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Hauppauge 11788 Hauppauge
41 Lori Way
$587,500
● House - Off Market

41 Lori Way

Smithtown, NY 11788
bedrooms
4 Beds
bathrooms
3 Baths
$909,093
RealtyHop Estimate
51.77%
Since Dec 1, 2018
National-US
Primary Model

About This Property

Price Reduced!  Colonial On 1/2 Acre In Cul-De-Sac. 20X40 In-Ground Pool, Hot Tub, Oversized Koi Pond W/Waterfalls, Beautiful Rose Garden & Specimen Plantings, Paver Patio. New Ss Kitchen Appliances, Granite Counters, Bosch W/D, Pantry, Kohler Faucets,New Bathroom,Master Bedroom Suite, Jacuzzi Tub, Hardwood Floors,Ceramic,Crown Moldings,Wainscoting,Large Atrium Windows,French Doors,2 Fireplaces,Wood Burning Stove,Cedar Closets,Ceiling Fans,4 Skylights,Anderson Windows,Workshop,Security W/Cameras, Additional information: Appearance:Mint+,Separate Hotwater Heater:Yes
Unit Size
-
Days on Market
-
Land Size
0.54 acres
Price per sqft
-
Property Type
House
Property Taxes
$861
HOA Dues
-
Year Built
1966

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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 #KEYL3043564)

Price History

Date / Event Date Event Price
Nov 26, 2018 Sold
Premium
Sold
May 8, 2018 Listed by Howard Hanna Coach $599,000
Listed by Howard Hanna Coach
Apr 4, 2003 Sold
Premium
Sold

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • 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: 1
  • Garage Square Area: 399
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,522
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,761
  • Building Area: 1,937
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,937
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000540
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: X2218187Y215410 T001H00000000

Neighborhood

  • School District Name: Hauppauge Union Free School District
  • School Tax School District: HAUPPAUGE
  • Census Tract: 145701

Zoning

  • Zoning: A

Geography

  • District: 0500-0
  • Section: 50.02
  • Parcel: 0500-024.00-01.00-041.000
  • Block: 4000
  • Lot: 100.041
  • Municipality: ISLIP
  • Latitude: 40.8142
  • Longitude: -73.2113

    Address

  • Full Address: 41 Lori Way
  • Address - House Number: 41
  • Address - Street Name: Lori
  • Address - Suffix Type: Way
  • State: NY
  • City Name: Hauppauge
  • Carrier Code: C060
  • 4-Digit Zip Code: 4301
  • Zip Code: 11788

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 472806

    Appraisal Valuation

  • Standard Deviation: 0.2359
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 67
  • Final Value: 790,209
  • High Value: 976,645
  • Low Value: 603,772

    Market Valuation

  • Market Total Value: $744,506
  • Market Land Value: $181,319
  • Market Improvement Value: $563,187

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $54,200
  • Assessed Land Value: $13,200
  • Assessed Improvements Value: $41,000

    Sales

  • Current Sale Contract Date: Oct 22, 2018
  • Current Sale Recording Date: Nov 26, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Apr 04, 2003
  • Previous Sale Contract Date: Mar 27, 2003
  • Previous Sale Amount: $330,000
  • Previous Sale Document Type: 40
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 Hauppauge

Stats & Trends

Median Asking:

$775,000

Sale Price/ft²

$401

Below Asking

0.01%

Average Days on Market

85

Average Home Size

2071 ft²

Average Home Age

53.9 years

Currently For Sale

25 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 169 Brooksite Drive, Smithtown, NY, 11787

$4,800 /mo

  • 4 Beds
  • 2 Baths
  • 1,700 ft²
169 Brooksite Drive, Smithtown, NY, 11787 Listing by Debra DeLongis

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 41 Lori Way built and last sold?
The property at 41 Lori Way was built in 1966 and last sold on Oct 22, 2018 for $587,500.
How much is this home worth?
The estimated value of the home located at 41 Lori Way is $604,990.
What are some comparable homes to 41 Lori Way?
There are currently no comparable homes to 41 Lori Way.
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