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Nesconset 11787 Nesconset
54 Prospect Avenue
Photo of 54 Prospect Avenue
Sold on Jun 12, 2025

8

Map

Photo of 54 Prospect Avenue
Photo of 54 Prospect Avenue
$549,000
● House - Off Market

54 Prospect Avenue

Smithtown, NY 11787
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,684 Ft²
$3,708
Est. Monthly
7.62%
Cap Rate

About This Property

Calling all handy home decor designers to this High Ranch that is conveniently located yet on a quiet dead end street. It presents a golden opportunity to create your dream home. Put your renovation skills to work and unlock the hidden potential of this property, with its prime location and solid bones, the possibilities are limitless. Your formal living room is open to your formal dining room. In addition there Is an eat In kitchen, 3 bedrooms and a full bath on the main level. On the lower level you will find a fourth bedroom/home office, a second full bath and a recreation area; perfect for multigenerational living! This home is situated on .12 acre and has a one car garage. Nearby is the local shopping district, local parks and beaches, fine restaurants, and Stony Brook University and Medical Center.,
Unit Size
1,684 Ft²
Days on Market
182 days
Land Size
0.12 acres
Price per sqft
$326
Property Type
House
Property Taxes
$1,012
HOA Dues
-
Year Built
1976

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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: 2 years ago (OneKey MLS #KEY805304)

Price History

Date / Event Date Event Price
Jun 12, 2025 Sold
Premium
Sold
Jan 30, 2025 In contract -
In contract
Dec 11, 2024 Listed by Daniel Gale Sothebys Intl Rlty $549,000
Listed by Daniel Gale Sothebys Intl Rlty

Property Highlights

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 5
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 600
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,227
  • Total Building Area: 1,684
  • Building Area: 1,684
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,684
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RINALDI GARDENS
  • Land Acres: 0000000120
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 108.-1-4 *878 P/LOTS 23-24 RINALDI GARDENS

Neighborhood

  • School District Name: Smithtown Central School District
  • School Tax School District: SMITHTOWN
  • Census Tract: 135401

Geography

  • District: 0800-1
  • Section: 108.00
  • Parcel: 0800-108.00-01.00-004.000
  • Block: 1
  • Lot: 4.000
  • Municipality: SMITHTOWN
  • Latitude: 40.8556
  • Longitude: -73.1669

    Address

  • Full Address: 54 Prospect Ave
  • Address - House Number: 54
  • Address - Street Name: Prospect
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Smithtown
  • Carrier Code: C001
  • 4-Digit Zip Code: 3808
  • Zip Code: 11787

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,190,427
  • Tax Rate Code Area: 473401

    Appraisal Valuation

  • Standard Deviation: 0.2692
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 61
  • Final Value: 692,192
  • High Value: 878,539
  • Low Value: 505,845

    Market Valuation

  • Market Total Value: $5,322
  • Market Land Value: $115
  • Market Improvement Value: $5,207

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,630
  • Assessed Land Value: $100
  • Assessed Improvements Value: $4,530
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 Nesconset

Stats & Trends

Median Asking:

$765,000

Sale Price/ft²

$403

Below Asking

0.01%

Average Days on Market

89

Average Home Size

1854 ft²

Average Home Age

48.1 years

Currently For Sale

23 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 445 North Country Road, Saint James, NY, 11780

$4,305 /mo

  • 4 Beds
  • 2 Baths
  • 3,000 ft²
445 North Country Road, Saint James, NY, 11780 Listing by Michelle T. Bender

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 2 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 54 Prospect Avenue built and last sold?
The property at 54 Prospect Avenue was built in 1976 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 54 Prospect Avenue is $0.
What are some comparable homes to 54 Prospect Avenue?
There are currently no comparable homes to 54 Prospect Avenue.
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