|---|---|---|---|
| Oct 23, 2024 | Sold | ||
| Sold | |||
| Aug 17, 2024 | In contract | - | |
| In contract | |||
| Jun 14, 2024 | Listed by Laffely Real Estate Associates | $829,000 | |
| Listed by Laffely Real Estate Associates | |||
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Environmentally friendly home includes a solar panel system & ductless mini split units. Located on the basin side of Plum Island this property provides easy access to beaches & water-based activities like sailing or kayaking. Fresh sea air enhances the overall experience of living here & an "off the beaten path" location provides a sense of quietude. A recently renovated entry deck w/storage below welcomes you into this charming & meticulously maintained Cape surrounded by mature plantings. There are wide pine floors in many of the rooms & large picture windows in the living rm & study that provide additional natural lighting that permeates the downstairs space. Large kitchen w/onyx countertops opens to the family room w/sliding glass doors that lead to a backyard deck w/pergola - great for entertaining & grilling outdoors. A window in the main bedroom beautifully frames the water views. Additional space under the rear deck provides storage for paddle boards, kayaks, canoes, etc.
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| Dec 30, 1996 | Sold | ||
| Sold | |||
| Sep 1, 1988 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017