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Smithtown 11787 Smithtown
20 Lower Road
$575,000
● House - Off Market

20 Lower Road

Smithtown, NY 11787
bedrooms
4 Beds
bathrooms
3 Baths
$704,106
RealtyHop Estimate
21.61%
Since May 1, 2021
National-US
Primary Model

About This Property

Beautiful Updated Ranch On Dead End Block, Open Floor Plan, Crown Molding, Hardwood Floors, And High Hats Throughout, Finished Basement, Close To Town and Beaches!
Unit Size
-
Days on Market
102 days
Land Size
0.68 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,038
HOA Dues
-
Year Built
1963

Payment Calculator

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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 #ONE3281156)

Price History

Date / Event Date Event Price
Jun 29, 2021 Sold
Premium
Sold
Apr 27, 2021 Sold
Premium
Sold
Feb 15, 2021 In contract -
In contract
Jan 15, 2021 Listed by BERKSHIRE HATHAWAY $579,000
Listed by BERKSHIRE HATHAWAY
Aug 11, 2020 Sold
Premium
Sold
Show More

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 17
  • 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: 250
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,780
  • Total Building Area: 1,519
  • Building Area: 1,519
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,519
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000500
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 74.-1-20 *2976 LOT 172 RIVIERA RIDGE SEC 3

Neighborhood

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

Geography

  • Account Number: S80169
  • District: 0800-0
  • Section: 74.00
  • Parcel: 0800-074.00-01.00-020.000
  • Block: 1
  • Lot: 20.000
  • Municipality: SMITHTOWN
  • Latitude: 40.8686
  • Longitude: -73.2185

    Address

  • Full Address: 20 Lower Rd
  • Address - House Number: 20
  • Address - Street Name: Lower
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Smithtown
  • Carrier Code: C023
  • 4-Digit Zip Code: 1524
  • Zip Code: 11787

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,277,371
  • Tax Rate Code Area: 473401

    Appraisal Valuation

  • Standard Deviation: 0.2751
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 60
  • Final Value: 693,906
  • High Value: 884,835
  • Low Value: 502,977

    Market Valuation

  • Market Total Value: $5,753
  • Market Land Value: $489
  • Market Improvement Value: $5,264

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $5,005
  • Assessed Land Value: $425
  • Assessed Improvements Value: $4,580

    Sales

  • Current Sale Contract Date: Apr 27, 2021
  • Current Sale Recording Date: Jun 29, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Aug 11, 2020
  • Previous Sale Contract Date: Jul 31, 2020
  • Previous Sale Amount: $480,000
  • 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 Smithtown

Stats & Trends

Median Asking:

$799,000

Sale Price/ft²

$411

Above Asking

0.00%

Average Days on Market

83

Average Home Size

2288 ft²

Average Home Age

54.2 years

Currently For Sale

45 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 18 Greenwich Road, Smithtown, NY, 11787

$4,800 /mo

  • 4 Beds
  • 1 Bath
  • 1,800 ft²
18 Greenwich Road, Smithtown, NY, 11787 Listing by Reuben Szczesny

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 20 Lower Road built and last sold?
The property at 20 Lower Road was built in 1963 and last sold on Apr 27, 2021 for $575,000.
How much is this home worth?
The estimated value of the home located at 20 Lower Road is $0.
What are some comparable homes to 20 Lower Road?
There are currently no comparable homes to 20 Lower Road.
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