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Smithtown 11787 Smithtown
5 Laurel Drive
$450,000
● House - Off Market

5 Laurel Drive

Smithtown, NY 11787
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
$754,743
RealtyHop Estimate
77.59%
Since Aug 1, 2015
National-US
Primary Model

About This Property

Updated 3 Bedroom Ranch In Beautiful Smithtown Pines. Hauppauge Schools. Gorgeous Custom Maple Ivory Glazed Cabinets W/Stainless Steel Appliances, Honed Granite. Sunroom/Solar Off The Eat-In-Kitchen. Hardwood Floors Throughout. Updated Baths. Full Finished Basement With Summer Kitchen And Ose, 2 Car Garage, Igp, Deck, Lots Of Mature Plantings. Home Sold As Is Condition., Additional information: Appearance:Excellent,Separate Hotwater Heater:Y
Unit Size
-
Days on Market
-
Land Size
0.46 acres
Price per sqft
-
Property Type
House
Property Taxes
$782
HOA Dues
-
Year Built
1960

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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 #KEYL2757577)

Price History

Date / Event Date Event Price
Aug 14, 2015 Sold
Premium
Sold
Apr 27, 2015 Listed by Howard Hanna Coach $425,000
Listed by Howard Hanna Coach

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 624
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 10

    Dimensions

  • Lot Size Square Feet: 20,038
  • Total Building Area: 1,366
  • Building Area: 1,366
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,366
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAP OF SMITHTOWN PINES
  • Land Acres: 0000000460
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 94.-3-48 *1404 LOTS 455 & 456 SMITHTOWN PINES

Neighborhood

  • School District Name: Hauppauge Union Free School District
  • School Tax School District: HAUPPAUGE
  • Census Tract: 135500

Geography

  • District: 0800-0
  • Section: 94.00
  • Parcel: 0800-094.00-03.00-048.000
  • Block: 3
  • Lot: 48.000
  • Municipality: SMITHTOWN
  • Latitude: 40.8458
  • Longitude: -73.257

    Address

  • Full Address: 5 Laurel Dr
  • Address - House Number: 5
  • Address - Street Name: Laurel
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Smithtown
  • Carrier Code: C018
  • 4-Digit Zip Code: 3906
  • Zip Code: 11787

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $531,188
  • Tax Rate Code Area: 472806

    Appraisal Valuation

  • Standard Deviation: 0.2692
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 61
  • Final Value: 755,905
  • High Value: 959,405
  • Low Value: 552,406

    Market Valuation

  • Market Total Value: $6,218
  • Market Land Value: $172
  • Market Improvement Value: $6,046

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $5,410
  • Assessed Land Value: $150
  • Assessed Improvements Value: $5,260

    Sales

  • Current Sale Contract Date: Jul 23, 2015
  • Current Sale Recording Date: Aug 14, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 33
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 Smithtown

Stats & Trends

Median Asking:

$799,000

Sale Price/ft²

$411

Below Asking

0.01%

Average Days on Market

83

Average Home Size

2465 ft²

Average Home Age

60.2 years

Currently For Sale

47 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 21 Wesleyan Road, Commack, NY, 11725

$8,000 /mo

  • 4 Beds
  • 1 Bath
  • 2,400 ft²
21 Wesleyan Road, Commack, NY, 11725 Listing by Imran Azeem
Unit for rent at 550 New Highway, Hauppauge, NY, 11788

$2,665 /mo

  • 1 Bed
  • 1 Bath
  • 705 ft²
550 New Highway #11D, Hauppauge, NY, 11788 Listing by Michelle Holmes
Unit for rent at 560 New Highway, Hauppauge, NY, 11788

$2,675 /mo

  • 1 Bed
  • 1 Bath
  • 705 ft²
560 New Highway #62A, Hauppauge, NY, 11788 Listing by Michelle Holmes

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 5 Laurel Drive built and last sold?
The property at 5 Laurel Drive was built in 1960 and last sold on Jul 23, 2015 for $450,000.
How much is this home worth?
The estimated value of the home located at 5 Laurel Drive is $429,250.
What are some comparable homes to 5 Laurel Drive?
There are currently no comparable homes to 5 Laurel Drive.
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