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Lake Ronkonkoma 11767 Lake Ronkonkoma
23 Hill Avenue
$420,000
● House - Off Market

23 Hill Avenue

Smithtown, NY 11767
bedrooms
3 Beds
bathrooms
1 Bath
$452,481
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

, Additional information: Appearance:Excellent,Separate Hotwater Heater:N
Unit Size
-
Days on Market
-
Land Size
0.25 acres
Price per sqft
-
Property Type
House
Property Taxes
$514
HOA Dues
-
Year Built
1950

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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 #KEYL3465099)

Price History

Date / Event Date Event Price
Jul 3, 2023 Sold
Premium
Sold
May 10, 2023 Sold
Premium
Sold
Apr 12, 2023 In contract -
In contract
Apr 11, 2023 Relisted $449,000
Relisted
Mar 27, 2023 In contract -
In contract
Show More

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 5
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 10
  • Garage Square Area: 558
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,890
  • Total Building Area: 776
  • Building Area: 776
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 776
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAP OF SPECTACLE LAKE PARK
  • Land Acres: 0000000250
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 171.-1-31 *1493 LOT 149 & 150 SPECTACLE LAKE PARK

Neighborhood

  • School District Name: Sachem Central School District
  • School Tax School District: SACHEM
  • Census Tract: 135403

Geography

  • District: 0800-1
  • Section: 171.00
  • Parcel: 0800-171.00-01.00-031.000
  • Block: 1
  • Lot: 31.000
  • Municipality: SMITHTOWN
  • Latitude: 40.8329
  • Longitude: -73.1327

    Address

  • Full Address: 23 Hill Ave
  • Address - House Number: 23
  • Address - Street Name: Hill
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Nesconset
  • Carrier Code: C010
  • 4-Digit Zip Code: 3020
  • Zip Code: 11767

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $528,053
  • Tax Rate Code Area: 472205

    Appraisal Valuation

  • Standard Deviation: 0.1442
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 82
  • Final Value: 441,306
  • High Value: 504,972
  • Low Value: 377,640

    Market Valuation

  • Market Total Value: $2,902
  • Market Land Value: $379
  • Market Improvement Value: $2,523

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,525
  • Assessed Land Value: $330
  • Assessed Improvements Value: $2,195

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 10, 2023
  • Current Sale Recording Date: Jul 03, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 33
  • Previous Sale Recording Date: Dec 01, 1998
  • Previous Sale Contract Date: Nov 17, 1998
  • Previous Sale Amount: $146,000
  • 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 Lake Ronkonkoma

Stats & Trends

Median Asking:

$650,000

Sale Price/ft²

$393

Below Asking

0.01%

Average Days on Market

81

Average Home Size

1829 ft²

Average Home Age

42.9 years

Currently For Sale

38 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 Williams Boulevard, Lake Grove, NY, 11755

$2,610 /mo

  • 1 Bed
  • 1 Bath
  • 690 ft²
6 Williams Boulevard #061M, Lake Grove, NY, 11755 Listing by Michelle Holmes
Unit for rent at 5 Williams Boulevard, Lake Grove, NY, 11755

$2,610 /mo

  • 1 Bed
  • 1 Bath
  • 690 ft²
5 Williams Boulevard #51H, Lake Grove, NY, 11755 Listing by Michelle Holmes
Unit for rent at 25 Williams Boulevard, Lake Grove, NY, 11755

$2,655 /mo

  • 1 Bed
  • 1 Bath
  • 745 ft²
25 Williams Boulevard #252F, 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 23 Hill Avenue built and last sold?
The property at 23 Hill Avenue was built in 1950 and last sold on May 10, 2023 for $420,000.
How much is this home worth?
The estimated value of the home located at 23 Hill Avenue is $453,490.
What are some comparable homes to 23 Hill Avenue?
There are currently no comparable homes to 23 Hill Avenue.
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