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Lake Ronkonkoma 11767 Lake Ronkonkoma
38 Smith Street
$710,000
● House - Off Market

38 Smith Street

Smithtown, NY 11767
bedrooms
4 Beds
bathrooms
3 Baths
$4,186
Est. Monthly
6.43%
Cap Rate

About This Property

Welcome to this cozy four-bedroom, three-bath high ranch home, featuring a fully finished basement and a beautiful large backyard perfect for entertaining or gardening.  This home offers a comfortable living space with plenty of natural light, an open floor plan, and a basement with additional living space or storage.  Located in a quiet, friendly neighborhood, this property is close to schools, parks, and shopping. Don't miss the opportunity to make this lovely house your new home!, Additional information: Appearance:Excellent
Unit Size
-
Days on Market
177 days
Land Size
0.33 acres
Price per sqft
-
Property Type
House
Property Taxes
$748
HOA Dues
-
Year Built
1988

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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: 6 months ago (OneKey MLS #KEYL3574531)

Price History

Date / Event Date Event Price
Feb 18, 2025 Sold
Premium
Sold
Aug 25, 2024 Listed by DH Citadel Real Estate LLC $699,999
Listed by DH Citadel Real Estate LLC
Mar 19, 2019 Sold
Premium
Sold
Jan 4, 2019 Listed by Century 21 Castle R E Prop Inc $489,900
Listed by Century 21 Castle R E Prop Inc
Luxury, Custom, Like New Construction. Totally Renovated From Basement Up Including New Electric And Plumbing With Top Of The Line Hydronic Hot Air And Cac. All New Gourmet Kitchen With Lots Of Cabinets And Granite Tops Including Ss Appliances. First Floor Open Floor Plan With Cathedral Den. Deep Back Yard., Additional information: Appearance:Diamond
Nov 21, 2017 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Total Rooms: 7
  • 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: 19
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,375
  • Total Building Area: 1,494
  • Building Area: 1,494
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,494
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000330
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 142.-4-51.3 SCHMITZ SMITH ST MEANEY MANN

Neighborhood

  • School District Name: Sachem Central School District
  • School Tax School District: SACHEM
  • Census Tract: 135403

Geography

  • District: 0800-1
  • Section: 142.00
  • Parcel: 0800-142.00-04.00-051.003
  • Block: 4
  • Lot: 51.003
  • Municipality: SMITHTOWN
  • Latitude: 40.8466
  • Longitude: -73.1309

    Address

  • Full Address: 38 Smith St
  • Address - House Number: 38
  • Address - Street Name: Smith
  • Address - Suffix Type: St
  • State: NY
  • City Name: Nesconset
  • Carrier Code: C009
  • 4-Digit Zip Code: 3329
  • Zip Code: 11767

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $891,708
  • Tax Rate Code Area: 472205

    Appraisal Valuation

  • Standard Deviation: 0.2565
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 63
  • Final Value: 666,375
  • High Value: 837,353
  • Low Value: 495,397

    Market Valuation

  • Market Total Value: $4,322
  • Market Land Value: $316
  • Market Improvement Value: $4,006

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,760
  • Assessed Land Value: $275
  • Assessed Improvements Value: $3,485

    Sales

  • Current Sale Contract Date: Mar 19, 2019
  • Current Sale Recording Date: Apr 08, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Nov 21, 2017
  • Previous Sale Contract Date: Sep 26, 2017
  • Previous Sale Amount: $295,000
  • Previous 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

$392

Below Asking

0.01%

Average Days on Market

85

Average Home Size

1751 ft²

Average Home Age

44.6 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 76 Samuel Street, Ronkonkoma, NY, 11779

$4,400 /mo

  • 3 Beds
  • 1 Bath
  • 1,000 ft²
76 Samuel Street, Ronkonkoma, NY, 11779 Listing by Theodore Gounelas CBR
Unit for rent at 26 Quensel Court, Lake Grove, NY, 11755

$4,500 /mo

  • 4 Beds
  • 2 Baths
  • 1,548 ft²
26 Quensel Court, Lake Grove, NY, 11755 Listing by Lucy Schut

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 6 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 38 Smith Street built and last sold?
The property at 38 Smith Street was built in 1988 and last sold on Mar 19, 2019 for $490,000.
How much is this home worth?
The estimated value of the home located at 38 Smith Street is $706,999.
What are some comparable homes to 38 Smith Street?
There are currently no comparable homes to 38 Smith Street.
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