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Nesconset 11767 Nesconset
24 Lancaster Avenue
$230,000
● House - Off Market

24 Lancaster Avenue

Smithtown, NY 11767
bedrooms
3 Beds
bathrooms
1 Bath
$447,511
RealtyHop Estimate
94.57%
Since Sep 1, 2013
National-US
Primary Model

About This Property

Back On The Market!!!  Move Right Into This Clean, Bright, Well Maintained House. Currently Set Up As 2 Bedroom But Could Be Easily Converted Back To 3. Vaulted Ceilings In Lr And Updated Bathroom. Plumbing In Place For 2nd Bathroom Or Washing Machine On Main Level.Wood Floors Throughout. Wood Burning Stove In Den. Large Yard And Oversized Garage.Taxes With Star $5748.26., Additional information: Appearance:Excellent,Interior Features:Lr/Dr,Separate Hotwater Heater:Y
Unit Size
-
Days on Market
-
Land Size
0.25 acres
Price per sqft
-
Property Type
House
Property Taxes
$568
HOA Dues
-
Year Built
1939

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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: 4 months ago (OneKey MLS #KEYL2543212)

Price History

Date / Event Date Event Price
Aug 26, 2013 Sold
Premium
Sold
Dec 6, 2012 Listed by Exit Realty Achieve $230,000
Listed by Exit Realty Achieve
Jun 2, 2006 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1939
  • Effective Year Built: 1939
  • Bedroom Count: 3
  • 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: 2
  • Basement Area: 0
  • Garage Type: 10
  • Garage Square Area: 538
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,890
  • Total Building Area: 955
  • Building Area: 955
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 955
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RONKONKOMA GROVE
  • Land Acres: 0000000250
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 166.-3-18 *823 LOTS 45-48 INC RONKONKOMA GROVE

Neighborhood

  • School District Name: Smithtown Central School District
  • School Tax School District: SMITHTOWN
  • Census Tract: 135402

Geography

  • District: 0800-1
  • Section: 166.00
  • Parcel: 0800-166.00-03.00-018.000
  • Block: 3
  • Lot: 18.000
  • Municipality: SMITHTOWN
  • Latitude: 40.8363
  • Longitude: -73.1502

    Address

  • Full Address: 24 Lancaster Ave
  • Address - House Number: 24
  • Address - Street Name: Lancaster
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Nesconset
  • Carrier Code: C002
  • 4-Digit Zip Code: 2415
  • Zip Code: 11767

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $835,188
  • Tax Rate Code Area: 473401

    Appraisal Valuation

  • Standard Deviation: 0.2722
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 61
  • Final Value: 568,094
  • High Value: 722,766
  • Low Value: 413,421

    Market Valuation

  • Market Total Value: $4,187
  • Market Land Value: $230
  • Market Improvement Value: $3,957

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,643
  • Assessed Land Value: $200
  • Assessed Improvements Value: $3,443

    Exemptions

  • Disabled Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 06, 2013
  • Current Sale Recording Date: Aug 26, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Previous Sale Recording Date: Jun 02, 2006
  • Previous Sale Contract Date: May 19, 2006
  • Previous Sale Amount: $345,000
  • 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 Nesconset

Stats & Trends

Median Asking:

$765,000

Sale Price/ft²

$403

Below Asking

0.01%

Average Days on Market

87

Average Home Size

1854 ft²

Average Home Age

48.1 years

Currently For Sale

23 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

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 4 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 24 Lancaster Avenue built and last sold?
The property at 24 Lancaster Avenue was built in 1939 and last sold on Aug 6, 2013 for $230,000.
How much is this home worth?
The estimated value of the home located at 24 Lancaster Avenue is $0.
What are some comparable homes to 24 Lancaster Avenue?
There are currently no comparable homes to 24 Lancaster Avenue.
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