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Smithtown 11787 Smithtown
8 Flamingo
$510,000
● House - Off Market

8 Flamingo

Smithtown, NY 11787
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
$1,023,092
RealtyHop Estimate
94.91%
Since Aug 1, 2013
National-US
Primary Model

About This Property

*Extremely* Well Maintained And Updated 4Bed 3.5Bth Colonial,You Must See This One For Yourself! Set On 0.51 Acres Of Beautiful Property/Block Form.L/R,D/R,New Eik,(2012)Hrdwood Thruout Both Levels.New Roof,Ander-Wndws,Prem/Siding,Cesspool,Oilbrnr & Full Bsmnt W/Ose&Rm For Mom,All Updated 04/05.Spac.2.5 Car Gar,Scrndporch.Smithtown Elem.Acc.M/S,Hs West.Buyer To Verify All., Additional information: Appearance:Mint+++,Separate Hotwater Heater:Yes
Unit Size
-
Days on Market
-
Land Size
0.51 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,086
HOA Dues
-
Year Built
1950

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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 #KEYL2562891)

Price History

Date / Event Date Event Price
Jul 30, 2013 Sold
Premium
Sold
Mar 6, 2013 Listed by Charles Rutenberg Realty Inc $524,900
Listed by Charles Rutenberg Realty Inc

Property Highlights

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • 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: 2
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 932
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 4
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,216
  • Total Building Area: 2,010
  • Building Area: 2,010
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,010
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000510
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 100.-2-45 *3260 LOT 227 FORESTWOOD AT SMITHTOWN S

Neighborhood

  • School District Name: Smithtown Central School District
  • School Tax School District: SMITHTOWN
  • Census Tract: 134909

Geography

  • District: 0800-1
  • Section: 100.00
  • Parcel: 0800-100.00-02.00-045.000
  • Block: 2
  • Lot: 45.000
  • Municipality: SMITHTOWN
  • Latitude: 40.848
  • Longitude: -73.2178

    Address

  • Full Address: 8 Flamingo Dr
  • Address - House Number: 8
  • Address - Street Name: Flamingo
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Smithtown
  • Carrier Code: C009
  • 4-Digit Zip Code: 3308
  • Zip Code: 11787

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,745,809
  • Tax Rate Code Area: 473401

    Appraisal Valuation

  • Standard Deviation: 0.2674
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 61
  • Final Value: 827,514
  • High Value: 1,048,842
  • Low Value: 606,186

    Market Valuation

  • Market Total Value: $7,954
  • Market Land Value: $546
  • Market Improvement Value: $7,408

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $6,920
  • Assessed Land Value: $475
  • Assessed Improvements Value: $6,445

    Sales

  • Current Sale Contract Date: Jul 12, 2013
  • Current Sale Recording Date: Jul 30, 2013
  • 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

2453 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 18 Greenwich Road, Smithtown, NY, 11787

$4,800 /mo

  • 4 Beds
  • 1 Bath
  • 1,800 ft²
18 Greenwich Road, Smithtown, NY, 11787 Listing by Reuben Szczesny

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 8 Flamingo Drive built and last sold?
The property at 8 Flamingo Drive was built in 1950 and last sold on Jul 12, 2013 for $525,000.
How much is this home worth?
The estimated value of the home located at 8 Flamingo Drive is $530,149.
What are some comparable homes to 8 Flamingo Drive?
There are currently no comparable homes to 8 Flamingo Drive.
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