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Smithtown 11787 Smithtown
24 Ramondo Lane
$414,900
● House - Off Market

24 Ramondo Lane

Smithtown, NY 11787
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
$814,309
RealtyHop Estimate
96.27%
Since Jul 1, 2013
National-US
Primary Model

About This Property

Beautiful Well Maintained 4 Bedroom Hi Ranch W/ Many Updates Inside And Out. Gleaming Hardwood Flrs And New Porcelain Tile Flr In Fam Room W/Frplc. Newer Appls Including Lg Washer,Dryer And Bosch Dishwasher. Cherry Kit Cabinets.Updated Baths. Exp Driveway,Newer Cesspools,High Quality Vinyl Siding And Paver Retaining Walls. Cac, Igs, 200Amp Electric.Oversized 2 Car Garage., Additional information: Appearance:Mint+,Separate Hotwater Heater:Y
Unit Size
-
Days on Market
-
Land Size
0.24 acres
Price per sqft
-
Property Type
House
Property Taxes
$928
HOA Dues
-
Year Built
1966

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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 #KEYL2564325)

Price History

Date / Event Date Event Price
Aug 8, 2016 Sold
Premium
Sold
Aug 13, 2013 Sold
Premium
Sold
Jun 26, 2013 Sold
Premium
Sold
Mar 11, 2013 Listed by Coldwell Banker Residential $414,900
Listed by Coldwell Banker Residential

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 5
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 500
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,454
  • Total Building Area: 1,766
  • Building Area: 1,766
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,766
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000240
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 68.-5-12 *3518 LOT 165 MOREWOOD ESTS SEC 4

Neighborhood

  • School District Name: Smithtown Central School District
  • School Tax School District: SMITHTOWN
  • Census Tract: 135104

Geography

  • Account Number: S70180
  • District: 0800-0
  • Section: 68.00
  • Parcel: 0800-068.00-05.00-012.000
  • Block: 5
  • Lot: 12.000
  • Municipality: SMITHTOWN
  • Latitude: 40.8552
  • Longitude: -73.2452

    Address

  • Full Address: 24 Ramondo Ln
  • Address - House Number: 24
  • Address - Street Name: Ramondo
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Smithtown
  • Carrier Code: C010
  • 4-Digit Zip Code: 2402
  • Zip Code: 11787

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,329,960
  • Tax Rate Code Area: 473401

    Appraisal Valuation

  • Standard Deviation: 0.2314
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 53
  • Final Value: 635,017
  • High Value: 782,001
  • Low Value: 488,032

    Market Valuation

  • Market Total Value: $6,000
  • Market Land Value: $345
  • Market Improvement Value: $5,655

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $5,220
  • Assessed Land Value: $300
  • Assessed Improvements Value: $4,920

    Sales

  • Current Sale Contract Date: Jun 23, 2016
  • Current Sale Recording Date: Aug 08, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Previous Sale Recording Date: Aug 13, 2013
  • Previous Sale Contract Date: Jun 26, 2013
  • Previous Sale Amount: $414,900
  • Previous Sale Document Type: 12
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

2465 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 26 Valleywood Road, Commack, NY, 11725

$4,950 /mo

  • 4 Beds
  • 2 Baths
  • 1,728 ft²
26 Valleywood Road, Commack, NY, 11725 Listing by Steven J. Rainone CBR SRES

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 24 Ramondo Lane built and last sold?
The property at 24 Ramondo Lane was built in 1966 and last sold on Jun 23, 2016 for $425,000.
How much is this home worth?
The estimated value of the home located at 24 Ramondo Lane is $419,049.
What are some comparable homes to 24 Ramondo Lane?
There are currently no comparable homes to 24 Ramondo Lane.
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