243 Smithtown Road
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 7, 2025 | Sold | ||
| Sold | |||
| Aug 9, 2025 | In contract | - | |
| In contract | |||
| Jul 27, 2025 | Listed by Greenan Properties RE Agency | $815,000 | |
| Listed by Greenan Properties RE Agency | |||
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Nestled at the top of a tree-lined driveway, this stunning three level contemporary chalet is a true private oasis, blending architectural elegance with natural serenity. Flooded with natural light, the home features soaring cathedral ceilings, expansive windows, and an open layout that seamlessly connects indoor and outdoor living.
The primary suite offers the ultimate in comfort and privacy, featuring a private balcony perfect for morning coffee or evening relaxation. The spa-inspired ensuite bathroom includes a jacuzzi tub and steam shower. Enjoy the convenience of his and her closets providing ample storage space.
Step outside to enjoy idyllic views from the wrap-around porch, surrounded by lush landscaping and mature trees. The beautifully designed saltwater in ground pool is complemented by a stylish poolside cabana, perfect for entertaining or unwinding on warm summer days.
A detached two-car garage offers second-story potential—ideal for an artist studio or exercise room. Whether you’re seeking a full-time residence or a weekend retreat, this property embodies Hudson Valley living at its finest. Schedule your viewing before it's gone!
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| Jul 25, 2023 | In contract | - | |
| In contract | |||
| Apr 12, 2023 | Listed by RE/MAX Town & Country | $775,000 | |
| Listed by RE/MAX Town & Country | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017