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Smithtown 11787 Smithtown
315 Devon Lane
$505,000
● House - Off Market

315 Devon Lane

Smithtown, NY 11787
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
$718,318
RealtyHop Estimate
46.63%
Since Sep 1, 2019
National-US
Primary Model

About This Property

Location-Location-Location! Mint 3 Brm 1.5 Bath Extended Colonial set on .25 acre on a quiet street! Home features many updates and upgrades to include Vinyl Siding; New Roof;  Updated Windows; Oak Floors; Large Family Room w/wood burning FP & Walls of Glass; Large Eik w/Oak Cabinets; Updated Appl; Quartz countertop; Cozy Den or Dr w/Vaulted Ceilings; 3-Zone Gas Heat; CAC;IGS: Deck overlooking backyard gardens; Generator; all centrally located  to Smithtown Shopping & Route 347;  Smithtown SD .., Additional information: Appearance:Mint++,Separate Hotwater Heater:YES
Unit Size
-
Days on Market
-
Land Size
0.23 acres
Price per sqft
-
Property Type
House
Property Taxes
$965
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 #KEYL3128172)

Price History

Date / Event Date Event Price
Sep 30, 2019 Sold
Premium
Sold
Aug 26, 2019 Sold
Premium
Sold
Jun 12, 2019 In contract -
In contract
May 10, 2019 Listed by Coldwell Banker American Homes $489,900
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: 10,890
  • 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: 0000000250
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 129.-2-21 *3054 LOT 197 OAKWOOD FOREST SEC 7

Neighborhood

  • School District Name: Smithtown Central School District
  • School Tax School District: SMITHTOWN
  • Census Tract: 135303

Geography

  • District: 0800-1
  • Section: 129.00
  • Parcel: 0800-129.00-02.00-021.000
  • Block: 2
  • Lot: 21.000
  • Municipality: SMITHTOWN
  • Latitude: 40.8411
  • Longitude: -73.1986

    Address

  • Full Address: 315 Devon Ln
  • Address - House Number: 315
  • Address - Street Name: Devon
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Smithtown
  • Carrier Code: C014
  • 4-Digit Zip Code: 4506
  • Zip Code: 11787

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $613,001
  • Tax Rate Code Area: 473401

    Appraisal Valuation

  • Standard Deviation: 0.2271
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 68
  • Final Value: 710,727
  • High Value: 872,194
  • Low Value: 549,259

    Market Valuation

  • Market Total Value: $5,512
  • Market Land Value: $345
  • Market Improvement Value: $5,167

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,795
  • Assessed Land Value: $300
  • Assessed Improvements Value: $4,495

    Sales

  • Current Sale Contract Date: Aug 26, 2019
  • Current Sale Recording Date: Sep 30, 2019
  • 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

Below Asking

0.01%

Average Days on Market

85

Average Home Size

2465 ft²

Average Home Age

60.2 years

Currently For Sale

47 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 441 Lincoln Boulevard, Hauppauge, NY, 11788

$2,640 /mo

  • 1 Bed
  • 1 Bath
  • 720 ft²
441 Lincoln Boulevard #21D, Hauppauge, NY, 11788 Listing by Michelle Holmes
Unit for rent at 44 Route 25 A, Smithtown, NY, 11787

$2,870 /mo

  • 1 Bed
  • 1 Bath
  • 800 ft²
44 Route 25 A #304, Smithtown, NY, 11787 Listing by Mary Beth Donnelly CBR
Unit for rent at 44 Route 25a, Smithtown, NY, 11787

$3,295 /mo

  • 2 Beds
  • 2 Baths
  • 1,200 ft²
44 Route 25a #504, Smithtown, NY, 11787 Listing by Mary Beth Donnelly CBR

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 315 Devon Lane built and last sold?
The property at 315 Devon Lane was built in and last sold on Aug 26, 2019 for $505,000.
How much is this home worth?
The estimated value of the home located at 315 Devon Lane is $494,799.
What are some comparable homes to 315 Devon Lane?
There are currently no comparable homes to 315 Devon Lane.
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