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Village of the Branch 11787 Village of the Branch
28 Branch Drive
$580,000
● House - Off Market

28 Branch Drive

Smithtown, NY 11787
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
$971,159
RealtyHop Estimate
68.90%
Since Sep 1, 2016
National-US
Primary Model

About This Property

Nature Lovers Dream! This Beautiful Home Sits On Shy 2 Acre Property W/ Creek Running Thru It, In The Heart Of Village Of The Branch! 4Br/2.5 Bth Colonial W/ Flr, Fdr, Den W/Fp & Sliders To Back, Updated Eik W/ Breakfast Nook & Sliders To Deck, Hw Floors, Office /Laundry Rm, 2 Car Gar, Roof 3Yrs, Cac 3Yrs, 200 Amp, Fin Bsmt, Smithtown Schools,Taxes Being Grieved Aprox$1300, Additional information: Appearance:Mint +,Separate Hotwater Heater:N
Unit Size
-
Days on Market
-
Land Size
1.93 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,522
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 #KEYL2846576)

Price History

Date / Event Date Event Price
Aug 31, 2016 Sold
Premium
Sold
Apr 22, 2016 Listed by Howard Hanna Coach $574,999
Listed by Howard Hanna Coach

Property Highlights

Air Conditioning
Garage
With View
Fireplace

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 525
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 10

    Dimensions

  • Lot Size Square Feet: 84,071
  • Total Building Area: 2,288
  • Building Area: 2,288
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 10
  • Heated Square Feet: 2,288
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAP OF HILLSIDE BRANCH
  • Land Acres: 0000001930
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 9.-3-4 *4102 LOT 59 HILLSIDE BRANCH SEC 2

Neighborhood

  • School District Name: Smithtown Central School District
  • School Tax School District: SMITHTOWN
  • Census Tract: 134909

Geography

  • District: 0803-0
  • Section: 9.00
  • Parcel: 0803-009.00-03.00-004.000
  • Block: 3
  • Lot: 4.000
  • Municipality: SMITHTOWN
  • Latitude: 40.8471
  • Longitude: -73.1804

    Address

  • Full Address: 28 Branch Dr
  • Address - House Number: 28
  • Address - Street Name: Branch
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Smithtown
  • Carrier Code: C012
  • 4-Digit Zip Code: 3702
  • Zip Code: 11787

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,993,644
  • Tax Rate Code Area: 473401

    Appraisal Valuation

  • Standard Deviation: 0.2368
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 66
  • Final Value: 863,174
  • High Value: 1,067,640
  • Low Value: 658,708

    Market Valuation

  • Market Total Value: $9,258
  • Market Land Value: $1,724
  • Market Improvement Value: $7,534

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $8,055
  • Assessed Land Value: $1,500
  • Assessed Improvements Value: $6,555

    Sales

  • Current Sale Contract Date: Aug 11, 2016
  • Current Sale Recording Date: Aug 31, 2016
  • Current Sale Price:
    Premium
  • Current 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 Village of the Branch

Stats & Trends

Median Asking:

$999,999

Sale Price/ft²

$409

Below Asking

0.02%

Average Days on Market

65

Average Home Size

2042 ft²

Average Home Age

52.3 years

Currently For Sale

0 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 37 Elliot Place, Smithtown, NY, 11787

$2,530 /mo

  • 1 Bed
  • 1 Bath
  • 585 ft²
37 Elliot Place #375B, Smithtown, NY, 11787 Listing by Michelle Holmes
Unit for rent at 24 Lindner Place, Smithtown, NY, 11787

$4,400 /mo

  • 3 Beds
  • 2 Baths
  • 1,800 ft²
24 Lindner Place, Smithtown, NY, 11787 Listing by Joseph Donofrio
Unit for rent at 116 Smithtown Boulevard, Nesconset, NY, 11767

$2,730 /mo

  • 1 Bed
  • 1 Bath
  • 800 ft²
116 Smithtown Boulevard #14A, Nesconset, NY, 11767 Listing by Michelle Holmes

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 28 Branch Drive built and last sold?
The property at 28 Branch Drive was built in 1966 and last sold on Aug 11, 2016 for $580,000.
How much is this home worth?
The estimated value of the home located at 28 Branch Drive is $580,749.
What are some comparable homes to 28 Branch Drive?
There are currently no comparable homes to 28 Branch Drive.
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