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Smithtown 11787 Smithtown
281 River Road
$765,000
● House - Off Market

281 River Road

Saint James, NY 11787
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
$794,604
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

Welcome home to this beautiful and spacious colonial, nestled away on top of a hill in beautiful Saint James! This home boasts 4 bedrooms, 2.5 baths, updated eat in kitchen with granite counter tops, stainless steel appliances, double wall oven, formal living room, formal dining room, spacious den with a custom bar, beautifully landscaped & private back yard. Don't miss this gem!!
Unit Size
-
Days on Market
-
Land Size
0.87 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,547
HOA Dues
-
Year Built
-

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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: 4 years ago (OneKey MLS #3424888)

Price History

Date / Event Date Event Price
Feb 7, 2023 Sold
Premium
Sold
Dec 1, 2022 Sold
Premium
Sold
Oct 3, 2022 In contract -
In contract
Aug 19, 2022 Listed by Keller Williams Realty Elite $749,000
Listed by Keller Williams Realty Elite
Aug 16, 2022 Temporarily off market -
Temporarily off market
Show More

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 37,897
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000870
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 80.-1-46 *4813 LOT 14 STRONG WOODS SEC 1

Neighborhood

  • School District Name: Smithtown Central School District
  • School Tax School District: SMITHTOWN
  • Census Tract: 134908

Geography

  • District: 0800-0
  • Section: 80.00
  • Parcel: 0800-080.00-01.00-046.000
  • Block: 1
  • Lot: 46.000
  • Municipality: SMITHTOWN
  • Latitude: 40.8688
  • Longitude: -73.1888

    Address

  • Full Address: 281 River Rd
  • Address - House Number: 281
  • Address - Street Name: River
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Saint James
  • Carrier Code: R002
  • 4-Digit Zip Code: 1394
  • Zip Code: 11780

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,693,777
  • Tax Rate Code Area: 473401

    Appraisal Valuation

  • Standard Deviation: 0.1442
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 82
  • Final Value: 722,218
  • High Value: 826,411
  • Low Value: 618,026

    Market Valuation

  • Market Total Value: $8,460
  • Market Land Value: $920
  • Market Improvement Value: $7,540

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $7,360
  • Assessed Land Value: $800
  • Assessed Improvements Value: $6,560

    Sales

  • Current Sale Contract Date: Nov 04, 2022
  • Current Sale Recording Date: Feb 07, 2023
  • Current Sale Price:
    Premium
  • Current 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

$411

Above Asking

0.00%

Average Days on Market

82

Average Home Size

2292 ft²

Average Home Age

54.3 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 24 Lindner Place, Smithtown, NY, 11787

$4,350 /mo

  • 3 Beds
  • 2 Baths
  • 1,800 ft²
24 Lindner Place, Smithtown, NY, 11787 Listing by Joseph Donofrio
Unit for rent at 445 North Country Road, Saint James, NY, 11780

$4,300 /mo

  • 4 Beds
  • 2 Baths
  • 3,000 ft²
445 North Country Road, Saint James, NY, 11780 Listing by Michelle T. Bender

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 4 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 281 River Road built and last sold?
The property at 281 River Road was built in and last sold on Nov 4, 2022 for $765,000.
How much is this home worth?
The estimated value of the home located at 281 River Road is $756,490.
What are some comparable homes to 281 River Road?
There are currently no comparable homes to 281 River Road.
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