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St. James 11787 St. James
46 Hofstra Drive
Photo of 46 Hofstra Drive
Sold on Oct 13, 2022

35

Map

Photo of 46 Hofstra Drive
Photo of 46 Hofstra Drive
$605,000
● House - Off Market

46 Hofstra Drive

Smithtown, NY 11787
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,031 Ft²
$616,317
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model

About This Property

Welcome Home to this H U G E Hi-Ranch in the prized College Section of Smithtown! Gorgeous Oak Hardwood Floors throughout. Updated EIK with Granite, Newer Appliances, Island Dining with Coffee Bar & door out to 10x10 Cedar deck overlooking gardens! Large Formal Dining Room with plenty of natural light. Formal Living Room perfect for large gatherings. MBR with J&J Bath and completely oversized 8x16 WIC (2012 & fully CO'd) with heat! Enormous Family Room with a new sliding doors to the gorgeous 13x45 paver patio. Recently updated 2nd Full Bath with beveled glass enclosure & subway tiles! Work from home?? There are 2 HOME OFFICES with built in's! M/D with Proper Permits! GREAT BONES!! Check out all the Updates: 200 AMP Svce, Oil Burner (2017) New Slider (LL-2021), Glass Shower Enclosure (2020), Updated Trap (2019), NEW 30 year ROOF (2020) with Ice Dam system, Chimney Liner (2019), Asphalt Driveway (2018). SMITHTOWN S/D! Close to LIRR, Beaches, Golf, etc...Space for Boat, Camper, etc!, Additional information: Separate Hotwater Heater:N
Unit Size
2,031 Ft²
Days on Market
99 days
Land Size
0.23 acres
Price per sqft
$290
Property Type
House
Property Taxes
$1,007
HOA Dues
-
Year Built
-

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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: 2 years ago (OneKey MLS #KEYL3413675)

Price History

Date / Event Date Event Price
Dec 12, 2022 Sold
Premium
Sold
Oct 13, 2022 Sold
Premium
Sold
Jul 22, 2022 In contract -
In contract
Jul 6, 2022 Listed by HomeSmart Premier Living Rlty $589,000
Listed by HomeSmart Premier Living Rlty

Property Highlights

Garage

Building Info

Overview

    General

  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,019
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EAST HILL ESTATES SECTION #8
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 81.-5-34 *4415 LOT 197 EAST HILL ESTS SEC 8

Neighborhood

  • School District Name: Smithtown Central School District
  • School Tax School District: SMITHTOWN
  • Census Tract: 135002

Geography

  • Account Number: J61585
  • District: 0800-0
  • Section: 81.00
  • Parcel: 0800-081.00-05.00-034.000
  • Block: 5
  • Lot: 34.000
  • Municipality: SMITHTOWN
  • Latitude: 40.8675
  • Longitude: -73.1699

    Address

  • Full Address: 46 Hofstra Dr
  • Address - House Number: 46
  • Address - Street Name: Hofstra
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Smithtown
  • Carrier Code: C006
  • 4-Digit Zip Code: 2019
  • Zip Code: 11787

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,117,808
  • Tax Rate Code Area: 473401

    Appraisal Valuation

  • Standard Deviation: 0.1442
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 82
  • Final Value: 566,746
  • High Value: 648,510
  • Low Value: 484,983

    Market Valuation

  • Market Total Value: $5,374
  • Market Land Value: $345
  • Market Improvement Value: $5,029

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,675
  • Assessed Land Value: $300
  • Assessed Improvements Value: $4,375

    Sales

  • Current Sale Contract Date: Oct 13, 2022
  • Current Sale Recording Date: Dec 12, 2022
  • Current Sale Price:
    Premium
  • Current 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 St. James

Stats & Trends

Median Asking:

$739,000

Sale Price/ft²

$445

Below Asking

0.01%

Average Days on Market

79

Average Home Size

2338 ft²

Average Home Age

46.7 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 24 Arlington Avenue, Smithtown, NY, 11780

$5,500 /mo

  • 4 Beds
  • 2 Baths
  • 2,889 ft²
24 Arlington Avenue, Smithtown, NY, 11780 Listing by Xiaomeng C. Zhang PSA

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 2 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 46 Hofstra Drive built and last sold?
The property at 46 Hofstra Drive was built in and last sold on Oct 13, 2022 for $605,000.
How much is this home worth?
The estimated value of the home located at 46 Hofstra Drive is $0.
What are some comparable homes to 46 Hofstra Drive?
There are currently no comparable homes to 46 Hofstra Drive.
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