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Smithtown 11787 Smithtown
2 High Gate Court
$960,000
● House - Off Market

2 High Gate Court

Smithtown, NY 11787
bedrooms
5 Beds
bathrooms
2 Baths, 1 Half Bath
$5,701
Est. Monthly
9.74%
Cap Rate

About This Property

Welcome to this Beautifully Updated, Meticulously Maintained 5 Bedroom 2.5 Bath Home in the Smithtown SD, Open Concept layout with a fully renovated Kitchen, Formal Dining Room, Spacious Living Room and Den with Fireplace, Main level Laundry, 5 spacious Bedrooms, Master has a spa-like ensuite Bathroom, Large Walk in Closet, CAC,2 Car Garage, Full Basement, All this on a Fully Fenced half acre of Property with Large Deck, In-ground Sprinklers...Do Not Miss this one!! Taxes with Star $15,669, Additional information: Appearance:Diamond
Unit Size
-
Days on Market
-
Land Size
0.50 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,384
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 #KEYL3585769)

Price History

Date / Event Date Event Price
Jan 24, 2025 Sold
Premium
Sold
Oct 17, 2024 Listed by Signature Premier Properties $879,000
Listed by Signature Premier Properties
Oct 7, 1993 Sold
Premium
Sold

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: 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
  • Land Acres: 0000000500
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 50.-5-21 *3944 LOT 3 LEGEND WOODS SEC 1

Neighborhood

  • School District Name: Smithtown Central School District
  • School Tax School District: SMITHTOWN
  • Census Tract: 134902

Geography

  • Account Number: S80228
  • District: 0800-0
  • Section: 50.00
  • Parcel: 0800-050.00-05.00-021.000
  • Block: 5
  • Lot: 21.000
  • Municipality: SMITHTOWN
  • Latitude: 40.8718
  • Longitude: -73.2142

    Address

  • Full Address: 2 High Gate Ct
  • Address - House Number: 2
  • Address - Street Name: High Gate
  • Address - Suffix Type: Ct
  • State: NY
  • City Name: Smithtown
  • Carrier Code: C035
  • 4-Digit Zip Code: 1554
  • Zip Code: 11787

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,527,094
  • Tax Rate Code Area: 473401

    Appraisal Valuation

  • Standard Deviation: 0.2393
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 66
  • Final Value: 828,982
  • High Value: 1,027,383
  • Low Value: 630,580

    Market Valuation

  • Market Total Value: $7,403
  • Market Land Value: $575
  • Market Improvement Value: $6,828

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $6,440
  • Assessed Land Value: $500
  • Assessed Improvements Value: $5,940

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 28, 1993
  • Current Sale Recording Date: Oct 07, 1993
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 51
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

2399 ft²

Average Home Age

57.8 years

Currently For Sale

46 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

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OneKey

Last Updated: 5 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 2 High Gate Court built and last sold?
The property at 2 High Gate Court was built in and last sold on Sep 28, 1993 for $220,000.
How much is this home worth?
The estimated value of the home located at 2 High Gate Court is $0.
What are some comparable homes to 2 High Gate Court?
There are currently no comparable homes to 2 High Gate Court.
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