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Smithtown 11787 Smithtown
2 Ramondo Lane
Photo of 2 Ramondo Lane
Sold on Jul 29, 2025

28

Map

Photo of 2 Ramondo Lane
Photo of 2 Ramondo Lane
$682,000
● House - Off Market

2 Ramondo Lane

Smithtown, NY 11787
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,470 Ft²
$4,232
Est. Monthly
7.74%
Cap Rate

About This Property

This well-maintained Hi-Ranch, with 4 Bedrooms 1.5 bathrooms, located in the desirable Smithtown school district, has been lovingly cared for over the years and presents a fantastic opportunity to create your dream home. The upper level features wood floors throughout, a spacious living room, dining room, and an updated, eat-in kitchen, which has sliding doors to a generous sized deck. In addition there are three bedrooms and a full bathroom. On the lower level, you'll find a cozy den with a wood burning fireplace -perfect for entertaining or a relaxing evening at home. This level also offers an additional bedroom and a half bathroom. Central air unit is less than 5 years old. The roof less than 10 years old. There is a full house generator that is 3 years old. 2-car garage. Beautiful corner property. This one will not last long!
Unit Size
1,470 Ft²
Days on Market
76 days
Land Size
0.30 acres
Price per sqft
$428
Property Type
House
Property Taxes
$1,143
HOA Dues
-
Year Built
1962

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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: 2 years ago (OneKey MLS #KEY861606)

Price History

Date / Event Date Event Price
Jul 29, 2025 Sold
Premium
Sold
Jun 7, 2025 In contract -
In contract
May 14, 2025 Listed by HomeSmart Premier Living Rlty $629,000
Listed by HomeSmart Premier Living Rlty

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 350
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,068
  • Total Building Area: 1,470
  • Building Area: 1,470
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,470
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000300
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 68.-5-1 *3253 LOT 101 MOREWOOD ESTATES SEC 3

Neighborhood

  • School District Name: Smithtown Central School District
  • School Tax School District: SMITHTOWN
  • Census Tract: 135104

Geography

  • Account Number: S70088
  • District: 0800-0
  • Section: 68.00
  • Parcel: 0800-068.00-05.00-001.000
  • Block: 5
  • Lot: 1.000
  • Municipality: SMITHTOWN
  • Latitude: 40.8545
  • Longitude: -73.2482

    Address

  • Full Address: 2 Ramondo Ln
  • Address - House Number: 2
  • Address - Street Name: Ramondo
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Smithtown
  • Carrier Code: C010
  • 4-Digit Zip Code: 2402
  • Zip Code: 11787

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,141,418
  • Tax Rate Code Area: 473401

    Appraisal Valuation

  • Standard Deviation: 0.2692
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 61
  • Final Value: 717,505
  • High Value: 910,666
  • Low Value: 524,343

    Market Valuation

  • Market Total Value: $5,913
  • Market Land Value: $402
  • Market Improvement Value: $5,511

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $5,145
  • Assessed Land Value: $350
  • Assessed Improvements Value: $4,795

    Exemptions

  • Disabled Exemption: Yes
  • Homeowner Exemption: Yes
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

2390 ft²

Average Home Age

62.8 years

Currently For Sale

47 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 6 Warbler Lane, Commack, NY, 11725

$5,500 /mo

  • 4 Beds
  • 2 Baths
  • 2,250 ft²
6 Warbler Lane, Commack, NY, 11725 Listing by Ardith M. Evans
Unit for rent at 5 Crabapple Lane, Commack, NY, 11725

$5,700 /mo

  • 4 Beds
  • 2 Baths
  • 1,600 ft²
5 Crabapple Lane, Commack, NY, 11725 Listing by Tehzibakhtar Saiyed
Unit for rent at 26 Valleywood Road, Commack, NY, 11725

$4,950 /mo

  • 4 Beds
  • 2 Baths
  • 1,728 ft²
26 Valleywood Road, Commack, NY, 11725 Listing by Steven J. Rainone CBR SRES

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 2 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 2 Ramondo Lane built and last sold?
The property at 2 Ramondo Lane was built in 1962 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 2 Ramondo Lane is $0.
What are some comparable homes to 2 Ramondo Lane?
There are currently no comparable homes to 2 Ramondo Lane.
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