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Smithtown 11787 Smithtown
118 Ledgewood Drive
Photo of 118 Ledgewood Drive
Sold on Oct 15, 2026

43

Map

Photo of 118 Ledgewood Drive
Photo of 118 Ledgewood Drive
$860,000
● House - Off Market

118 Ledgewood Drive

Smithtown, NY 11787
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,292 Ft²
$5,197
Est. Monthly

About This Property

Spacious 4/5 Bedroom Hi Ranch on Beautiful .52 Acres Flat Usable Yard. Lovely Landscape Framed with Trees and Greenery, Your Own Parklike Oasis with Heated In Ground Pool (New Heater and Liner). Hardwood Floors, Custom Moldings/Trim, Updated EIK/Granite and SS Appliances, Many Updated Windows, Recessed Lighting, Updated Single Layer Roofing, Newer Cesspool, New Bluestone Entry and Railing, Newer Heating System, In Ground Sprinklers, Outside Lighting, Circular Drive, Property Tax with Basic Star $11,726.08
Unit Size
2,292 Ft²
Days on Market
126 days
Land Size
0.52 acres
Price per sqft
$371
Property Type
House
Property Taxes
$1,023
HOA Dues
-
Year Built
1966

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Last updated: 20 days ago (OneKey MLS #KEY1006953)

Price History

Date / Event Date Event Price
Oct 15, 2026 Sold
Premium
Sold
Aug 10, 2026 In contract -
In contract
Jun 22, 2026 Price Decreased $849,900
↓ $79K (8.5%)
Price Decreased
Jun 1, 2026 Listed by Douglas Elliman Real Estate $929,000
Listed by Douglas Elliman Real Estate
Feb 16, 1999 Sold
Premium
Sold
Show More

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 500
  • Garage Type: 1
  • Garage Square Area: 834
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,651
  • Total Building Area: 1,646
  • Building Area: 1,646
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,646
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000520
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 152.-1-35 *1424 LOTS 133 & 134 SMITHTOWN PINES UNIT 5

Neighborhood

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

Geography

  • District: 0800-1
  • Section: 152.00
  • Parcel: 0800-152.00-01.00-035.000
  • Block: 1
  • Lot: 35.000
  • Municipality: SMITHTOWN
  • Latitude: 40.8326
  • Longitude: -73.2453

    Address

  • Full Address: 118 Ledgewood Dr
  • Address - House Number: 118
  • Address - Street Name: Ledgewood
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Smithtown
  • Carrier Code: C019
  • 4-Digit Zip Code: 4221
  • Zip Code: 11787

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,056,648
  • Tax Rate Code Area: 472806

    Appraisal Valuation

  • Standard Deviation: 0.2643
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 62
  • Final Value: 772,895
  • High Value: 977,233
  • Low Value: 568,558

    Market Valuation

  • Market Total Value: $6,466
  • Market Land Value: $276
  • Market Improvement Value: $6,190

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $5,625
  • Assessed Land Value: $240
  • Assessed Improvements Value: $5,385

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 01, 1999
  • Current Sale Recording Date: Feb 16, 1999
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Previous Sale Recording Date: Mar 07, 1995
  • Previous Sale Contract Date: Feb 24, 1995
  • Previous Sale Amount: $175,000
  • Previous Sale Document Type: 40
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

$411

Below Asking

0.01%

Average Days on Market

86

Average Home Size

2475 ft²

Average Home Age

62.4 years

Currently For Sale

47 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 21 Wesleyan Road, Commack, NY, 11725

$8,000 /mo

  • 4 Beds
  • 1 Bath
  • 2,400 ft²
21 Wesleyan Road, Commack, NY, 11725 Listing by Imran Azeem
Unit for rent at 560 New Highway, Hauppauge, NY, 11788

$2,675 /mo

  • 1 Bed
  • 1 Bath
  • 705 ft²
560 New Highway #62A, Hauppauge, NY, 11788 Listing by Michelle Holmes
Unit for rent at 550 New Highway, Hauppauge, NY, 11788

$2,665 /mo

  • 1 Bed
  • 1 Bath
  • 705 ft²
550 New Highway #11D, Hauppauge, NY, 11788 Listing by Michelle Holmes

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 20 days ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 118 Ledgewood Drive built and last sold?
The property at 118 Ledgewood Drive was built in 1966 and last sold on Feb 1, 1999 for $260,000.
How much is this home worth?
The estimated value of the home located at 118 Ledgewood Drive is $940,703.
What are some comparable homes to 118 Ledgewood Drive?
There are currently no comparable homes to 118 Ledgewood Drive.
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