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Smithtown 11787 Smithtown
51 Sherbrooke Drive
$650,000
● House - Off Market

51 Sherbrooke Drive

Smithtown, NY 11787
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,000 Ft²
$4,357
Est. Monthly
6.15%
Cap Rate

About This Property

Great 4 Bedroom 1.5 Bath Hi-Ranch in the Smithtown School District.  This home features many upgrades over the past 15years.  Kitchen, Bath, Windows, Wood flooring.  Great Neighborhood, close to shopping, schools and major roads.  This is a Diamond int the rough, This wont last.  Estate Sale sold AS IS ., Additional information: Appearance:Mint,Separate Hotwater Heater:Yes
Unit Size
2,000 Ft²
Days on Market
81 days
Land Size
0.25 acres
Price per sqft
$338
Property Type
House
Property Taxes
$1,042
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: 4 months ago (OneKey MLS #KEYL3587346)

Price History

Date / Event Date Event Price
Jan 15, 2025 Sold
Premium
Sold
Oct 24, 2024 Listed by Shine Realty Group $675,000
Listed by Shine Realty Group

Property Highlights

Garage
Parking Available

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: 10,890
  • 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: 0000000250
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 131.-3-21 *3087 LOT 96 SHERBROOKE MANOR SEC 3

Neighborhood

  • School District Name: Smithtown Central School District
  • School Tax School District: SMITHTOWN
  • Census Tract: 135303

Geography

  • District: 0800-1
  • Section: 131.00
  • Parcel: 0800-131.00-03.00-021.000
  • Block: 3
  • Lot: 21.000
  • Municipality: SMITHTOWN
  • Latitude: 40.8366
  • Longitude: -73.1917

    Address

  • Full Address: 51 Sherbrooke Dr
  • Address - House Number: 51
  • Address - Street Name: Sherbrooke
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Smithtown
  • Carrier Code: C003
  • 4-Digit Zip Code: 4727
  • Zip Code: 11787

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $987,670
  • Tax Rate Code Area: 473401

    Appraisal Valuation

  • Standard Deviation: 0.2147
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 70
  • Final Value: 724,393
  • High Value: 879,986
  • Low Value: 568,800

    Market Valuation

  • Market Total Value: $5,665
  • Market Land Value: $345
  • Market Improvement Value: $5,320

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,928
  • Assessed Land Value: $300
  • Assessed Improvements Value: $4,628

    Exemptions

  • Veteran Exemption: Yes
  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes
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

84

Average Home Size

2406 ft²

Average Home Age

57.8 years

Currently For Sale

45 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 17 Jerome Street, Smithtown, NY, 11787

$4,600 /mo

  • 4 Beds
  • 2 Baths
  • 1,700 ft²
17 Jerome Street, Smithtown, NY, 11787 Listing by Sari Eidelkind

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 4 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 51 Sherbrooke Drive built and last sold?
The property at 51 Sherbrooke Drive was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 51 Sherbrooke Drive is $681,750.
What are some comparable homes to 51 Sherbrooke Drive?
There are currently no comparable homes to 51 Sherbrooke Drive.
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