$199,000
●
Co-op -
Off Market
355 Route 111 #30
Smithtown, NY 11787
1 Bed
1 Bath
$2,100
Est. Monthly
$1,118
HOA / Fees
7.75%
Cap Rate
About This Property
Great Opportunity to OWN! Smithtown School District. Updated 1
Bedroom, Upper "CORNER" Unit , Hardwood Floors, Granite
Countertops, Stainless Steel Appliances. Freshly Painted. 2 Brand
New Wall AC Units. Star Savings Available. Laundry on Site. Great
Opportunity to OWN. Maintenance Charges INCLUDE Ground Care, Water,
Heat, Gas, Sewer, Trash, Snow Removal and Taxes.
Unit Size
-
Days on Market
291 days
Land Size
-
Price per sqft
-
Property Type
Co-op
Property Taxes
-
HOA Dues
$1,118
Year Built
-
Payment Calculator
Home Price
Down Payment
%
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Principal + Interest:
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HOA:
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Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income
Per Year
Expenses
Per Year
Operating Profit
Per Year
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.
You can learn more about cap rate here .
Last updated: 25 days ago (OneKey MLS #ONE3517406)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 10, 2024 | Sold | $199,000 | |
| Sold | |||
| Jul 13, 2024 | In contract | - | |
| In contract | |||
| Jun 26, 2024 | Price Decreased |
$199,999
↓ $10K
(4.8%)
|
|
| Price Decreased | |||
| Jun 14, 2024 | Relisted | $209,999 | |
| Relisted | |||
| Apr 18, 2024 | In contract | - | |
| In contract | |||
Show More
Property Highlights
Garage
Parking Available
Air Conditioning
Parking Details
Open Parking
Total Number of Parking: 1
Parking Features: Assigned, Parking Lot, Other
Interior Details
Full Bathrooms: 1
Interior Features: Efficiency Kitchen, Entrance Foyer, Granite Counters, Living Room/Dining Room Combo
Appliances: Dishwasher, Oven, Refrigerator
Flooring Type: Hardwood
Rooms: 4
Basement: See Remarks
Exterior Details
Square Footage : 900
Architectual Style: Garden Apartment
Property Type: Residential
Property Sub Type: Stock Cooperative
Property Condition: Mint
Road Responsibility: Public Maintained Road
Year Built: 1964
Levels: One
Building Area Units: Square Feet
Construction Methods: Frame, Brick
Exterior Features: Sprinkler System
Lot Features: Near Public Transit
Water Source: Public
Water Source: None
Utilities Details
Cooling: Yes
Cooling: Wall Unit(s)
Heating: Natural Gas, Baseboard, Hot Water
Sewer : Public Sewer
Location Details
Directions: Rte 347 to Rte 111 [North of 347] Travel North to #355 Go to Building #3
County or Parish: Suffolk
Other Details
Association Fee Includes: Maintenance Grounds, Exterior Maintenance, Sewer, Snow Removal, Trash, Gas, Heat, Hot Water
Association Fee2: $1,118
Association Fee2 Freq: Monthly
On Market Date: 2023-11-24
355 Route 111 #30, Smithtown, NY, 11787
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
03/20/2024
|
2 Bed
|
1 Bath
|
-
|
$265,000
2 Bed
1 Bath
|
$265,000
06/10/2024
|
-
|
Melojane Valisno
Exp Realty
|
|
|
09/11/2023
|
2 Bed
|
1 Bath
|
-
|
$259,999
2 Bed
1 Bath
|
$300,000
+15.39%
