10 Elm Avenue
About This Property
This charming, turnkey ranch is ready to welcome its new owners! Step inside to a bright, open-concept layout featuring a beautiful kitchen with gray cabinetry, quartz countertops, and an eye-catching chevron tile backsplash-perfect for both everyday living and stylish entertaining.
Down a wide hallway, you'll find the home's bedrooms and 1.5 baths. The primary bedroom is thoughtfully positioned at the rear of the home, offering added privacy.
Step outside to your very own backyard oasis! An expansive rear deck includes a semi-built-in BBQ and built-in bar area overlooking a spacious yard with a cozy fire pit area-ideal for relaxing or entertaining guests.
Location, Location! Just a short stroll from Smithtown's lively Main Street, where you can explore a variety of restaurants and local shopping. Enjoy the convenience of being within walking distance to the LIRR and mere minutes from major highways-ideal for effortless commuting. Take advantage of all that Smithtown has to offer, including beach rights to the Town of Smithtown beaches, as well as access to nearby parks, scenic nature preserves, and golf courses. And an added bonus-this home is located within the highly regarded Smithtown School District!
Low Taxes with Basic STAR $7,837.
Welcome Home!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017