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Smithtown 11787 Smithtown
147 S Grassy Pond Drive
$475,000
● House - Off Market

147 S Grassy Pond Drive

Smithtown, NY 11787
bedrooms
4 Beds
bathrooms
2 Baths
$612,562
RealtyHop Estimate
18.94%
Since Jun 1, 2021
National-US
Primary Model

About This Property

Diamond in the rough!! Potential! Potential !Potential! 2 story cottage with full finished basement with separate entrance set up as in-law suite with 4 big rooms and other amenities. Can be set as mother- daughter with proper permits which buyer should verify.  Very low taxes!!! Beautiful sprawling back yard with chestnut trees, plenty of room for pool and patio and possible horse farm which should be verified, if permitted. Very desirable area.
Unit Size
-
Days on Market
192 days
Land Size
0.70 acres
Price per sqft
-
Property Type
House
Property Taxes
$546
HOA Dues
-
Year Built
-

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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: 3 years ago (OneKey MLS #ONE3270340)

Price History

Date / Event Date Event Price
May 28, 2021 Sold
Premium
Sold
Feb 7, 2021 In contract -
In contract
Jan 14, 2021 Price Decreased $515,000
↓ $20K (3.7%)
Price Decreased
Dec 27, 2020 Price Increased $535,000
↑ $20K (3.9%)
Price Increased
Nov 17, 2020 Listed by Taihee Kim $515,000
Listed by Taihee Kim

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: 30,492
  • 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: 0000000700
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 152.-3-10 *1424 LOTS 299 & 300 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: 0800-152.00-03.00-010.000
  • Block: 3
  • Lot: 10.000
  • Municipality: SMITHTOWN
  • Latitude: 40.8295
  • Longitude: -73.2413

    Address

  • Full Address: 147 Grassy Pond Dr
  • Address - House Number: 147
  • Address - Street Name: Grassy Pond
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Smithtown
  • Carrier Code: C019
  • 4-Digit Zip Code: 4273
  • Zip Code: 11787

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $677,004
  • Tax Rate Code Area: 472806

    Appraisal Valuation

  • Standard Deviation: 0.2388
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 66
  • Final Value: 649,099
  • High Value: 804,156
  • Low Value: 494,042

    Market Valuation

  • Market Total Value: $3,758
  • Market Land Value: $264
  • Market Improvement Value: $3,494

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,270
  • Assessed Land Value: $230
  • Assessed Improvements Value: $3,040
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

84

Average Home Size

2406 ft²

Average Home Age

57.8 years

Currently For Sale

45 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 18 Greenwich Road, Smithtown, NY, 11787

$4,900 /mo

  • 4 Beds
  • 1 Bath
  • 1,800 ft²
18 Greenwich Road, Smithtown, NY, 11787 Listing by Reuben Szczesny

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 3 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 147 Grassy Pond Drive built and last sold?
The property at 147 Grassy Pond Drive was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 147 Grassy Pond Drive is $520,150.
What are some comparable homes to 147 Grassy Pond Drive?
There are currently no comparable homes to 147 Grassy Pond Drive.
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