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Smithtown 11787 Smithtown
58 Cherry Lane
Photo of 58 Cherry Lane
Sold on Aug 14, 2026

45

Map

Photo of 58 Cherry Lane
Photo of 58 Cherry Lane
$990,000
● House - Off Market

58 Cherry Lane

Smithtown, NY 11787
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,100 Ft²
$5,478
Est. Monthly

About This Property

Welcome to 58 Cherry Lane ~ A beautiful house in a beautiful neighborhood waiting to be your new home.

This handsome expanded Cape Cod style home has been lovingly maintained and elevated with a NEW NAVIEN gas heating system. The open floor plan, lofty ceilings, wide plank pine floors and custom stone gas fireplace sets a tone of comfort and ease. Remodeled kitchen with many new SS appliances, maple cabinetry and stone counters is open and bright  Separate den, and flex room as office/playroom houses new built in washer and dryer station. Unique floor plan provides loft bedroom apart from 3 main bedrooms. Perfectly landscaped and private backyard has entertainment deck and spectacular freeform  saltwater pool with waterfall feature.

Recent upgrades include roof, cesspool, 200 amp electric, CAC, CVAC, IGS and more.

Smithtown Schools

Taxes do not reflect the STAR discount (savings of $877.00)
Unit Size
2,100 Ft²
Days on Market
104 days
Land Size
0.89 acres
Price per sqft
$417
Property Type
House
Property Taxes
$1,181
HOA Dues
-
Year Built
1948

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Cap Rate Calculator

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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 months ago (OneKey MLS #KEY992568)

Price History

Date / Event Date Event Price
Aug 14, 2026 Sold
Premium
Sold
May 8, 2026 In contract -
In contract
Apr 30, 2026 Listed by Daniel Gale Sothebys Intl Rlty $875,000
Listed by Daniel Gale Sothebys Intl Rlty
Oct 13, 2023 Sold
Premium
Sold
Aug 23, 2023 Sold
Premium
Sold
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • 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: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 528
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 38,768
  • Total Building Area: 1,292
  • Building Area: 1,292
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,292
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000890
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 76.-2-13 SMITHTOWN PROP CHERRY LA E KIMMEY SMITHTOWN

Neighborhood

  • School District Name: Smithtown Central School District
  • School Tax School District: SMITHTOWN
  • Census Tract: 134908

Geography

  • District: 0800-0
  • Section: 76.00
  • Parcel: 0800-076.00-02.00-013.000
  • Block: 2
  • Lot: 13.000
  • Municipality: SMITHTOWN
  • Latitude: 40.8593
  • Longitude: -73.2048

    Address

  • Full Address: 58 Cherry Ln
  • Address - House Number: 58
  • Address - Street Name: Cherry
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Smithtown
  • Carrier Code: C034
  • 4-Digit Zip Code: 1753
  • Zip Code: 11787

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $600,266
  • Tax Rate Code Area: 473401

    Appraisal Valuation

  • Standard Deviation: 0.1442
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 82
  • Final Value: 681,815
  • High Value: 781,183
  • Low Value: 582,448

    Market Valuation

  • Market Total Value: $5,868
  • Market Land Value: $1,029
  • Market Improvement Value: $4,839

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $5,105
  • Assessed Land Value: $895
  • Assessed Improvements Value: $4,210

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 23, 2023
  • Current Sale Recording Date: Oct 13, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Apr 04, 2000
  • Previous Sale Contract Date: Mar 28, 2000
  • Previous Sale Amount: $230,000
  • Previous Sale Document Type: 4
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

83

Average Home Size

2288 ft²

Average Home Age

54.2 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
Unit for rent at 425 Landing Avenue, Smithtown, NY, 11787

$4,200 /mo

  • 4 Beds
  • 2 Baths
  • 1,600 ft²
425 Landing Avenue, Smithtown, NY, 11787 Listing by Maria Carrozza
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

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 2 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 58 Cherry Lane built and last sold?
The property at 58 Cherry Lane was built in 1948 and last sold on Aug 23, 2023 for $822,500.
How much is this home worth?
The estimated value of the home located at 58 Cherry Lane is $884,631.
What are some comparable homes to 58 Cherry Lane?
There are currently no comparable homes to 58 Cherry Lane.
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