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St. James 11787 St. James
17 Penn Drive
$575,000
● House - Off Market

17 Penn Drive

Smithtown, NY 11787
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
$669,189
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

Beautifully maintained 4 BR ranch in the College section of Smithtown. This entertainers delight boasts 4 sizeable bedrooms, hardwood floors throughout, open concept living-kitchen area. Kitchen is EIK PLUS Formal Dining room or Den. Den offers sliders leading to a beautiful outdoor paradise. Gorgeous grounds host a semi-inground pool, meticulous landscaping and a huge entertaining space constructed with pavers. HOT TUB READY! Roof only 2 years young, electrical panel upgraded. Generator hookup, sophisticated security system, full unfinished basement... too many items to list!! Taxes $10,370. after STAR WILL GO QUICK!
Unit Size
-
Days on Market
89 days
Land Size
0.25 acres
Price per sqft
-
Property Type
House
Property Taxes
$949
HOA Dues
-
Year Built
1959

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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: 3 years ago (OneKey MLS #ONE3312348)

Price History

Date / Event Date Event Price
Sep 8, 2021 Sold
Premium
Sold
Jul 26, 2021 Sold
Premium
Sold
May 14, 2021 No longer available -
No longer available
May 13, 2021 In contract -
In contract
Apr 28, 2021 Listed by Signature Premier Properties $579,000
Listed by Signature Premier Properties
Show More

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Bedroom Count: 0
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 322
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,890
  • Total Building Area: 1,322
  • Building Area: 1,322
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,322
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000250
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 82.-5-59 *2463 LOT 47 EAST HILL ESTS SEC 3

Neighborhood

  • School District Name: Smithtown Central School District
  • School Tax School District: SMITHTOWN
  • Census Tract: 135002

Geography

  • District: 0800-0
  • Section: 82.00
  • Parcel: 0800-082.00-05.00-059.000
  • Block: 5
  • Lot: 59.000
  • Municipality: SMITHTOWN
  • Latitude: 40.8622
  • Longitude: -73.1712

    Address

  • Full Address: 17 Penn Dr
  • Address - House Number: 17
  • Address - Street Name: Penn
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Smithtown
  • Carrier Code: C006
  • 4-Digit Zip Code: 2014
  • Zip Code: 11787

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,167,293
  • Tax Rate Code Area: 473401

    Appraisal Valuation

  • Standard Deviation: 0.2271
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 68
  • Final Value: 671,880
  • High Value: 824,522
  • Low Value: 519,238

    Market Valuation

  • Market Total Value: $5,236
  • Market Land Value: $345
  • Market Improvement Value: $4,891

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,555
  • Assessed Land Value: $300
  • Assessed Improvements Value: $4,255

    Sales

  • Current Sale Contract Date: Jul 26, 2021
  • Current Sale Recording Date: Sep 08, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Nov 09, 2009
  • Previous Sale Contract Date: Oct 26, 2009
  • Previous Sale Amount: $407,000
  • 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:

$725,000

Sale Price/ft²

$446

Below Asking

0.01%

Average Days on Market

76

Average Home Size

2120 ft²

Average Home Age

47.4 years

Currently For Sale

27 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 25 Adrienne Lane, Hauppauge, NY, 11788

$5,300 /mo

  • 4 Beds
  • 2 Baths
  • 2,000 ft²
25 Adrienne Lane, Hauppauge, NY, 11788 Listing by Amanda Dubester

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 17 Penn Drive built and last sold?
The property at 17 Penn Drive was built in 1959 and last sold on Jul 26, 2021 for $575,000.
How much is this home worth?
The estimated value of the home located at 17 Penn Drive is $584,790.
What are some comparable homes to 17 Penn Drive?
There are currently no comparable homes to 17 Penn Drive.
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