12/08/2023
|
-
|
Justin Soriano
Signature Premier Properties
|
|
|
08/07/2023
|
1 Bed
|
1 Bath
|
-
|
$234,999
1 Bed
1 Bath
|
$250,000
+6.38%
11/03/2023
|
-
|
Justin Soriano
Signature Premier Properties
|
|
|
06/10/2023
|
2 Bed
|
1 Bath
|
-
|
$249,000
2 Bed
1 Bath
|
$300,000
+20.48%
07/02/2024
|
-
|
Ben Greenspan
BERKSHIRE HATHAWAY
|
|
|
11/18/2022
|
1 Bed
|
1 Bath
|
-
|
$199,990
1 Bed
1 Bath
|
$200,000
+0.01%
02/15/2023
|
-
|
Michelle Bender
Elliman
|
|
|
08/17/2022
|
2 Bed
|
1 Bath
|
-
|
$235,000
2 Bed
1 Bath
|
-
-
|
-
|
Nicole Chimento
Coldwell Banker American Homes
|
|
|
03/01/2022
|
2 Bed
|
1 Bath
|
-
|
$229,000
2 Bed
1 Bath
|
-
-
|
-
|
Debra Attardi
Signature Premier Properties
|
|
|
01/07/2022
|
1 Bed
|
1 Bath
|
1000 ft²
|
$199,999
1 Bed
1 Bath
1000 ft²
|
-
-
|
-
|
Rosemarie Strippoli
Coldwell Banker American Homes
|
|
|
07/22/2021
|
2 Bed
|
1 Bath
|
-
|
$219,000
2 Bed
1 Bath
|
$219,000
10/28/2021
|
-
|
Rob Scarito
Elliman
|
|
|
10/15/2021
|
2 Bed
|
1 Bath
|
-
|
$195,000
2 Bed
1 Bath
|
-
-
|
-
|
Viviane Higgins
Coldwell Banker American Homes
|
|
|
09/16/2021
|
2 Bed
|
1 Bath
|
1000 ft²
|
$219,000
2 Bed
1 Bath
1000 ft²
|
-
-
|
-
|
Paul Suesser
Unique Home Sales of L I Inc
|
|
|
04/29/2021
|
1 Bed
|
1 Bath
|
-
|
$159,990
1 Bed
1 Bath
|
$165,000
+3.13%
11/05/2021
|
-
|
James DePierro
EXIT Realty Premier
|
|
|
02/16/2021
|
1 Bed
|
1 Bath
|
-
|
$168,000
1 Bed
1 Bath
|
-
-
|
-
|
Debra A Chiappetta
Stonington Realty LLC
|
|
|
02/10/2021
|
1 Bed
|
1 Bath
|
-
|
$158,898
1 Bed
1 Bath
|
-
-
|
-
|
Richard D Lenard
Signature Premier Properties
|
|
|
12/15/2020
|
2 Bed
|
1 Bath
|
-
|
$192,500
2 Bed
1 Bath
|
-
-
|
-
|
Zachary Scher
Signature Premier Properties
|
|
|
11/08/2020
|
1 Bed
|
1 Bath
|
-
|
$155,000
1 Bed
1 Bath
|
-
-
|
-
|
Anthony Guidice
RE/MAX Real Estate
|
|
|
09/18/2020
|
2 Bed
|
1 Bath
|
-
|
$180,000
2 Bed
1 Bath
|
-
-
|
-
|
Debra A Chiappetta
Stonington Realty LLC
|
|
|
05/01/2020
|
1 Bed
|
1 Bath
|
-
|
$119,900
1 Bed
1 Bath
|
-
-
|
-
|
Rob Scarito
Elliman
|
|
|
10/16/2019
|
1 Bed
|
1 Bath
|
-
|
$130,000
1 Bed
1 Bath
|
-
-
|
-
|
Rachel Stackow
Douglas Elliman Real Estate
|
|
|
10/05/2019
|
1 Bed
|
1 Bath
|
-
|
$129,000
1 Bed
1 Bath
|
-
-
|
-
|
Alejandro Negron
Alexander Madison Realty Inc
|
|
|
03/31/2019
|
1 Bed
|
1 Bath
|
-
|
$120,000
1 Bed
1 Bath
|
-
-
|
-
|
Joy Tuxson
RE/MAX Beyond
|
|
|
02/16/2019
|
|
2 Bed
|
3 Bath
|
897 ft²
|
-
2 Bed
3 Bath
897 ft²
|
-
-
|
-
|
-
|
|
10/26/2018
|
1 Bed
|
1 Bath
|
-
|
$125,000
1 Bed
1 Bath
|
-
-
|
-
|
Debra A Palma
Douglas Elliman Real Estate
|
|
|
08/23/2018
|
2 Bed
|
1 Bath
|
1000 ft²
|
$129,900
2 Bed
1 Bath
1000 ft²
|
-
-
|
-
|
-
|
|
|
06/05/2018
|
1 Bed
|
1 Bath
|
-
|
$135,000
1 Bed
1 Bath
|
$135,000
09/28/2018
|
-
|
Lynda M Pennachio
Daniel Gale Sothebys Intl Rlty
|
|
|
07/30/2017
|
|
2 Bed
|
1 Bath
|
-
|
-
2 Bed
1 Bath
|
-
-
|
-
|
-
|
Building Info
About Smithtown
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Last Updated: 25 days ago
Data Source: OneKey MLS
Data Source: OneKey MLS
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc. CalDRE: 00494703
