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Smithtown 11787 Smithtown
70 Lone Oak Path
$1,300,000
● House - Off Market

70 Lone Oak Path

Smithtown, NY 11787
bedrooms
5 Beds
bathrooms
5 Baths
$1,444,708
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

This home has it all!  Spacious Open Layout with Master BR on the Main Floor!  Wainscott and Custom Moulding Detail Throughout, Gleaming HW Floors, Wood Burning FP, Built in Entertainment Systems All Staying,  Smart home Control Panels Control Lights, Alexa, Even the Lawn Sprinklers!.  Nest Thermostats, Custom Closet Systems, LED Lighting Throughout, Surround Sound, Professional Grade Wifi,  Granite and S/S Kitchen, Hi End Appliances, Radiant Heated Floors,  Full Finished Basement w/OSBE, IGP w/ Vinyl Liner and Salt Water, Pool House, Sports Court Marked for Volleyball, Basketball and Tennis!  New Burner, New Hot Water Heater, New Central AC Condensers, and a 2.5 Car Garage. Smithtown Parks and Beaches Access.  Close To All Highways, Minutes from LIRR.
Unit Size
-
Days on Market
101 days
Land Size
0.69 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,712
HOA Dues
-
Year Built
1962

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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: 3 years ago (OneKey MLS #ONE3302839)

Price History

Date / Event Date Event Price
Jul 23, 2021 Sold
Premium
Sold
Apr 13, 2021 Listed by Douglas Elliman Real Estate $1,250,000
Listed by Douglas Elliman Real Estate
Nov 14, 2014 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 774
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 30,056
  • Total Building Area: 1,700
  • Building Area: 1,700
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,700
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000690
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 125.-5-24 *1424 & PT L 89 SMITHTOWN PINES UN 5 L 90

Neighborhood

  • School District Name: Hauppauge Union Free School District
  • School Tax School District: HAUPPAUGE
  • Census Tract: 135500

Geography

  • District: 0800-1
  • Section: 125.00
  • Parcel: 0800-125.00-05.00-024.000
  • Block: 5
  • Lot: 24.000
  • Municipality: SMITHTOWN
  • Latitude: 40.8348
  • Longitude: -73.2465

    Address

  • Full Address: 70 Lone Oak Path
  • Address - House Number: 70
  • Address - Street Name: Lone Oak
  • Address - Suffix Type: Path
  • State: NY
  • City Name: Smithtown
  • Carrier Code: C019
  • 4-Digit Zip Code: 4288
  • Zip Code: 11787

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,257,906
  • Tax Rate Code Area: 472806

    Appraisal Valuation

  • Standard Deviation: 0.2674
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 61
  • Final Value: 1,107,669
  • High Value: 1,403,928
  • Low Value: 811,410

    Market Valuation

  • Market Total Value: $13,337
  • Market Land Value: $345
  • Market Improvement Value: $12,992

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $11,603
  • Assessed Land Value: $300
  • Assessed Improvements Value: $11,303

    Sales

  • Current Sale Contract Date: Nov 03, 2014
  • Current Sale Recording Date: Nov 14, 2014
  • Current Sale Price:
    Premium
  • Current 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 Smithtown

Stats & Trends

Median Asking:

$799,000

Sale Price/ft²

$411

Below Asking

0.01%

Average Days on Market

83

Average Home Size

2465 ft²

Average Home Age

60.2 years

Currently For Sale

47 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 5 Crabapple Lane, Commack, NY, 11725

$5,700 /mo

  • 4 Beds
  • 2 Baths
  • 1,600 ft²
5 Crabapple Lane, Commack, NY, 11725 Listing by Tehzibakhtar Saiyed

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 3 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 70 Lone Oak Path built and last sold?
The property at 70 Lone Oak Path was built in 1962 and last sold on Nov 3, 2014 for $925,000.
How much is this home worth?
The estimated value of the home located at 70 Lone Oak Path is $0.
What are some comparable homes to 70 Lone Oak Path?
There are currently no comparable homes to 70 Lone Oak Path.
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