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Lake Ronkonkoma 11779 Lake Ronkonkoma
29 Peter Road
$420,000
● House - Off Market

29 Peter Road

Lake Ronkonkoma, NY 11779
bedrooms
3 Beds
bathrooms
2 Baths
$496,147
RealtyHop Estimate
24.35%
Since Apr 1, 2021
National-US
Primary Model

About This Property

Beautiful Ranch located in Ronkonkoma.  Central and close to all.  This bright and open ranch features cathedral ceilings and hardwood floors.  The first floor offers a master bedroom with Jack and Jill bathroom and two additional bedrooms, formal dining room, with in kitchen, laundry room and large sunken family room.  This home has a full finished basement with an outside entrance and a full bath. Low taxes!!
Unit Size
-
Days on Market
-
Land Size
0.19 acres
Price per sqft
-
Property Type
House
Property Taxes
$647
HOA Dues
-
Year Built
1960

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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: 3 years ago (OneKey MLS #ONE3280384)

Price History

Date / Event Date Event Price
Mar 2, 2021 Sold
Premium
Sold
Jan 26, 2021 In contract -
In contract
Jan 13, 2021 Listed by Cornerstone Properties of LI $399,000
Listed by Cornerstone Properties of LI
Jul 12, 2005 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,276
  • Total Building Area: 1,464
  • Building Area: 1,464
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 1,464
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKE RONKONKOMA SHORES
  • Land Acres: 0000000190
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: LAKE RONK SHORES 2561 SEC 2 330

Neighborhood

  • School District Name: Sachem Central School District
  • School Tax School District: SACHEM
  • Census Tract: 158609

Geography

  • Assessors Map Reference: MAP 6302561
  • Account Number: 00006328750
  • District: 0200-7
  • Section: 725.00
  • Parcel: 0200-725.00-08.00-014.000
  • Block: 8
  • Lot: 14.000
  • Municipality: BROOKHAVEN
  • Latitude: 40.8189
  • Longitude: -73.0991

    Address

  • Full Address: 29 Peter Rd
  • Address - House Number: 29
  • Address - Street Name: Peter
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Ronkonkoma
  • Carrier Code: C001
  • 4-Digit Zip Code: 4316
  • Zip Code: 11779

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 472205

    Appraisal Valuation

  • Standard Deviation: 0.274
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 60
  • Final Value: 522,344
  • High Value: 665,474
  • Low Value: 379,213

    Market Valuation

  • Market Total Value: $4,259
  • Market Land Value: $546
  • Market Improvement Value: $3,713

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,300
  • Assessed Land Value: $295
  • Assessed Improvements Value: $2,005

    Sales

  • Current Sale Contract Date: Jun 24, 2005
  • Current Sale Recording Date: Jul 12, 2005
  • 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 Lake Ronkonkoma

Stats & Trends

Median Asking:

$649,999

Sale Price/ft²

$393

Below Asking

0.01%

Average Days on Market

78

Average Home Size

1736 ft²

Average Home Age

47.9 years

Currently For Sale

35 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 26 Bokel Avenue, Ronkonkoma, NY, 11779

$4,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,767 ft²
26 Bokel Avenue, Ronkonkoma, NY, 11779 Listing by Jennifer Calamia CBR

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 3 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 29 Peter Road built and last sold?
The property at 29 Peter Road was built in 1960 and last sold on Jun 24, 2005 for $360,000.
How much is this home worth?
The estimated value of the home located at 29 Peter Road is $402,990.
What are some comparable homes to 29 Peter Road?
There are currently no comparable homes to 29 Peter Road.
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