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Village of the Branch 11787 Village of the Branch
29 Hemlock Lane
$435,000
● House - Off Market

29 Hemlock Lane

Smithtown, NY 11787
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,485 Ft²
$699,472
RealtyHop Estimate
63.05%
Since May 1, 2017
National-US
Primary Model

About This Property

Located In The Highly Desired Village Of The Branch, You Get The Best Of Both Worlds With This Home. Private & Quiet Cul De Sac But Only Minutes From The Heart Of Smithtown. This Home Can Be Customized To Be Your Dream Home., Additional information: Separate Hotwater Heater:Y
Unit Size
1,485 Ft²
Days on Market
-
Land Size
0.51 acres
Price per sqft
$289
Property Type
House
Property Taxes
$903
HOA Dues
-
Year Built
1983

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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 #KEYL2912102)

Price History

Date / Event Date Event Price
Jan 29, 2021 Sold
Premium
Sold
Dec 10, 2020 In contract -
In contract
Dec 10, 2020 Temporarily off market -
Temporarily off market
Nov 30, 2020 In contract -
In contract
Nov 15, 2020 Listed by Exit Realty All Pro $550,000
Listed by Exit Realty All Pro
Located In The Highly Desired Village Of The Branch, You Get The Best Of Both Worlds With This Home. Private & Quiet Cul De Sac But Only Minutes From The Heart Of Smithtown. This home was almost completely redone Kitchens bathrooms floors windows pavers ETC....
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 5
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,216
  • Total Building Area: 1,351
  • Building Area: 1,351
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,351
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000510
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 5.-1-5.17 FLEETWOOD ESTS *6790 LOT 15

Neighborhood

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

Geography

  • District: 0803-0
  • Section: 5.00
  • Parcel: 0803-005.00-01.00-005.017
  • Block: 1
  • Lot: 5.017
  • Municipality: SMITHTOWN
  • Latitude: 40.8511
  • Longitude: -73.1777

    Address

  • Full Address: 29 Hemlock Ln
  • Address - House Number: 29
  • Address - Street Name: Hemlock
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Smithtown
  • Carrier Code: C017
  • 4-Digit Zip Code: 3727
  • Zip Code: 11787

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,209,464
  • Tax Rate Code Area: 473401

    Appraisal Valuation

  • Standard Deviation: 0.2314
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 53
  • Final Value: 525,108
  • High Value: 646,652
  • Low Value: 403,563

    Market Valuation

  • Market Total Value: $5,518
  • Market Land Value: $575
  • Market Improvement Value: $4,943

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,800
  • Assessed Land Value: $500
  • Assessed Improvements Value: $4,300

    Sales

  • Current Sale Contract Date: Apr 20, 2017
  • Current Sale Recording Date: May 12, 2017
  • 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

67

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 29 Hemlock Lane built and last sold?
The property at 29 Hemlock Lane was built in 1983 and last sold on Apr 20, 2017 for $435,000.
How much is this home worth?
The estimated value of the home located at 29 Hemlock Lane is $555,500.
What are some comparable homes to 29 Hemlock Lane?
There are currently no comparable homes to 29 Hemlock Lane.
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