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St. James 11780 St. James
15 Monterrey Drive
$1,200,000
● House - Off Market

15 Monterrey Drive

Smithtown, NY 11780
bedrooms
5 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
5,200 Ft²
$1,442,676
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model

About This Property

Hamlet Estates at St. James:  Luxury 24/7 Manned Gated Community W/Club House, Dining, Conference, Gym, Pool, Putting Green, Tennis, Paddle Boats. Too Many Extras To List. See Highlight Sheet With The Attached. Grand Entry, Bridal Staircase, Soaring ceilings, Open Concept Gorgeous Center Isle Kitchen  5 BRS, 5.5 Baths, 2 Fireplaces, Master Bedroom Suite W/Balcony. Finished Basement W/High End Home Theatre, Sonos Sound system throughout, Inground Pool, Outdoor Kit & Fireplace. 3 Car Garage, Lush Landscaping. No maintenance! HOA Fees 765 a Month, Additional information: Appearance:Diamond,Interior Features:Guest Quarters,Separate Hotwater Heater:Yes
Unit Size
5,200 Ft²
Days on Market
-
Land Size
0.53 acres
Price per sqft
$269
Property Type
House
Property Taxes
$2,850
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: 5 months ago (OneKey MLS #KEYL3413289)

Price History

Date / Event Date Event Price
Apr 4, 2023 Sold
Premium
Sold
Mar 2, 2023 Sold
Premium
Sold
Jan 11, 2023 In contract -
In contract
Nov 4, 2022 Price Decreased $1,400,000
↓ $95K (6.4%)
Price Decreased
Oct 26, 2022 Price Decreased $1,495,000
↓ $80K (5.1%)
Price Decreased
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

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: 23,087
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAP OF HAMLET ESTATES
  • Land Acres: 0000000530
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 87.-7-116 FILE # 11296 FILED 8/12 M/O HAMLET ESTATES @ ST J

Neighborhood

  • School District Name: Smithtown Central School District
  • School Tax School District: SMITHTOWN
  • Census Tract: 135003

Geography

  • District: 0800-0
  • Section: 87.00
  • Parcel: 0800-087.00-07.00-116.000
  • Block: 7
  • Lot: 116.000
  • Municipality: SMITHTOWN
  • Latitude: 40.872
  • Longitude: -73.1394

    Address

  • Full Address: 15 Monterrey Dr
  • Address - House Number: 15
  • Address - Street Name: Monterrey
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Saint James
  • Carrier Code: C014
  • 4-Digit Zip Code: 3162
  • Zip Code: 11780

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,214,559
  • Tax Rate Code Area: 473401

    Appraisal Valuation

  • Standard Deviation: 0.1442
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 82
  • Final Value: 1,319,670
  • High Value: 1,510,056
  • Low Value: 1,129,285

    Market Valuation

  • Market Total Value: $15,632
  • Market Land Value: $609
  • Market Improvement Value: $15,023

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $13,600
  • Assessed Land Value: $530
  • Assessed Improvements Value: $13,070

    Exemptions

  • Veteran Exemption: Yes
  • Disabled Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 03, 2023
  • Current Sale Recording Date: Apr 04, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Feb 27, 2015
  • Previous Sale Contract Date: Jan 16, 2015
  • Previous Sale Amount: $1,125,000
  • Previous Sale Document Type: 12
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 St. James

Stats & Trends

Median Asking:

$739,000

Sale Price/ft²

$446

Below Asking

0.01%

Average Days on Market

79

Average Home Size

2180 ft²

Average Home Age

46.3 years

Currently For Sale

26 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 5 Williams Boulevard, Lake Grove, NY, 11755

$2,635 /mo

  • 1 Bed
  • 1 Bath
  • 700 ft²
5 Williams Boulevard #52J, Lake Grove, NY, 11755 Listing by Michelle Holmes
Unit for rent at 24 Williams Boulevard, Lake Grove, NY, 11755

$2,610 /mo

  • 1 Bed
  • 1 Bath
  • 690 ft²
24 Williams Boulevard #242H, Lake Grove, NY, 11755 Listing by Michelle Holmes
Unit for rent at 24 Arlington Avenue, Smithtown, NY, 11780

$5,600 /mo

  • 4 Beds
  • 2 Baths
  • 2,889 ft²
24 Arlington Avenue, Smithtown, NY, 11780 Listing by Xiaomeng C. Zhang PSA

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 5 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 15 Monterrey Drive built and last sold?
The property at 15 Monterrey Drive was built in and last sold on Feb 3, 2023 for $1,200,000.
How much is this home worth?
The estimated value of the home located at 15 Monterrey Drive is $1,396,343.
What are some comparable homes to 15 Monterrey Drive?
There are currently no comparable homes to 15 Monterrey Drive.
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