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8143 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 |
|---|---|---|---|
| Jun 30, 2020 | Sold | ||
| Sold | |||
| Feb 3, 2020 | Listed by Oak Shores Realty | $1,275,000 | |
| Listed by Oak Shores Realty | |||
| Nov 6, 2019 | No longer available | - | |
| No longer available | |||
| Jul 21, 2019 | Price Decreased |
$1,275,000
↓ $120K
(8.6%) | |
| Price Decreased | |||
| Mar 4, 2019 | Listed | $1,395,000 | |
| Listed | |||
| | |||
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Amazing Panoramic lake views on all sides from this waterfront beauty! Enchanting & unique lake house includes oak studded lot, fabulous great room/kitchen area w/ views of the lake out every window. Granite countered gourmet kitchen w/ upgraded stainless steel GE appliances is a chef's dream. Seat over 25 between the dining area & counter seating. Or entertain on expansive decks overlooking Naci. Plenty of room to sleep everyone comfortably w/ 4 bedrooms, 3.5 baths & a game room that could be a master suite. Plus an office unit above the garage w/ its own private entrances, a kitchen, family room & bath. Completely renovated interior & exterior, including Milguard windows & doors, tile floors & cabinetry, AC, & oak-shaded wrap around decks. Garage is 20" by 30" w/ a 10"+ door w/ tons of portable cabinetry. Private boat dock on the beach below completes this waterfront. Buyer has 1st right of refusal of the adjoining lot w/ cemented parking areas for $125,000. The manager has listed the unit size as 3982 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017