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Kings Park 11754 Kings Park
40 Echo Lane
$519,000
● House - Off Market

40 Echo Lane

Smithtown, NY 11754
bedrooms
4 Beds
bathrooms
2 Baths
$790,226
RealtyHop Estimate
52.26%
Since Jun 1, 2018
National-US
Primary Model

About This Property

Beautiful Cape Newly Remodeled 2018, New Central Air, New Kitchen With Granite Counters And Stainless Steel Appliances, New Bathrooms(2), New Vinyl Siding, New Garage Door, Newer Driveway And Brick Apron,  Updated Windows And Roof, Newer Front Steps, Full Basement, New Carpet, Hardwood Floor, New Washer / Dryer, New Slider To Back Yard, 1 Car Garage., Additional information: Appearance:Mint,Separate Hotwater Heater:Yes
Unit Size
-
Days on Market
-
Land Size
0.25 acres
Price per sqft
-
Property Type
House
Property Taxes
$794
HOA Dues
-
Year Built
1958

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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 #KEYL3010143)

Price History

Date / Event Date Event Price
May 15, 2018 Sold
Premium
Sold
Mar 7, 2018 Listed by Century 21 Mcknight REALTORS $519,000
Listed by Century 21 Mcknight REALTORS
Dec 28, 2017 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 150
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 220
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 10

    Dimensions

  • Lot Size Square Feet: 10,890
  • Total Building Area: 1,701
  • Building Area: 1,701
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,701
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000250
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 26.-1-37 *3048 LOT 86 SUNSET RIDGE SEC 3

Neighborhood

  • School District Name: Kings Park Central School District
  • School Tax School District: KINGS PARK
  • Census Tract: 134702

Geography

  • District: 0800-0
  • Section: 26.00
  • Parcel: 0800-026.00-01.00-037.000
  • Block: 1
  • Lot: 37.000
  • Municipality: SMITHTOWN
  • Latitude: 40.8779
  • Longitude: -73.259

    Address

  • Full Address: 40 Echo Ln
  • Address - House Number: 40
  • Address - Street Name: Echo
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Kings Park
  • Carrier Code: C009
  • 4-Digit Zip Code: 3603
  • Zip Code: 11754

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,066,830
  • Tax Rate Code Area: 473405

    Appraisal Valuation

  • Standard Deviation: 0.2574
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 63
  • Final Value: 675,161
  • High Value: 848,966
  • Low Value: 501,355

    Market Valuation

  • Market Total Value: $5,017
  • Market Land Value: $345
  • Market Improvement Value: $4,672

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,365
  • Assessed Land Value: $300
  • Assessed Improvements Value: $4,065

    Sales

  • Current Sale Contract Date: Nov 29, 2017
  • Current Sale Recording Date: Dec 28, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 0017-0229951
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 Kings Park

Stats & Trends

Median Asking:

$749,000

Sale Price/ft²

$417

Below Asking

0.01%

Average Days on Market

78

Average Home Size

1603 ft²

Average Home Age

59.6 years

Currently For Sale

20 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 125 W Main Street, Kings Park, NY, 11754

$5,000 /mo

  • 4 Beds
  • 3 Baths
  • 5,000 ft²
125 W Main Street, Kings Park, NY, 11754 Listing by Brenda K. Aparicio 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 40 Echo Lane built and last sold?
The property at 40 Echo Lane was built in 1958 and last sold on Nov 29, 2017 for $325,000.
How much is this home worth?
The estimated value of the home located at 40 Echo Lane is $0.
What are some comparable homes to 40 Echo Lane?
There are currently no comparable homes to 40 Echo Lane.
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