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St. James 11787 St. James
8 Franklin Drive
$372,500
● House - Off Market

8 Franklin Drive

Smithtown, NY 11787
bedrooms
3 Beds
bathrooms
2 Baths
$739,172
RealtyHop Estimate
94.57%
Since Sep 1, 2013
National-US
Primary Model

About This Property

Lovely 3Br, 2 Ba Brick Ranch On .25 Acre. Updated Kitchen W/Ss Appl, Updated Baths.  Sunken Den, Gleaming Hw Floors Throughout, Hi Hats, Cac.  Full Finished Basement With Laundry Rm, Play Rm, Other Rm And Ose.  Beautiful Back Yard With Brick Patio And Igs.  New Pavers And Landscaping In Front.  Move In Condition.  Don't Miss This One!  Taxes W/Star $9340.30., Additional information: Appearance:Mint+,Separate Hotwater Heater:Y
Unit Size
-
Days on Market
-
Land Size
0.25 acres
Price per sqft
-
Property Type
House
Property Taxes
$868
HOA Dues
-
Year Built
-

Payment Calculator

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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 #KEYL2575967)

Price History

Date / Event Date Event Price
Aug 20, 2013 Sold
Premium
Sold
Apr 21, 2013 Listed by Coldwell Banker Residential $379,900
Listed by Coldwell Banker Residential
Sep 3, 1996 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,890
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000250
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 105.-2-33 *2854 LOT 2 & N 6' OF DEANIN HOMES

Neighborhood

  • School District Name: Smithtown Central School District
  • School Tax School District: SMITHTOWN
  • Census Tract: 135002

Geography

  • District: 0800-1
  • Section: 105.00
  • Parcel: 0800-105.00-02.00-033.000
  • Block: 2
  • Lot: 33.000
  • Municipality: SMITHTOWN
  • Latitude: 40.8566
  • Longitude: -73.1722

    Address

  • Full Address: 8 Franklin Dr
  • Address - House Number: 8
  • Address - Street Name: Franklin
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Smithtown
  • Carrier Code: C001
  • 4-Digit Zip Code: 2025
  • Zip Code: 11787

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,155,279
  • Tax Rate Code Area: 473401

    Appraisal Valuation

  • Standard Deviation: 0.2274
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 68
  • Final Value: 666,090
  • High Value: 817,602
  • Low Value: 514,578

    Market Valuation

  • Market Total Value: $5,655
  • Market Land Value: $333
  • Market Improvement Value: $5,322

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,920
  • Assessed Land Value: $290
  • Assessed Improvements Value: $4,630

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 05, 2013
  • Current Sale Recording Date: Aug 20, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Previous Sale Recording Date: Sep 03, 1996
  • Previous Sale Contract Date: Aug 23, 1996
  • Previous Sale Amount: $167,000
  • Previous 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 St. James

Stats & Trends

Median Asking:

$739,000

Sale Price/ft²

$446

Below Asking

0.01%

Average Days on Market

79

Average Home Size

2180 ft²

Average Home Age

46.3 years

Currently For Sale

26 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 15 Park Avenue, Nesconset, NY, 11767

$3,750 /mo

  • 3 Beds
  • 1 Bath
  • 740 ft²
15 Park Avenue, Nesconset, NY, 11767 Listing by Josephine Meringolo
Unit for rent at 275 4th Street, Saint James, NY, 11780

$3,900 /mo

  • 2 Beds
  • 1 Bath
  • 1,600 ft²
275 4th Street, Saint James, NY, 11780 Listing by Traci Sarnataro

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 Franklin Drive built and last sold?
The property at 8 Franklin Drive was built in and last sold on Aug 5, 2013 for $372,500.
How much is this home worth?
The estimated value of the home located at 8 Franklin Drive is $0.
What are some comparable homes to 8 Franklin Drive?
There are currently no comparable homes to 8 Franklin Drive.
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