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Lake Ronkonkoma 11779 Lake Ronkonkoma
188 Smith Road
$640,000
● House - Off Market

188 Smith Road

Islip, NY 11779
bedrooms
6 Beds
bathrooms
5 Baths
square feet
4,687 Ft²
$620,346
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

This 4,687 Square Ft Home Has So Much To Offer.  14 Rooms  5 Baths, Ground Level Legal Accessory Apartment , Finished Basement, 1/2 Acre Property , Fenced 20 X 40 In Ground Pool With Waterfall .  Walk Up Oversized Attic .  Close To All. A Rare Find For Sure! All Co's In Place., Additional information: Appearance:Excellent,Separate Hotwater Heater:N
Unit Size
4,687 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$128
Property Type
House
Property Taxes
$1,037
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 #KEYL3393770)

Price History

Date / Event Date Event Price
Dec 8, 2022 Sold
Premium
Sold
Aug 12, 2022 Sold
Premium
Sold
May 5, 2022 In contract -
In contract
Apr 24, 2022 Listed by Signature Premier Properties $599,999
Listed by Signature Premier Properties

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: 21,780
  • 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
  • Subdivision: RONKONKOMA
  • Land Acres: 0000000500
  • Standard Land Use Code: 1022
  • County Land Use Code: 215
  • Legal Description 1: N SMITH RD S#5-29 E BRKHVN TOWN S BRKHVN TOWN W DONOHUE J.

Neighborhood

  • School District Name: Sachem Central School District
  • School Tax School District: SACHEM
  • Census Tract: 158502

Geography

  • Assessors Map Reference: MAP 8000000
  • Account Number: 00008010590
  • District: 0200-5
  • Section: 596.00
  • Parcel: 0200-596.00-01.00-021.000
  • Block: 1
  • Lot: 21.000
  • Municipality: BROOKHAVEN
  • Latitude: 40.8387
  • Longitude: -73.1058

    Address

  • Full Address: 188 Smith Rd
  • Address - House Number: 188
  • Address - Street Name: Smith
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Ronkonkoma
  • Carrier Code: C009
  • 4-Digit Zip Code: 2212
  • Zip Code: 11779

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 472205

    Appraisal Valuation

  • Standard Deviation: 0.1442
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 82
  • Final Value: 589,289
  • High Value: 674,305
  • Low Value: 504,274

    Market Valuation

  • Market Total Value: $6,713
  • Market Land Value: $370
  • Market Improvement Value: $6,343

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,625
  • Assessed Land Value: $200
  • Assessed Improvements Value: $3,425

    Sales

  • Current Sale Contract Date: Aug 11, 2022
  • Current Sale Recording Date: Dec 08, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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 Lake Ronkonkoma

Stats & Trends

Median Asking:

$650,000

Sale Price/ft²

$393

Below Asking

0.01%

Average Days on Market

84

Average Home Size

1798 ft²

Average Home Age

41.5 years

Currently For Sale

36 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 26 Williams Boulevard, Lake Grove, NY, 11755

$2,655 /mo

  • 1 Bed
  • 1 Bath
  • 745 ft²
26 Williams Boulevard #262C, Lake Grove, NY, 11755 Listing by Michelle Holmes
Unit for rent at 28 Williams Boulevard, Lake Grove, NY, 11755

$2,610 /mo

  • 1 Bed
  • 1 Bath
  • 690 ft²
28 Williams Boulevard #281E, Lake Grove, NY, 11755 Listing by Michelle Holmes

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 188 Smith Road built and last sold?
The property at 188 Smith Road was built in and last sold on Aug 11, 2022 for $640,000.
How much is this home worth?
The estimated value of the home located at 188 Smith Road is $610,539.
What are some comparable homes to 188 Smith Road?
There are currently no comparable homes to 188 Smith Road.
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