9 Larson Avenue
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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 |
|---|---|---|---|
| Apr 7, 2016 | Sold | ||
| Sold | |||
| Dec 1, 2015 | Listed by Globalized Realty Group | $399,918 | |
| Listed by Globalized Realty Group | |||
| Jun 3, 2015 | Sold | ||
| Sold | |||
| May 19, 2014 | Listed by Howard Hanna Coach | $375,000 | |
| Listed by Howard Hanna Coach | |||
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Great 3 Bedroom Ranch In The Heart Of Smithtown. Home Features, Formal Living Room, Formal Dining Room, Eat In Kitchen, Den W/ Wood Burning Stove, Full Basement, Attic W/Pull Down Stairs, .40 Acre Flat Fenced Yard, Roof & Anderson Windows Only 5 Years Old, Oil Burner & Water Heater 5 Years Old, 200 Amp Elec, Smart Security System. Mt Pleasant Elem/Great Hollow/Hswest, Additional information: Appearance:Excellent,Separate Hotwater Heater:Y
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About Smithtown
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Data Source: OneKey MLS
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Address: 335 Madison Avenue, New York, NY 10017