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Commack 11787 Commack
15 Villa Lane
$645,000
● House - Off Market

15 Villa Lane

Smithtown, NY 11787
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
$702,025
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model

About This Property

Designer Cust Gran Eik , ss VIKING appliances / Hardwood floors throughout, beautiful new stone gas fireplace, Anderson Windows, CAC and AC, new gas burner,  IGP with new liner, steps and coping around IGP , new gas burner, fenced yard, herringbone style pavers, patio and surrounding pool, Greenbelt beyond yard/Prof Landscaped
Unit Size
-
Days on Market
75 days
Land Size
0.23 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,295
HOA Dues
-
Year Built
1964

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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 #ONE3298201)

Price History

Date / Event Date Event Price
Jun 21, 2021 Sold
Premium
Sold
Apr 10, 2021 In contract -
In contract
Apr 7, 2021 Listed by Douglas Elliman Real Estate $599,999
Listed by Douglas Elliman Real Estate
Apr 29, 2011 Sold
Premium
Sold
Nov 22, 1995 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 502
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 10

    Dimensions

  • Lot Size Square Feet: 10,019
  • Total Building Area: 1,852
  • Building Area: 1,852
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,852
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 96.-1-81 *3745 LOT 21 ROYAL VILLAS SEC 1

Neighborhood

  • School District Name: Smithtown Central School District
  • School Tax School District: SMITHTOWN
  • Census Tract: 135103

Geography

  • Account Number: S70220
  • District: 0800-0
  • Section: 96.00
  • Parcel: 0800-096.00-01.00-081.000
  • Block: 1
  • Lot: 81.000
  • Municipality: SMITHTOWN
  • Latitude: 40.8525
  • Longitude: -73.2494

    Address

  • Full Address: 15 Villa Ln
  • Address - House Number: 15
  • Address - Street Name: Villa
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Smithtown
  • Carrier Code: C021
  • 4-Digit Zip Code: 2330
  • Zip Code: 11787

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,413,346
  • Tax Rate Code Area: 473401

    Appraisal Valuation

  • Standard Deviation: 0.2636
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 62
  • Final Value: 757,836
  • High Value: 957,624
  • Low Value: 558,047

    Market Valuation

  • Market Total Value: $6,868
  • Market Land Value: $345
  • Market Improvement Value: $6,523

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $5,975
  • Assessed Land Value: $300
  • Assessed Improvements Value: $5,675

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 21, 2011
  • Current Sale Recording Date: Apr 29, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Previous Sale Recording Date: Nov 22, 1995
  • Previous Sale Contract Date: Nov 21, 1995
  • Previous Sale Amount: $206,000
  • Previous Sale Document Type: 27
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 Commack

Stats & Trends

Median Asking:

$822,489

Sale Price/ft²

$432

Below Asking

0.01%

Average Days on Market

84

Average Home Size

2048 ft²

Average Home Age

56.1 years

Currently For Sale

48 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 11 Penguin Lane, Commack, NY, 11725

$5,000 /mo

  • 4 Beds
  • 3 Baths
  • 2,500 ft²
11 Penguin Lane, Commack, NY, 11725 Listing by Matthew Hart

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 15 Villa Lane built and last sold?
The property at 15 Villa Lane was built in 1964 and last sold on Apr 21, 2011 for $504,000.
How much is this home worth?
The estimated value of the home located at 15 Villa Lane is $0.
What are some comparable homes to 15 Villa Lane?
There are currently no comparable homes to 15 Villa Lane.
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