9 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 |
|---|---|---|---|
| Jul 29, 2009 | Sold | ||
| Sold | |||
| Feb 2, 2006 | Listed | $159,000 | |
| Listed | |||
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Georgeous circa 1720 antique saltbox needs major restoration,6 fireplaces(with an original beehive oven),original woodwork and features.Charming backroad location yet close to shopping and TPC golf course.Commercial zoning would make for wonderful bed and breakfast for golf clientelle.Historic "Cromwell Leonard House" once owned by Senator Leonard circa 1848 and was used as a stop on the underground railroad. Garage has been converted to an excellent living area.
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Address: 335 Madison Avenue, New York, NY 10017