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Smithtown 11787 Smithtown
70 River Heights Drive
$766,000
● House - Off Market

70 River Heights Drive

Smithtown, NY 11787
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
$720,955
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model

About This Property

Welcome Home To This Warm & Spacious 4 Bedroom, 2.5 Bath Colonial On Premium Mid Block Setting In The Smithtown West School District.  Pride Of Ownership From The Moment You Walk In The Door. Large Bright Rooms, Hardwood Floors, Andersen Windows, Gas Heating, Central Air Conditioning, Wood Burning Stove, In-ground Sprinklers, 2 Car Garage & So Much More. . Newer Baths, Roof, Windows & Electric.  Beautiful Flat .51 Acre Yard W/Brick Patio & Covered Awning.  Just Perfect For Entertaining!! Taxes W/Star $15,768, Additional information: Appearance:Diamond
Unit Size
-
Days on Market
60 days
Land Size
0.51 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,398
HOA Dues
-
Year Built
1966

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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 #KEYL3424504)

Price History

Date / Event Date Event Price
Jan 23, 2023 Sold
Premium
Sold
Oct 24, 2022 Sold
Premium
Sold
Sep 7, 2022 In contract -
In contract
Aug 18, 2022 Listed by Signature Premier Properties $689,000
Listed by Signature Premier Properties

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 5
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 821
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,216
  • Total Building Area: 2,042
  • Building Area: 2,042
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,042
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAP LANDING HILL SECTION #1
  • Land Acres: 0000000510
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 51.-4-28 *3726 LOT 32 LANDING HILL SEC 1

Neighborhood

  • School District Name: Smithtown Central School District
  • School Tax School District: SMITHTOWN
  • Census Tract: 134902

Geography

  • Account Number: S80208
  • District: 0800-0
  • Section: 51.00
  • Parcel: 0800-051.00-04.00-028.000
  • Block: 4
  • Lot: 28.000
  • Municipality: SMITHTOWN
  • Latitude: 40.8697
  • Longitude: -73.2094

    Address

  • Full Address: 70 River Heights Dr
  • Address - House Number: 70
  • Address - Street Name: River Heights
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Smithtown
  • Carrier Code: C035
  • 4-Digit Zip Code: 1742
  • Zip Code: 11787

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 473401

    Appraisal Valuation

  • Standard Deviation: 0.1442
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 82
  • Final Value: 673,352
  • High Value: 770,495
  • Low Value: 576,209

    Market Valuation

  • Market Total Value: $7,701
  • Market Land Value: $575
  • Market Improvement Value: $7,126

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $6,700
  • Assessed Land Value: $500
  • Assessed Improvements Value: $6,200

    Sales

  • Current Sale Contract Date: Oct 24, 2022
  • Current Sale Recording Date: Jan 23, 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

$410

Below Asking

0.01%

Average Days on Market

85

Average Home Size

2445 ft²

Average Home Age

63.2 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 25 A, Smithtown, NY, 11787

$2,800 /mo

  • 1 Bed
  • 1 Bath
  • 800 ft²
44 Route 25 A #113, Smithtown, NY, 11787 Listing by Mary Beth Donnelly CBR
Unit for rent at 29 Aspen Road, Kings Park, NY, 11754

$4,500 /mo

  • 4 Beds
  • 2 Baths
  • 1,600 ft²
29 Aspen Road, Kings Park, NY, 11754 Listing by Kelley J. Taylor

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 70 River Heights Drive built and last sold?
The property at 70 River Heights Drive was built in 1966 and last sold on Oct 24, 2022 for $766,000.
How much is this home worth?
The estimated value of the home located at 70 River Heights Drive is $695,890.
What are some comparable homes to 70 River Heights Drive?
There are currently no comparable homes to 70 River Heights Drive.
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