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Nesconset 11787 Nesconset
1 Quincy Lane
$725,000
● House - Off Market

1 Quincy Lane

Smithtown, NY 11787
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
$4,556
Est. Monthly
5.80%
Cap Rate

About This Property

Phenomenal opportunity to own a large, 4 bedroom 2.5 bath colonial on a quiet tree lined street in the Presidents section of Smithtown! Spacious rooms throughout. Welcoming Foyer, large Living Room, Eat-In Kitchen and generous Den/Family Room with sliders to a spacious, fenced backyard. The second floor is comprised of a Large Primary Bedroom Suite with Full Bath and Walk-In closets, plus 3 additional generous Bedrooms and a common Full Bath. New roof was just installed in July 2024. Windows, siding and CAC are about 10 years old. Appliances are about 2 years old., Additional information: Appearance:Excellent,Separate Hotwater Heater:Y
Unit Size
-
Days on Market
106 days
Land Size
0.28 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,124
HOA Dues
-
Year Built
1974

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: 5 months ago (OneKey MLS #KEYL3571819)

Price History

Date / Event Date Event Price
Nov 26, 2024 Sold
Premium
Sold
Aug 12, 2024 Listed by Signature Premier Properties $699,000
Listed by Signature Premier Properties

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 5
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 774
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,197
  • Total Building Area: 2,041
  • Building Area: 2,041
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 10
  • Heated Square Feet: 2,041
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000280
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 163.-2-32 *5900 LOT 10 WHITE OAK AT SMITHTOWN

Neighborhood

  • School District Name: Smithtown Central School District
  • School Tax School District: SMITHTOWN
  • Census Tract: 135401

Geography

  • District: 0800-1
  • Section: 163.00
  • Parcel: 0800-163.00-02.00-032.000
  • Block: 2
  • Lot: 32.000
  • Municipality: SMITHTOWN
  • Latitude: 40.831
  • Longitude: -73.1672

    Address

  • Full Address: 1 Quincy Ln
  • Address - House Number: 1
  • Address - Street Name: Quincy
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Smithtown
  • Carrier Code: C038
  • 4-Digit Zip Code: 5520
  • Zip Code: 11787

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,163,314
  • Tax Rate Code Area: 473401

    Appraisal Valuation

  • Standard Deviation: 0.2692
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 61
  • Final Value: 721,625
  • High Value: 915,896
  • Low Value: 527,354

    Market Valuation

  • Market Total Value: $5,937
  • Market Land Value: $345
  • Market Improvement Value: $5,592

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $5,165
  • Assessed Land Value: $300
  • Assessed Improvements Value: $4,865

    Exemptions

  • Veteran Exemption: Yes
  • Homeowner Exemption: Yes
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 Nesconset

Stats & Trends

Median Asking:

$765,000

Sale Price/ft²

$404

Below Asking

0.01%

Average Days on Market

88

Average Home Size

1826 ft²

Average Home Age

48.1 years

Currently For Sale

18 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

Rentals Near You

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OneKey

Last Updated: 5 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 1 Quincy Lane built and last sold?
The property at 1 Quincy Lane was built in 1974 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1 Quincy Lane is $705,990.
What are some comparable homes to 1 Quincy Lane?
There are currently no comparable homes to 1 Quincy Lane.
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