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Smithtown 11787 Smithtown
1 Bayberry Lane
$326,000
● House - Off Market

1 Bayberry Lane

Smithtown, NY 11787
bedrooms
2 Beds
bathrooms
1 Bath
$631,928
RealtyHop Estimate
86.41%
Since Nov 1, 2014
National-US
Primary Model

About This Property

Cozy 2 Bedroom Ranch Located In The Desirable Pines On .54 Lot. Eat In Kitchen, Living Room And Full Bath.  Low Taxes!! 4 Year Old In Ground Oil Tank, 100 Amp Electrical Service. Great Starter Home Or Investor!, Additional information: Appearance:Mint
Unit Size
-
Days on Market
-
Land Size
0.54 acres
Price per sqft
-
Property Type
House
Property Taxes
$279
HOA Dues
-
Year Built
-

Payment Calculator

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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.

Last updated: 6 months ago (OneKey MLS #KEYL2622638)

Price History

Date / Event Date Event Price
Nov 13, 2014 Sold
Premium
Sold
Oct 6, 2014 Sold
Premium
Sold
Oct 13, 2013 Listed by Howard Hanna Coach $339,000
Listed by Howard Hanna Coach

Property Highlights

Garage

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,522
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000540
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 94.-3-47 *1404 LOT 453 & 454 SMITHTOWN PINES

Neighborhood

  • School District Name: Hauppauge Union Free School District
  • School Tax School District: HAUPPAUGE
  • Census Tract: 135500

Geography

  • District: 0800-0
  • Section: 94.00
  • Parcel: 0800-094.00-03.00-047.000
  • Block: 3
  • Lot: 47.000
  • Municipality: SMITHTOWN
  • Latitude: 40.8455
  • Longitude: -73.2567

    Address

  • Full Address: 1 Bayberry Ln
  • Address - House Number: 1
  • Address - Street Name: Bayberry
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Smithtown
  • Carrier Code: C018
  • 4-Digit Zip Code: 3904
  • Zip Code: 11787

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $342,236
  • Tax Rate Code Area: 472806

    Appraisal Valuation

  • Standard Deviation: 0.246
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 65
  • Final Value: 574,811
  • High Value: 716,221
  • Low Value: 433,401

    Market Valuation

  • Market Total Value: $2,184
  • Market Land Value: $218
  • Market Improvement Value: $1,966

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,900
  • Assessed Land Value: $190
  • Assessed Improvements Value: $1,710

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 06, 2014
  • Current Sale Recording Date: Nov 13, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 33

    Financing

  • First Mortgage Financing Type: ADJ
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Smithtown

Stats & Trends

Median Asking:

$799,000

Sale Price/ft²

$410

Below Asking

0.01%

Average Days on Market

86

Average Home Size

2496 ft²

Average Home Age

61.8 years

Currently For Sale

48 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 55 Fairfield Way, Commack, NY, 11725

$3,065 /mo

  • 2 Beds
  • 1 Bath
  • 905 ft²
55 Fairfield Way #HE03, Commack, NY, 11725 Listing by Michelle Holmes

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 6 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 1 Bayberry Lane built and last sold?
The property at 1 Bayberry Lane was built in and last sold on Oct 6, 2014 for $326,000.
How much is this home worth?
The estimated value of the home located at 1 Bayberry Lane is $342,390.
What are some comparable homes to 1 Bayberry Lane?
There are currently no comparable homes to 1 Bayberry Lane.
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