8121 Smith Point Road
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 |
|---|---|---|---|
| Sep 9, 2024 | Sold | ||
| Sold | |||
| Aug 25, 2024 | In contract | - | |
| In contract | |||
| Jun 12, 2024 | Listed by Oak Shores Realty | $709,000 | |
| Listed by Oak Shores Realty | |||
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RARE SINGLE STORY HOME ON AN OVERSIZED CORNER LOT WITH LAKE VIEWS! Located in the gated community of Oak Shores, this property has plenty of space to entertain or relax. Enter into the huge family room/game room that has a built in bar. Adjacent to the game room is the carpeted living room with a wood pellet stove and breathtaking view of Lake Nacimiento that can also be admired from the kitchen and dining room. There are two spacious guest bedrooms, a full guest bathroom and one master en-suite that has sliding glass doors leading to the outdoor concrete patio which is perfect for a spa. Also outside, enjoy the views from the patio just off of the kitchen and living room with retractable awning or relax in the shade of the oak tree on the side of the house in the fully fenced yard. Tons of off street parking, including boat parking in the carport. There is an abundance of storage inside and out from the full size basement, storage closet near the front door, and an additional shop building perfect for lake toys!
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| Nov 2, 2023 | No longer available | - | |
| No longer available | |||
| Apr 30, 2023 | Listed by Oak Shores Realty | $723,000 | |
| Listed by Oak Shores Realty | |||
| | |||
|
RARE SINGLE STORY HOME ON AN OVERSIZED CORNER LOT WITH LAKE VIEWS! Located in the gated community of Oak Shores, this property has plenty of space to entertain or relax. Enter into the huge family room/game room that has a built in bar. Adjacent to the game room is the carpeted living room with a wood pellet stove and breathtaking view of Lake Nacimiento that can also be admired from the kitchen and dining room. There are two spacious guest bedrooms, a full guest bathroom and one master en-suite that has sliding glass doors leading to the outdoor spa. Also outside, enjoy the amazing patio space just off of the kitchen and living room with retractable awning or relax in the shade of the oak tree on the side of the house in the fully fenced yard. Tons of off street parking, including boat parking in the carport. There is an abundance of storage inside and out from the full size basement, storage closet near the front door, and an additional shop building perfect for lake toys! The manager has listed the unit size as 2065 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017