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Lake Ronkonkoma 11767 Lake Ronkonkoma
71 Empress Pines Drive
$750,000
● House - Off Market

71 Empress Pines Drive

Smithtown, NY 11767
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
$735,598
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

Beautifully updated and meticulously maintained, this stately Colonial-style Splanch boasts 4 bedrooms and 2.5 bathrooms, including a massive primary bedroom suite w/ spa bathroom, dressing area and walk-in closet. You'll find classic, tasteful and high-end design choices throughout, including the stunning eat-in kitchen w/ custom KraftMaid Cabinets, Cambria Quartz island & counters and SS appliances. Hardwood floors (refinished in 2020), wood-look tile and marble throughout, as well as crown moldings, neutral paint colors and tons of natural sunlight through updated windows. A generous amount of space to entertain w/ the large foyer, EIK, FDR, FLR and den w/ wood-burning fireplace w/ new flue. Ample storage w/ 2-car garage, partial basement and attic. Regularly maintained natural gas boiler, hot water heater from 2020, updated 200 amp electric, updated CAC, roof, cesspools w/ dry well and driveway (approx 10 years), as well as PVC fenced, manicured yard w/ patios and IG sprinklers., Additional information: Appearance:Diamond,Interior Features:Marble Bath,Separate Hotwater Heater:Y
Unit Size
-
Days on Market
-
Land Size
0.23 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,111
HOA Dues
-
Year Built
1970

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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: 4 months ago (OneKey MLS #KEYL3395862)

Price History

Date / Event Date Event Price
Nov 23, 2022 Sold
Premium
Sold
Jul 12, 2022 Sold
Premium
Sold
May 10, 2022 In contract -
In contract
May 2, 2022 Listed by Signature Premier Properties $719,000
Listed by Signature Premier Properties
Sep 15, 1993 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 390
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,019
  • Total Building Area: 2,185
  • Building Area: 2,185
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 10
  • Heated Square Feet: 2,185
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAP EMPRESS PINES SECTION 2
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 140.-6-42 *5058 LOT 36 EMPRESS PINES SEC 2

Neighborhood

  • School District Name: Sachem Central School District
  • School Tax School District: SACHEM
  • Census Tract: 135403

Geography

  • District: 0800-1
  • Section: 140.00
  • Parcel: 0800-140.00-06.00-042.000
  • Block: 6
  • Lot: 42.000
  • Municipality: SMITHTOWN
  • Latitude: 40.8413
  • Longitude: -73.1338

    Address

  • Full Address: 71 Empress Pines Dr
  • Address - House Number: 71
  • Address - Street Name: Empress Pines
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Nesconset
  • Carrier Code: C010
  • 4-Digit Zip Code: 3129
  • Zip Code: 11767

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,244,021
  • Tax Rate Code Area: 472205

    Appraisal Valuation

  • Standard Deviation: 0.1442
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 82
  • Final Value: 699,891
  • High Value: 800,863
  • Low Value: 598,919

    Market Valuation

  • Market Total Value: $6,592
  • Market Land Value: $345
  • Market Improvement Value: $6,247

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $5,735
  • Assessed Land Value: $300
  • Assessed Improvements Value: $5,435

    Sales

  • Current Sale Contract Date: Jul 12, 2022
  • Current Sale Recording Date: Nov 23, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Sep 15, 1993
  • Previous Sale Contract Date: Sep 01, 1993
  • Previous Sale Amount: $177,500
  • Previous Sale Document Type: 51
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 Lake Ronkonkoma

Stats & Trends

Median Asking:

$649,999

Sale Price/ft²

$393

Below Asking

0.01%

Average Days on Market

78

Average Home Size

1736 ft²

Average Home Age

47.9 years

Currently For Sale

35 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 6 Williams Boulevard, Lake Grove, NY, 11755

$2,610 /mo

  • 1 Bed
  • 1 Bath
  • 690 ft²
6 Williams Boulevard #061M, Lake Grove, NY, 11755 Listing by Michelle Holmes
Unit for rent at 5 Williams Boulevard, Lake Grove, NY, 11755

$2,610 /mo

  • 1 Bed
  • 1 Bath
  • 690 ft²
5 Williams Boulevard #51H, Lake Grove, NY, 11755 Listing by Michelle Holmes
Unit for rent at 25 Williams Boulevard, Lake Grove, NY, 11755

$2,655 /mo

  • 1 Bed
  • 1 Bath
  • 745 ft²
25 Williams Boulevard #252F, Lake Grove, NY, 11755 Listing by Michelle Holmes

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 4 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 71 Empress Pines Drive built and last sold?
The property at 71 Empress Pines Drive was built in 1970 and last sold on Jul 12, 2022 for $750,000.
How much is this home worth?
The estimated value of the home located at 71 Empress Pines Drive is $726,190.
What are some comparable homes to 71 Empress Pines Drive?
There are currently no comparable homes to 71 Empress Pines Drive.
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