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Smithtown 11787 Smithtown
55 Brook Lane
Photo of 55 Brook Lane
Sold on Apr 5, 2023

30

Map

Photo of 55 Brook Lane
Photo of 55 Brook Lane
$535,000
● House - Off Market

55 Brook Lane

Smithtown, NY 11787
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,195 Ft²
$523,973
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

Charming 3 bedroom Farm Ranch situated on a level 1.20 acre lot with room for possibilities! This first floor features a foyer with a walk-in closet, an eat-in kitchen, a living room with a fieldstone fireplace, primary bedroom with dual cedar closets, and ductless Central air. As well as an additional bedroom/office and a full bath. The second floor has a bedroom and full bathroom, and large attic storage! The unfinished basement has storage, a laundry area, and utilities. Many updates consist of: In-ground sprinklers, 150 amp electrical service, deck, and shed. Minutes away from LIRR, shopping, and restaurants. Hauppauge Schools. Low taxes., Additional information: Appearance:Mint,Separate Hotwater Heater:Y
Unit Size
1,195 Ft²
Days on Market
-
Land Size
1.20 acres
Price per sqft
$431
Property Type
House
Property Taxes
$546
HOA Dues
-
Year Built
1953

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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 #KEYL3454705)

Price History

Date / Event Date Event Price
May 15, 2023 Sold
Premium
Sold
Apr 5, 2023 Sold
Premium
Sold
Feb 7, 2023 In contract -
In contract
Jan 26, 2023 Listed by Coach Real Estate Assoc Inc $515,000
Listed by Coach Real Estate Assoc Inc

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 1
  • Exterior Walls Type: 5
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 150
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 52,272
  • Total Building Area: 1,195
  • Building Area: 1,195
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,195
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001200
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 129.-1-12.1 *1371 P/LOT 25 FOREST BROOK ACRES PL 1

Neighborhood

  • School District Name: Hauppauge Union Free School District
  • School Tax School District: HAUPPAUGE
  • Census Tract: 135303

Geography

  • District: 0800-1
  • Section: 129.00
  • Parcel: 0800-129.00-01.00-012.001
  • Block: 1
  • Lot: 12.001
  • Municipality: SMITHTOWN
  • Latitude: 40.8411
  • Longitude: -73.2033

    Address

  • Full Address: 55 Brook Ln
  • Address - House Number: 55
  • Address - Street Name: Brook
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Smithtown
  • Carrier Code: C026
  • 4-Digit Zip Code: 4517
  • Zip Code: 11787

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $294,793
  • Tax Rate Code Area: 472806

    Appraisal Valuation

  • Standard Deviation: 0.1442
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 82
  • Final Value: 506,240
  • High Value: 579,274
  • Low Value: 433,206

    Market Valuation

  • Market Total Value: $3,701
  • Market Land Value: $287
  • Market Improvement Value: $3,414

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,220
  • Assessed Land Value: $250
  • Assessed Improvements Value: $2,970

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 05, 2023
  • Current Sale Recording Date: May 15, 2023
  • Current Sale Price:
    Premium
  • Current 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 Smithtown

Stats & Trends

Median Asking:

$799,000

Sale Price/ft²

$411

Above Asking

0.00%

Average Days on Market

82

Average Home Size

2292 ft²

Average Home Age

54.3 years

Currently For Sale

46 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 44 Route 25a, Smithtown, NY, 11787

$3,295 /mo

  • 2 Beds
  • 2 Baths
  • 1,200 ft²
44 Route 25a #504, Smithtown, NY, 11787 Listing by Mary Beth Donnelly CBR
Unit for rent at 44 Route 25 A, Smithtown, NY, 11787

$3,295 /mo

  • 2 Beds
  • 2 Baths
  • 1,200 ft²
44 Route 25 A #409, Smithtown, NY, 11787 Listing by Mary Beth Donnelly CBR

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 55 Brook Lane built and last sold?
The property at 55 Brook Lane was built in 1953 and last sold on Apr 5, 2023 for $535,000.
How much is this home worth?
The estimated value of the home located at 55 Brook Lane is $0.
What are some comparable homes to 55 Brook Lane?
There are currently no comparable homes to 55 Brook Lane.
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