12 Hill Lane
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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%.
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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.
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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 |
|---|---|---|---|
| Jan 25, 2023 | Sold | ||
| Sold | |||
| Nov 17, 2022 | Sold | ||
| Sold | |||
| Aug 19, 2022 | In contract | - | |
| In contract | |||
| Aug 3, 2022 | Listed by Coach Real Estate Assoc Inc | $579,000 | |
| Listed by Coach Real Estate Assoc Inc | |||
| | |||
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Great Value in the House Beautiful section of Smithtown. Move in & update as you go. This home screams Summer Fun! Enjoy the 20x40 IG pool, built-in fire pit, your very own tiki bar w outdoor frig & pond w waterfall too! Looking for a beach day? No problem, this home also comes w beach rights to Town of Smithtown beaches. The fun doesn't end there...Hike in one of the many nearby local parks & preserves or plan an afternoon of canoeing down the Nissequogue River. So centrally located, its also near pkwys, LIRR & schools. The entertainment cont's indoors w its main fl open concept living & freshly painted neutral pallet. HW floors under the carpeting. Lower level oversized FR is great for entertaining lg groups & has sliders leading to the outdoor rear patio. Add'l features incl, separate generator hook up, generator incl'd, all windows repl'd within the past 10 yrs, low maint. composite front stoop & updated vinyl sided front. Awarding winning Smithtown SD. Taxes w Basic STAR $13,072.
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| Jul 20, 2022 | Listed by Howard Hanna Coach | $579,000 | |
| Listed by Howard Hanna Coach | |||
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About Smithtown
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017