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St. James 11780 St. James
41 Elderwood Drive
$1,015,000
● House - Off Market

41 Elderwood Drive

Saint James, NY 11780
bedrooms
6 Beds
bathrooms
4 Baths, 2 Half Baths
$1,077,304
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

Located in highly desired Mills Pond Estates, this 6BR stately colonial is loaded with updates. Custom cabinetry, high-end appliances, a wet bar, radiant flooring and a view overlooking the spectacular country club yard, make this kitchen ideal for those who love to host. The bright open floor plan, with year round sunroom extension, blends beauty and function perfectly. Tasteful, fully renovated baths (w radiant heat flooring), hardwood floors, and updated roof are just a few of the highlights. Relax near the cabana overlooking the IG heated, saltwater pool with waterfalls. Travertine pavers, outdoor fireplaces, professional landscaping and a gorgeous shy acre property make this home truly one of a kind. Must see!!
Unit Size
-
Days on Market
93 days
Land Size
0.92 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,821
HOA Dues
-
Year Built
1989

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 3 years ago (OneKey MLS #ONE3317155)

Price History

Date / Event Date Event Price
Oct 28, 2021 Sold
Premium
Sold
Sep 2, 2021 Sold
Premium
Sold
Jun 14, 2021 In contract -
In contract
Jun 1, 2021 Listed by Signature Premier Properties $949,000
Listed by Signature Premier Properties
Sep 3, 1993 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 375
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 10

    Dimensions

  • Lot Size Square Feet: 40,075
  • Total Building Area: 3,200
  • Building Area: 3,200
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 10
  • Heated Square Feet: 3,200
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000920
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 39.-6-44 MILLS POND EST *8535 SEC 4 LOT 169

Neighborhood

  • School District Name: Smithtown Central School District
  • School Tax School District: SMITHTOWN
  • Census Tract: 135005

Geography

  • Account Number: J52255
  • District: 0800-0
  • Section: 39.00
  • Parcel: 0800-039.00-06.00-044.000
  • Block: 6
  • Lot: 44.000
  • Municipality: SMITHTOWN
  • Latitude: 40.8912
  • Longitude: -73.1389

    Address

  • Full Address: 41 Elderwood Dr
  • Address - House Number: 41
  • Address - Street Name: Elderwood
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Saint James
  • Carrier Code: C014
  • 4-Digit Zip Code: 3438
  • Zip Code: 11780

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,223,028
  • Tax Rate Code Area: 473401

    Appraisal Valuation

  • Standard Deviation: 0.2677
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 61
  • Final Value: 1,075,397
  • High Value: 1,363,351
  • Low Value: 787,443

    Market Valuation

  • Market Total Value: $10,000
  • Market Land Value: $1,063
  • Market Improvement Value: $8,937

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $8,700
  • Assessed Land Value: $925
  • Assessed Improvements Value: $7,775

    Sales

  • Current Sale Contract Date: Aug 26, 2021
  • Current Sale Recording Date: Oct 28, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Sep 03, 1993
  • Previous Sale Contract Date: Aug 26, 1993
  • Previous Sale Amount: $300,000
  • Previous Sale Document Type: 51
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 St. James

Stats & Trends

Median Asking:

$739,000

Sale Price/ft²

$446

Below Asking

0.01%

Average Days on Market

79

Average Home Size

2195 ft²

Average Home Age

48.3 years

Currently For Sale

26 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

Rentals Near You

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OneKey

Last Updated: 3 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 41 Elderwood Drive built and last sold?
The property at 41 Elderwood Drive was built in 1989 and last sold on Aug 26, 2021 for $1,015,000.
How much is this home worth?
The estimated value of the home located at 41 Elderwood Drive is $0.
What are some comparable homes to 41 Elderwood Drive?
There are currently no comparable homes to 41 Elderwood Drive.
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