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Smithtown 11787 Smithtown
8 Frank Street
$562,500
● House - Off Market

8 Frank Street

Smithtown, NY 11787
bedrooms
4 Beds
bathrooms
2 Baths
$647,135
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

Great opportunity to make this updated and move in ready home yours.This 4 Bedroom, 2 Bath , Hi-Ranch boasts beautiful Hard Wood Floors, tastefully decorated Kitchen along with a Living Room, Dining Room with a slider to an Upper Deck and a Large Family Room with slider to a Lower Deck. The backyard offers a great space for Entertaining with a beautiful Gazebo with lights and power. Home has plenty of storage as it includes 2 Backyard Sheds along with a spacious 2 Car Garage with an oversized driveway for ample parking. Street has Gas hookup for easy conversion. Home has so much to offfer and is a Must See!!!!, Additional information: Interior Features:Lr/Dr
Unit Size
-
Days on Market
-
Land Size
0.28 acres
Price per sqft
-
Property Type
House
Property Taxes
$770
HOA Dues
-
Year Built
1973

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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 #KEYL3329969)

Price History

Date / Event Date Event Price
Oct 6, 2021 Sold
Premium
Sold
Aug 6, 2021 In contract -
In contract
Jul 14, 2021 Listed by Charles Rutenberg Realty Inc $575,000
Listed by Charles Rutenberg Realty Inc
Sep 20, 2013 Sold
Premium
Sold
Mar 3, 2013 Listed by Charles Rutenberg Realty Inc $419,000
Listed by Charles Rutenberg Realty Inc

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • 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: 5
  • 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: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,197
  • Total Building Area: 1,082
  • Building Area: 1,082
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,082
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000280
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 33.-7-20.2 *117 & E'LY 10' OF LO RAPALLO PARK BLK 24 L 32

Neighborhood

  • School District Name: Kings Park Central School District
  • School Tax School District: KINGS PARK
  • Census Tract: 134902

Geography

  • Account Number: S100826
  • District: 0800-0
  • Section: 33.00
  • Parcel: 0800-033.00-07.00-020.002
  • Block: 7
  • Lot: 20.002
  • Municipality: SMITHTOWN
  • Latitude: 40.8794
  • Longitude: -73.2187

    Address

  • Full Address: 8 Frank St
  • Address - House Number: 8
  • Address - Street Name: Frank
  • Address - Suffix Type: St
  • State: NY
  • City Name: Smithtown
  • Carrier Code: C015
  • 4-Digit Zip Code: 1220
  • Zip Code: 11787

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,051,735
  • Tax Rate Code Area: 473405

    Appraisal Valuation

  • Standard Deviation: 0.2591
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 63
  • Final Value: 676,409
  • High Value: 851,695
  • Low Value: 501,124

    Market Valuation

  • Market Total Value: $4,943
  • Market Land Value: $259
  • Market Improvement Value: $4,684

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,300
  • Assessed Land Value: $225
  • Assessed Improvements Value: $4,075

    Sales

  • Current Sale Contract Date: Sep 04, 2013
  • Current Sale Recording Date: Sep 20, 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

Above Asking

0.00%

Average Days on Market

84

Average Home Size

2327 ft²

Average Home Age

58.2 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 44 Route 25 A, Smithtown, NY, 11787

$3,205 /mo

  • 2 Beds
  • 2 Baths
  • 1,100 ft²
44 Route 25 A #505, 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: 4 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 8 Frank Street built and last sold?
The property at 8 Frank Street was built in 1973 and last sold on Sep 4, 2013 for $400,000.
How much is this home worth?
The estimated value of the home located at 8 Frank Street is $580,750.
What are some comparable homes to 8 Frank Street?
There are currently no comparable homes to 8 Frank Street.
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