48 Crocus Lane
About This Property
Nestled in the Town of Smithtown and within the highly sought-after Hauppauge School District, this expanded colonial offers space, comfort, and exceptional value.
Originally a three-bedroom ranch, the home was transformed by a thoughtfully designed 900 sq. ft. second-story addition in 1984 and now offers approximately 1,800 sq. ft. of living space. The upper level features three spacious bedrooms, two full bathrooms, and abundant closet space-perfect for everyday living.
The main floor includes a fourth bedroom or home office and an additional full bath. You'll also find a formal living room, a formal dining room, and a bright eat-in kitchen-ideal for both daily living and entertaining. Sliding glass doors from the dining room lead to a deck, perfect for enjoying your outdoor space.
Additional features include:
• Full unfinished basement with utilities, laundry area, and ample storage
• Attached one-car garage
• Central air conditioning and natural gas
• Low taxes
• Spacious layout with traditional charm.
Being sold as-is, this home is a fantastic opportunity to personalize and make your own in one of Commack's most desirable neighborhoods!
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2025 | Sold | ||
| Sold | |||
| Jun 24, 2025 | In contract | - | |
| In contract | |||
| Jun 10, 2025 | Relisted | $650,000 | |
| Relisted | |||
| May 25, 2025 | In contract | - | |
| In contract | |||
| May 11, 2025 | Listed by Signature Premier Properties | $650,000 | |
| Listed by Signature Premier Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017