8137 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 |
|---|---|---|---|
| Aug 16, 2024 | Sold | ||
| Sold | |||
| May 22, 2024 | Listed by BHGRE Haven Properties | $135,000 | |
| Listed by BHGRE Haven Properties | |||
| May 4, 2023 | No longer available | - | |
| No longer available | |||
| Mar 28, 2023 | Price Decreased |
$154,999
↓ $5K
(3.1%) | |
| Price Decreased | |||
| Mar 7, 2023 | Listed by Hann Realty | $159,999 | |
| Listed by Hann Realty | |||
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MOTIVATED SELLER. This 10,000 SF residential lot could be the spot for you. Out of state investor. Seller does not have a survey. All utilities available at the road, need connected. Buyer will be responsible to confirm utilities and any restrictions. Great investment property. The address in the listing may be for mapping purposes. An actual address will be given at the time of development. PLEASE BE SURE TO DO YOUR OWN HOMEWORK ON EACH LISTING AND MAKE SURE THE LAND SUITS YOUR NEEDS. LISTING AGENT IS TO BE HELD HARMLESS OF ANY DEFICIENCIES OR MISREPRESENTATIONS.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017