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Smithtown 11787 Smithtown
8 Mark Drive
$430,000
● House - Off Market

8 Mark Drive

Smithtown, NY 11787
bedrooms
4 Beds
bathrooms
2 Baths
$894,570
RealtyHop Estimate
94.95%
Since Nov 1, 2013
National-US
Primary Model

About This Property

Great Opportunity To Live In An Expanded Ranch In The Forestwood Community.   This Home Has A Large Cathedral Ceiling Great Room;Cac; And Updated Kitchen.Situated On A Private Flat.63 Acres Of Land  Close To The Blydenburg Park Horse Trails,Town And Liir. Do Not Miss This New Listing! Taxes With Star=$10,603.58, Additional information: Appearance:Excellent
Unit Size
-
Days on Market
-
Land Size
0.63 acres
Price per sqft
-
Property Type
House
Property Taxes
$973
HOA Dues
-
Year Built
1960

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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 #KEYL2575863)

Price History

Date / Event Date Event Price
Oct 18, 2013 Sold
Premium
Sold
Apr 1, 2013 Listed by Douglas Elliman Real Estate $458,875
Listed by Douglas Elliman Real Estate
Jan 4, 2000 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 27,443
  • Total Building Area: 2,688
  • Building Area: 2,688
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 10
  • Heated Square Feet: 2,688
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000630
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 101.-1-16 *2919 SEC 1 LOT 36 FORESTWOOD AT SMITHTOWN

Neighborhood

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

Geography

  • District: 0800-1
  • Section: 101.00
  • Parcel: 0800-101.00-01.00-016.000
  • Block: 1
  • Lot: 16.000
  • Municipality: SMITHTOWN
  • Latitude: 40.8533
  • Longitude: -73.2086

    Address

  • Full Address: 8 Mark Dr
  • Address - House Number: 8
  • Address - Street Name: Mark
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Smithtown
  • Carrier Code: C009
  • 4-Digit Zip Code: 3317
  • Zip Code: 11787

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,839,019
  • Tax Rate Code Area: 473401

    Appraisal Valuation

  • Standard Deviation: 0.2636
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 62
  • Final Value: 849,445
  • High Value: 1,073,384
  • Low Value: 625,505

    Market Valuation

  • Market Total Value: $9,897
  • Market Land Value: $575
  • Market Improvement Value: $9,322

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $8,610
  • Assessed Land Value: $500
  • Assessed Improvements Value: $8,110

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 10, 2013
  • Current Sale Recording Date: Oct 18, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Previous Sale Recording Date: Jan 04, 2000
  • Previous Sale Contract Date: Dec 17, 1999
  • Previous Sale Amount: $282,500
  • Previous 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

2465 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

Rentals Near You

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OneKey

Last Updated: 5 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 8 Mark Drive built and last sold?
The property at 8 Mark Drive was built in 1960 and last sold on Oct 10, 2013 for $430,000.
How much is this home worth?
The estimated value of the home located at 8 Mark Drive is $0.
What are some comparable homes to 8 Mark Drive?
There are currently no comparable homes to 8 Mark Drive.
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