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Smithtown 11787 Smithtown
21 Elm Avenue
Photo of 21 Elm Avenue
Sold on Feb 25, 2022

11

Map

Photo of 21 Elm Avenue
Photo of 21 Elm Avenue
$472,500
● House - Off Market

21 Elm Avenue

Smithtown, NY 11787
bedrooms
2 Beds
bathrooms
2 Baths
$555,971
RealtyHop Estimate
5.30%
Since Mar 1, 2022
National-US
Primary Model

About This Property

Seller Will Entertain All Offers Between $498,000  -  $528,000  . Charming Cape w/ 2 bedrooms & 2 bathrooms on Oversized Double Lot. Living room, Dining room, Den, Full Basement.  Updates Include Double Hung, Insulated Anderson Windows, 5/8" Sheetrock and Insulation on All Exterior Walls, Electric Panel with 200amp Service and Copper Wire Throughout House, Plumbing, and New Oil Tank, Gas Stove.  Needs A Little TLC to Make It Your Perfect Home. Lock Box- Easy Show, Additional information: Appearance:Mint
Unit Size
-
Days on Market
-
Land Size
0.69 acres
Price per sqft
-
Property Type
House
Property Taxes
$520
HOA Dues
-
Year Built
-

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: 20 days ago (OneKey MLS #KEYL3356743)

Price History

Date / Event Date Event Price
May 13, 2022 Sold
Premium
Sold
Feb 25, 2022 Sold
Premium
Sold
Nov 1, 2021 Listed by Lombardo Homes & Estates $528,000
Listed by Lombardo Homes & Estates

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: 25,700
  • 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: 0000000590
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 103.-2-36 J VALENTINE CRESTWOOD HERSEY ELM AVE

Neighborhood

  • School District Name: Smithtown Central School District
  • School Tax School District: SMITHTOWN
  • Census Tract: 134909

Geography

  • District: 0800-1
  • Section: 103.00
  • Parcel: 0800-103.00-02.00-036.000
  • Block: 2
  • Lot: 36.000
  • Municipality: SMITHTOWN
  • Latitude: 40.8488
  • Longitude: -73.1959

    Address

  • Full Address: 21 Elm Ave
  • Address - House Number: 21
  • Address - Street Name: Elm
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Smithtown
  • Carrier Code: C013
  • 4-Digit Zip Code: 3507
  • Zip Code: 11787

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $547,460
  • Tax Rate Code Area: 473401

    Appraisal Valuation

  • Standard Deviation: 0.246
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 65
  • Final Value: 600,339
  • High Value: 748,029
  • Low Value: 452,649

    Market Valuation

  • Market Total Value: $3,276
  • Market Land Value: $517
  • Market Improvement Value: $2,759

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,850
  • Assessed Land Value: $450
  • Assessed Improvements Value: $2,400

    Sales

  • Current Sale Contract Date: Feb 25, 2022
  • Current Sale Recording Date: May 13, 2022
  • Current Sale Price:
    Premium
  • Current 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

Below Asking

0.01%

Average Days on Market

83

Average Home Size

2453 ft²

Average Home Age

60.2 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 24 Lindner Place, Smithtown, NY, 11787

$4,350 /mo

  • 3 Beds
  • 2 Baths
  • 1,800 ft²
24 Lindner Place, Smithtown, NY, 11787 Listing by Joseph Donofrio
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
Unit for rent at 44 Route 25 A, Smithtown, NY, 11787

$3,205 /mo

  • 2 Beds
  • 2 Baths
  • 1,100 ft²
44 Route 25 A #505, Smithtown, NY, 11787 Listing by Mary Beth Donnelly CBR

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 20 days ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 21 Elm Avenue built and last sold?
The property at 21 Elm Avenue was built in and last sold on Feb 25, 2022 for $472,500.
How much is this home worth?
The estimated value of the home located at 21 Elm Avenue is $533,280.
What are some comparable homes to 21 Elm Avenue?
There are currently no comparable homes to 21 Elm Avenue.
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