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Smithtown 11787 Smithtown
28 Mcarthur Lane
$950,000
● House - Off Market

28 Mcarthur Lane

Smithtown, NY 11787
bedrooms
4 Beds
bathrooms
2 Baths
square feet
3,000 Ft²
$5,647
Est. Monthly
4.62%
Cap Rate

About This Property

Welcome to this entertainers dream. This stately home is situated on a .61 acre wooded lot and stately driveway and 2 year old sleek tin roof. Home features a large EIK w/ beautiful granite countertops, Island, stainless steel appliances and large windows  w/views of the stunning yard.  Open foyer, large family room with skylight, hardwood floors and fireplace.  Primary bedroom w/on suite bathroom w/oversized shower, large WIC & additional closets. Home has 3 addt'l bedrooms. Full Basement  2 car attached garage. The professionally landscaped grounds feature a gunite IGP with waterfall and slide, brick patio & shed and seamless leafguard gutters.  Please remove shoes or wear booties provided. Too much to list, don't wait it won't last., Additional information: Appearance:Diamond,Green Features:Insulated Doors
Unit Size
3,000 Ft²
Days on Market
167 days
Land Size
0.61 acres
Price per sqft
$298
Property Type
House
Property Taxes
$1,252
HOA Dues
-
Year Built
1964

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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 #KEYL3554861)

Price History

Date / Event Date Event Price
Nov 21, 2024 Sold
Premium
Sold
May 29, 2024 Listed by Douglas Elliman Real Estate $895,000
Listed by Douglas Elliman Real Estate
Oct 24, 2017 Sold
Premium
Sold
Sep 21, 2017 Sold
Premium
Sold
Jan 11, 2016 Listed by Daniel Gale Agency Inc $659,000
Listed by Daniel Gale Agency Inc
Wonderfully Roomy Colonial Nestled In The Desirable Smithtown Pines. 4 Large Bedrooms, Expansive Updated Kitchen With Breakfast Nook Adjoining Den/ Living Room With Fireplace. Huge Formal Dining Room. Beautiful Finished Pool Area With Pavers .Must See To Appreciate!
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 5
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 973
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 10

    Dimensions

  • Lot Size Square Feet: 26,572
  • Total Building Area: 2,373
  • Building Area: 2,373
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,373
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000610
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 124.-5-8 *1415 293 & 295-298 IN SM'TOWN PINES U3 L 294 &

Neighborhood

  • School District Name: Hauppauge Union Free School District
  • School Tax School District: HAUPPAUGE
  • Census Tract: 135500

Geography

  • District: 0800-1
  • Section: 124.00
  • Parcel: 0800-124.00-05.00-008.000
  • Block: 5
  • Lot: 8.000
  • Municipality: SMITHTOWN
  • Latitude: 40.8421
  • Longitude: -73.2464

    Address

  • Full Address: 28 Mcarthur Ln
  • Address - House Number: 28
  • Address - Street Name: Mcarthur
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Smithtown
  • Carrier Code: C004
  • 4-Digit Zip Code: 4050
  • Zip Code: 11787

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,443,896
  • Tax Rate Code Area: 472806

    Appraisal Valuation

  • Standard Deviation: 0.2674
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 61
  • Final Value: 864,825
  • High Value: 1,096,132
  • Low Value: 633,517

    Market Valuation

  • Market Total Value: $8,914
  • Market Land Value: $345
  • Market Improvement Value: $8,569

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $7,755
  • Assessed Land Value: $300
  • Assessed Improvements Value: $7,455

    Sales

  • Current Sale Contract Date: Sep 12, 2017
  • Current Sale Recording Date: Oct 24, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Oct 01, 1996
  • Previous Sale Contract Date: Sep 20, 1996
  • Previous Sale Amount: $249,000
  • 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 Smithtown

Stats & Trends

Median Asking:

$799,000

Sale Price/ft²

$410

Below Asking

0.01%

Average Days on Market

85

Average Home Size

2445 ft²

Average Home Age

63.2 years

Currently For Sale

46 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 18 Greenwich Road, Smithtown, NY, 11787

$4,900 /mo

  • 4 Beds
  • 1 Bath
  • 1,800 ft²
18 Greenwich Road, Smithtown, NY, 11787 Listing by Reuben Szczesny

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 McArthur Lane built and last sold?
The property at 28 McArthur Lane was built in 1964 and last sold on Sep 12, 2017 for $637,500.
How much is this home worth?
The estimated value of the home located at 28 McArthur Lane is $903,950.
What are some comparable homes to 28 McArthur Lane?
There are currently no comparable homes to 28 McArthur Lane.
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