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Nissequogue 11780 Nissequogue
502 Long Beach Road
$1,125,000
● House - Off Market

502 Long Beach Road

Smithtown, NY 11780
bedrooms
5 Beds
bathrooms
4 Baths, 1 Half Bath
$1,209,869
RealtyHop Estimate
5.30%
Since Mar 1, 2022
National-US
Primary Model

About This Property

Beautifully maintained Farm Ranch Perfectly Situated On Landscaped  2.6 Acres In The North Shore Village Of Nissequogue. A Brick Walkway Invites You To Enter Into This Meticulously Maintained Farm Ranch, ,Skylit Den with Fireplace, Gourmet Kitchen with Custom Cabinets and Granite Countertops, First Floor Master Bedroom Suite, Updated Bathrooms, Three Car Garage & Whole House Generator. The Rear Yard Is Breathtaking w/ Mature & Manicured Landscaping & Lawn, Spacious Deck with Gazebo and L Shaped Inground Pool. It Provides Everything You Need For Gatherings Or Entertaining. Nissequogue Golf Club And Smithtown Beaches Are Nearby. Smithtown Schools., Additional information: Appearance:DIAMOND,Separate Hotwater Heater:yes
Unit Size
-
Days on Market
157 days
Land Size
2.60 acres
Price per sqft
-
Property Type
House
Property Taxes
$2,143
HOA Dues
-
Year Built
1988

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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 #KEYL3347916)

Price History

Date / Event Date Event Price
May 17, 2022 Sold
Premium
Sold
Feb 28, 2022 Sold
Premium
Sold
Dec 16, 2021 In contract -
In contract
Sep 24, 2021 Listed by Aliano Real Estate $1,149,000
Listed by Aliano Real Estate
Jan 22, 2021 Sold
Premium
Sold
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Bedroom Count: 5
  • Bathroom Count: 6
  • Full Bathrooms: 6
  • Partial Bathrooms: 6
  • Building Condition: 1
  • Building Quality: 1
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 1,115
  • Parking Space Count: 4
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 10

    Dimensions

  • Lot Size Square Feet: 113,256
  • Total Building Area: 3,762
  • Building Area: 3,762
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 10
  • Heated Square Feet: 3,762
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002600
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 9.-1-6.2 LANIERI LONGBEACH RD WALSH SHORTMAN

Neighborhood

  • School District Name: Smithtown Central School District
  • School Tax School District: SMITHTOWN
  • Census Tract: 135004

Geography

  • District: 0802-0
  • Section: 9.00
  • Parcel: 0802-009.00-01.00-006.002
  • Block: 1
  • Lot: 6.002
  • Municipality: SMITHTOWN
  • Latitude: 40.9023
  • Longitude: -73.2005

    Address

  • Full Address: 502 Long Beach Rd
  • Address - House Number: 502
  • Address - Street Name: Long Beach
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Saint James
  • Carrier Code: R001
  • 4-Digit Zip Code: 3904
  • Zip Code: 11780

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,647,480
  • Tax Rate Code Area: 473401

    Appraisal Valuation

  • Standard Deviation: 0.2314
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 53
  • Final Value: 1,213,224
  • High Value: 1,494,043
  • Low Value: 932,404

    Market Valuation

  • Market Total Value: $13,427
  • Market Land Value: $2,241
  • Market Improvement Value: $11,186

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $11,682
  • Assessed Land Value: $1,950
  • Assessed Improvements Value: $9,732

    Sales

  • Current Sale Contract Date: Feb 28, 2022
  • Current Sale Recording Date: May 17, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Aug 22, 2012
  • Previous Sale Contract Date: Jul 16, 2012
  • Previous Sale Amount: $999,000
  • Previous 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 Nissequogue

Stats & Trends

Median Asking:

$1,599,999

Sale Price/ft²

$425

Below Asking

0.02%

Average Days on Market

78

Average Home Size

6525 ft²

Average Home Age

27.7 years

Currently For Sale

12 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 29 Aspen Road, Kings Park, NY, 11754

$4,500 /mo

  • 4 Beds
  • 2 Baths
  • 1,600 ft²
29 Aspen Road, Kings Park, NY, 11754 Listing by Kelley J. Taylor

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 502 Long Beach Road built and last sold?
The property at 502 Long Beach Road was built in 1988 and last sold on Feb 28, 2022 for $1,125,000.
How much is this home worth?
The estimated value of the home located at 502 Long Beach Road is $1,160,490.
What are some comparable homes to 502 Long Beach Road?
There are currently no comparable homes to 502 Long Beach Road.
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