12
Map
986 Smith Drive
About This Property
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Cap Rate Calculator
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 14, 2026 | Listed by Fuller Group | $95,000 | |
| Listed by Fuller Group | |||
| Mar 11, 2025 | Sold | ||
| Sold | |||
| Nov 21, 2024 | Listed by Lifestyles Realty Houston Inc. | $92,900 | |
| Listed by Lifestyles Realty Houston Inc. | |||
| | |||
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Walk, Skip, or hop to the beach!!! SMITH DR offers DIRECT ACCESS to drive on the beach and very few neighbors for unparalleled privacy on the peninsula! This is future site of your dream beach home! It's a complete blank slate for your imagination to take over. It's a large lot that gives you plenty of room for that dream beach house with a wrap around deck and ample room for your toys (boats, beach buggies, etc) and guests! Utilities are available. Last checked, either connecting to MUD or installing septic were both acceptable. Please verify any do your own due diligence.
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| Aug 26, 2024 | No longer available | - | |
| No longer available | |||
| Jul 6, 2024 | Price Decreased |
$102,900
↓ $6K
(5.6%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017