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Hauppauge 11788 Hauppauge
48 Joyce Drive
$699,000
● House - Off Market

48 Joyce Drive

Smithtown, NY 11788
bedrooms
6 Beds
bathrooms
3 Baths
square feet
2,184 Ft²
$4,295
Est. Monthly
20.83%
Cap Rate

About This Property

Incredible opportunity!  Welcome To This Oversized Charming 6 Bedroom 3 Full Bath High Ranch Featuring Low Taxes and Close Proximity To All The Major Highways. Great School District. The Lower Level Has a two Bedroom Apartment with access to the backyard, which Can Be An Accessory Mother/Daughter Apt with Proper Permits. Very Well Maintained and Spacious With 2nd Story Deck, New Roof, Gas Heat and Wood Floors.  Private Backyard Ideal For Entertaining.  Schedule a viewing today! Won't last!
Unit Size
2,184 Ft²
Days on Market
129 days
Land Size
0.46 acres
Price per sqft
$320
Property Type
House
Property Taxes
$862
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: 5 months ago (OneKey MLS #KEYL3576216)

Price History

Date / Event Date Event Price
Jan 10, 2025 Sold
Premium
Sold
Sep 3, 2024 Listed by Coldwell Banker American Homes $699,000
Listed by Coldwell Banker American Homes
Oct 24, 2003 Sold
Premium
Sold
Aug 2, 2002 Sold
Premium
Sold

Property Highlights

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: 20,038
  • Lot Size Frontage Feet: 1,000
  • 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
  • Land Acres: 0000000460
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: X2219907Y212901 T012H00000000

Neighborhood

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

Zoning

  • Zoning: AA

Geography

  • District: 0500-0
  • Section: 50.04
  • Parcel: 0500-040.00-01.00-052.000
  • Lot: 100.052
  • Municipality: ISLIP
  • Latitude: 40.8073
  • Longitude: -73.2051

    Address

  • Full Address: 48 Joyce Dr
  • Address - House Number: 48
  • Address - Street Name: Joyce
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Hauppauge
  • Carrier Code: C053
  • 4-Digit Zip Code: 4708
  • Zip Code: 11788

Valuation

    Tax

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

    Appraisal Valuation

  • Standard Deviation: 0.2147
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 70
  • Final Value: 704,769
  • High Value: 856,147
  • Low Value: 553,391

    Market Valuation

  • Market Total Value: $623,627
  • Market Land Value: $137,363
  • Market Improvement Value: $486,264

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $45,400
  • Assessed Land Value: $10,000
  • Assessed Improvements Value: $35,400

    Sales

  • Current Sale Contract Date: Jul 24, 2003
  • Current Sale Recording Date: Oct 24, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Previous Sale Recording Date: Aug 02, 2002
  • Previous Sale Contract Date: Jul 29, 2002
  • Previous Sale Amount: $375,000
  • Previous Sale Document Type: 12
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

$398

Below Asking

0.01%

Average Days on Market

84

Average Home Size

2014 ft²

Average Home Age

55.3 years

Currently For Sale

29 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

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OneKey

Last Updated: 5 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 48 Joyce Drive built and last sold?
The property at 48 Joyce Drive was built in and last sold on Jul 24, 2003 for $429,000.
How much is this home worth?
The estimated value of the home located at 48 Joyce Drive is $0.
What are some comparable homes to 48 Joyce Drive?
There are currently no comparable homes to 48 Joyce Drive.
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