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Lake Ronkonkoma 11767 Lake Ronkonkoma
3 Jefferson Street
$590,000
● House - Off Market

3 Jefferson Street

Smithtown, NY 11767
bedrooms
2 Beds
bathrooms
2 Baths
$586,320
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

Introducing a delightful brick ranch home with incredible potential in Smithtown School District. This beautifully maintained home boasts a spacious layout to easily add a third bedroom on the main floor while offering versatility with a full finished basement with a wet bar and outside entrance. The home features hardwood floors, wood burning fireplace, a spacious kitchen with plenty of cabinet and countertop space, 1 car garage, 2 full bathrooms and central air conditioning. Possible accessory apartment with proper permits. Over 1/2 Acre NB (Neighborhood Business) zoned lot makes this property an investors delight with endless possibilities. Don't miss out on this versatile gem! Schedule a showing today and explore the possibilities this property holds., Additional information: Interior Features:Lr/Dr,Separate Hotwater Heater:Yes
Unit Size
-
Days on Market
-
Land Size
0.57 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,083
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: 5 months ago (OneKey MLS #KEYL3491713)

Price History

Date / Event Date Event Price
Nov 8, 2023 Sold
Premium
Sold
Sep 21, 2023 Sold
Premium
Sold
Aug 10, 2023 In contract -
In contract
Jul 17, 2023 Listed by Coldwell Banker American Homes $590,000
Listed by Coldwell Banker American Homes

Property Highlights

Garage
Air Conditioning
Fireplace

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: 24,829
  • 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: 0000000570
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 168.-3-41 SMITHTOWN BLVD NELSON ETA PANARILLA JEFFERSON

Neighborhood

  • School District Name: Smithtown Central School District
  • School Tax School District: SMITHTOWN
  • Census Tract: 135403

Geography

  • District: 0800-1
  • Section: 168.00
  • Parcel: 0800-168.00-03.00-041.000
  • Block: 3
  • Lot: 41.000
  • Municipality: SMITHTOWN
  • Latitude: 40.8321
  • Longitude: -73.1423

    Address

  • Full Address: 3 Jefferson St
  • Address - House Number: 3
  • Address - Street Name: Jefferson
  • Address - Suffix Type: St
  • State: NY
  • City Name: Nesconset
  • Carrier Code: C011
  • 4-Digit Zip Code: 2911
  • Zip Code: 11767

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $241,684
  • Tax Rate Code Area: 473401

    Appraisal Valuation

  • Standard Deviation: 0.1464
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 82
  • Final Value: 578,706
  • High Value: 663,457
  • Low Value: 493,955

    Market Valuation

  • Market Total Value: $5,834
  • Market Land Value: $575
  • Market Improvement Value: $5,259

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $5,075
  • Assessed Land Value: $500
  • Assessed Improvements Value: $4,575

    Sales

  • Current Sale Contract Date: Sep 21, 2023
  • Current Sale Recording Date: Nov 08, 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 Lake Ronkonkoma

Stats & Trends

Median Asking:

$650,000

Sale Price/ft²

$393

Below Asking

0.01%

Average Days on Market

81

Average Home Size

1720 ft²

Average Home Age

45.6 years

Currently For Sale

36 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 6 Williams Boulevard, Lake Grove, NY, 11755

$2,610 /mo

  • 1 Bed
  • 1 Bath
  • 690 ft²
6 Williams Boulevard #061M, Lake Grove, NY, 11755 Listing by Michelle Holmes
Unit for rent at 5 Williams Boulevard, Lake Grove, NY, 11755

$2,610 /mo

  • 1 Bed
  • 1 Bath
  • 690 ft²
5 Williams Boulevard #51H, Lake Grove, NY, 11755 Listing by Michelle Holmes
Unit for rent at 24 Williams Boulevard, Lake Grove, NY, 11755

$2,655 /mo

  • 1 Bed
  • 1 Bath
  • 745 ft²
24 Williams Boulevard #242F, Lake Grove, NY, 11755 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 3 Jefferson Street built and last sold?
The property at 3 Jefferson Street was built in and last sold on Sep 21, 2023 for $590,000.
How much is this home worth?
The estimated value of the home located at 3 Jefferson Street is $595,900.
What are some comparable homes to 3 Jefferson Street?
There are currently no comparable homes to 3 Jefferson Street.
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