25 Teapot Lane
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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%.
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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 |
|---|---|---|---|
| Sep 11, 2024 | Sold | ||
| Sold | |||
| Jun 12, 2024 | In contract | - | |
| In contract | |||
| May 22, 2024 | Listed by Daniel Gale Sothebys Intl Rlty | $850,000 | |
| Listed by Daniel Gale Sothebys Intl Rlty | |||
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Do Not Miss 25 Teapot Lane in a Desirable Wooded Community in Smithtown. Fabulous Opportunity to Put Your Own Touches on this 11-Room Farm Ranch on One Acre. This Home has 4 Oversized Bedrooms and 3-1/2 Baths. First Floor Offers Primary Bedroom and Private Bath, Second Bedroom, Hall Bath and Powder Room. Second Floor has Two Additional Bedrooms, Full Bath and Walk-In Attic with Cedar Closet. Entertain in the Oversize Living Room with Wood-Burning Fireplace and Enjoy the Formal Dining Room for Special Occasions. Eat-In Kitchen with a Wall of Windows Offers Views of Tranquil Backyard. Bonus Space Consisting of a Three-Room Office Suite with Private Entrance Makes this Ideal for a Professional Office or Work-At-Home Or Can Be Used as Den. Private One-Acre Setting Offers Plenty of Room for Play or Expansion. Full Unfinished Basement with Laundry and Updated Boiler Provides Plenty of Room for Storage. Enjoy the Large, Sunny Bluestone Patio and Extend the Outdoors Season in the Enclosed Sunporch. Wood Floors Throughout. Attached Two-Car Garage. Updates Include Boiler, 200A Electric Service, and Many Windows. Convenient to Train Station, Main Street, Stony Brook University, Town Beaches, Hospitals, Golf, Equestrian Centers and Restaurants. DO NOT HESITATE AS THIS WILL GO FAST.
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About Smithtown
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017