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Smithtown 11787 Smithtown
23 Reeves Street
$417,000
● House - Off Market

23 Reeves Street

Smithtown, NY 11787
bedrooms
3 Beds
bathrooms
2 Baths
$650,587
RealtyHop Estimate
51.30%
Since Aug 1, 2018
National-US
Primary Model

About This Property

Lovely Well Maintained Ranch With Large Spacious Rooms.Hard Wood Floors  Large Eat In Kitchen . Family Room With Fireplace. Master Bedroom Has Its Own Bathroom 2 Car Garage Full Basement Newer Heating System Updated Driveway. Move In Condition With Endless Potential. Located On End Of Quiet Street., Additional information: Appearance:Mint,Separate Hotwater Heater:N
Unit Size
-
Days on Market
-
Land Size
0.14 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,038
HOA Dues
-
Year Built
1968

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: 6 months ago (OneKey MLS #KEYL3012150)

Price History

Date / Event Date Event Price
Aug 9, 2018 Sold
Premium
Sold
Jul 3, 2018 Sold
Premium
Sold
Mar 14, 2018 Listed by Signature Premier Properties $429,990
Listed by Signature Premier Properties

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 6
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 793
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,098
  • Total Building Area: 1,756
  • Building Area: 1,756
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,756
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000140
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 81.-1-3 *33 N 60' LOTS 1-5 I SAMOSETT PARK BLK 21

Neighborhood

  • School District Name: Smithtown Central School District
  • School Tax School District: SMITHTOWN
  • Census Tract: 134908

Geography

  • District: 0800-0
  • Section: 81.00
  • Parcel: 0800-081.00-01.00-003.000
  • Block: 1
  • Lot: 3.000
  • Municipality: SMITHTOWN
  • Latitude: 40.8669
  • Longitude: -73.1797

    Address

  • Full Address: 23 Reeves St
  • Address - House Number: 23
  • Address - Street Name: Reeves
  • Address - Suffix Type: St
  • State: NY
  • City Name: Smithtown
  • Carrier Code: C030
  • 4-Digit Zip Code: 1923
  • Zip Code: 11787

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,332,409
  • Tax Rate Code Area: 473401

    Appraisal Valuation

  • Standard Deviation: 0.2393
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 66
  • Final Value: 791,072
  • High Value: 980,400
  • Low Value: 601,744

    Market Valuation

  • Market Total Value: $6,012
  • Market Land Value: $345
  • Market Improvement Value: $5,667

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $5,230
  • Assessed Land Value: $300
  • Assessed Improvements Value: $4,930
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

86

Average Home Size

2495 ft²

Average Home Age

63.3 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

Unit for rent at 15 Park Avenue, Nesconset, NY, 11767

$3,750 /mo

  • 3 Beds
  • 1 Bath
  • 740 ft²
15 Park Avenue, Nesconset, NY, 11767 Listing by Josephine Meringolo
Unit for rent at 248 Northern Boulevard, Smithtown, NY, 11780

$4,200 /mo

  • 4 Beds
  • 2 Baths
  • 1,750 ft²
248 Northern Boulevard, Smithtown, NY, 11780 Listing by Oakar Reinstein

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 6 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 23 Reeves Street built and last sold?
The property at 23 Reeves Street was built in 1968 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 23 Reeves Street is $434,290.
What are some comparable homes to 23 Reeves Street?
There are currently no comparable homes to 23 Reeves Street.
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