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Nissequogue 11780 Nissequogue
7 Pheasant Run
$4,100,000
● House - Off Market

7 Pheasant Run

Smithtown, NY 11780
bedrooms
5 Beds
bathrooms
6 Baths, 1 Half Bath
square feet
6,500 Ft²
$7,663,215
RealtyHop Estimate
63.05%
Since May 1, 2017
National-US
Primary Model

About This Property

Majestic Post Modern Home, Manicured 2+ Acres, Expansive Water Views Of Li Sound From Beautifully Adorned Rooms. Walk Out To Beach & Enjoy Magical Sunsets. Built W/Exquisite Details, Fine Craftsmanship Millwork, Stone Frpl, Gourmet Kit,Library, Mstr Suite W/Balcony, Fin.Walk-Out Bsmnt, Deck, Mineral Salt Wtr Pool. One Of Few Direct Beach Access Homes In Vill Of Nissequogue, Additional information: Appearance:Diamond
Unit Size
6,500 Ft²
Days on Market
-
Land Size
2.03 acres
Price per sqft
$723
Property Type
House
Property Taxes
$4,029
HOA Dues
-
Year Built
1983

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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 #KEYL2821918)

Price History

Date / Event Date Event Price
May 8, 2017 Sold
Premium
Sold
Jan 15, 2016 Listed by Daniel Gale Agency Inc $4,700,000
Listed by Daniel Gale Agency Inc
Majestic Post Modern Home, Manicured 2+ Acres, Expansive Water Views Of Li Sound From Beautifully Adorned Rooms. Walk Out To Beach & Enjoy Magical Sunsets. Built W/Exquisite Details, Fine Craftsmanship Millwork, Stone Frpl, Gourmet Kit,Library, Mstr Suite W/Balcony, Fin.Walk-Out Bsmnt, Deck, Mineral Salt Wtr Pool. One Of Few Direct Beach Access Homes In Vill Of Nissequogue
Dec 15, 2003 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
With View
Fireplace

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 1
  • Building Quality: 1
  • Construction Type: 0
  • Building Style: 21
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 1,109
  • Parking Space Count: 4
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 10
  • Location Influence Type: 22

    Dimensions

  • Lot Size Square Feet: 88,427
  • Lot Size Frontage Feet: 2,450
  • Total Building Area: 3,284
  • Building Area: 3,284
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 10
  • Heated Square Feet: 3,284
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAP OF BONEY LANE ESTATES
  • Land Acres: 0000002030
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 1.-2-5.10 BONEY LANE ESTATES LOT 7 *6874

Neighborhood

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

Geography

  • District: 0802-0
  • Section: 1.00
  • Parcel: 0802-001.00-02.00-005.010
  • Block: 2
  • Lot: 5.010
  • Municipality: SMITHTOWN
  • Latitude: 40.9073
  • Longitude: -73.2182

    Address

  • Full Address: 7 Pheasant Run
  • Address - House Number: 7
  • Address - Street Name: Pheasant
  • Address - Suffix Type: Run
  • State: NY
  • City Name: Saint James
  • Carrier Code: R001
  • 4-Digit Zip Code: 3507
  • Zip Code: 11780

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,817,928
  • Tax Rate Code Area: 473401

    Appraisal Valuation

  • Standard Deviation: 0.2692
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 61
  • Final Value: 1,590,702
  • High Value: 2,018,940
  • Low Value: 1,162,465

    Market Valuation

  • Market Total Value: $27,615
  • Market Land Value: $3,006
  • Market Improvement Value: $24,609

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $24,025
  • Assessed Land Value: $2,615
  • Assessed Improvements Value: $21,410

    Sales

  • Current Sale Contract Date: Apr 11, 2017
  • Current Sale Recording Date: May 08, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Previous Sale Recording Date: Dec 15, 2003
  • Previous Sale Contract Date: Jul 21, 2003
  • Previous Sale Amount: $2,300,000
  • Previous Sale Document Type: 12
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 119 Whittier Drive, Kings Park, NY, 11754

$5,500 /mo

  • 3 Beds
  • 2 Baths
119 Whittier Drive, Kings Park, NY, 11754 Listing by Elpis Hardiman

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 7 Pheasant Run built and last sold?
The property at 7 Pheasant Run was built in 1983 and last sold on Apr 11, 2017 for $4,100,000.
How much is this home worth?
The estimated value of the home located at 7 Pheasant Run is $4,747,000.
What are some comparable homes to 7 Pheasant Run?
There are currently no comparable homes to 7 Pheasant Run.
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