8 Navy Drive
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 1, 2024 | Sold | ||
| Sold | |||
| Jan 12, 2024 | Sold | ||
| Sold | |||
| Nov 15, 2023 | In contract | - | |
| In contract | |||
| Oct 27, 2023 | Listed by BERKSHIRE HATHAWAY | $639,999 | |
| Listed by BERKSHIRE HATHAWAY | |||
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Welcome to 8 Navy Dr, Smithtown! This charming colonial home offers the perfect blend of comfort and convenience. With three bedrooms and 1.5 baths, it's the ideal size for a family. Situated on a generous .25-acre lot, there's ample space for outdoor activities and gardening. The partially finished basement provides extra room for storage or recreation. As you step inside, you'll notice the inviting open layout. The living room seamlessly connects to the dining area and kitchen, creating a perfect space for entertaining guests or family gatherings. The den opens to sliding doors that lead to a lovely backyard, providing a tranquil spot for relaxation. This home boasts beautiful hardwood floors that add warmth and character. The roof and windows are only six years old, ensuring durability and energy efficiency. Additionally, the brand new vinyl siding not only enhances the property's curb appeal but also offers low maintenance. The exterior features a paver driveway and walkway, making your entry stylish and easy. The PVC fenced yard ensures privacy and safety for children and pets. For your comfort, the home is equipped with both gas heating and cooking, along with central air conditioning. This residence is part of the esteemed Smithtown school district, making it a great choice for families. Don't miss the opportunity to make 8 Navy Dr your new home sweet home!
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| Oct 13, 2023 | Listed by BERKSHIRE HATHAWAY | $639,999 | |
| Listed by BERKSHIRE HATHAWAY | |||
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About St. James
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017