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Smithtown 11787 Smithtown
9 Lower Road
$435,000
● House - Off Market

9 Lower Road

Smithtown, NY 11787
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
$662,328
RealtyHop Estimate
52.26%
Since Jun 1, 2018
National-US
Primary Model

About This Property

Charming 3 Br Ranch  With Circular Driveway, Is Being Sold As Is, Includes Hardwood Floors, Custom Cabinets And Trim Work With Granite Tops, Dining Room, Living Room, Sunken Den With Large Windows That Provide Tons Of Natural Light And A View Of The Park-Like Backyard. Large Full Basement Includes A Half Bath, Laundry Room And Workshop Area And Lots Of Potential., Additional information: Appearance:Good,Interior Features:Lr/Dr
Unit Size
-
Days on Market
-
Land Size
0.62 acres
Price per sqft
-
Property Type
House
Property Taxes
$864
HOA Dues
-
Year Built
1963

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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 #KEYL3013267)

Price History

Date / Event Date Event Price
Jun 14, 2018 Sold
Premium
Sold
Mar 18, 2018 Listed by Exit Realty Achieve $435,000
Listed by Exit Realty Achieve

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Total Rooms: 5
  • 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: 17
  • 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: 250
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 27,007
  • Total Building Area: 1,269
  • Building Area: 1,269
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,269
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000620
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 50.-3-38 *2976 LOT 152 RIVIERA RIDGE SEC 3

Neighborhood

  • School District Name: Smithtown Central School District
  • School Tax School District: SMITHTOWN
  • Census Tract: 134902

Geography

  • Account Number: S80178
  • District: 0800-0
  • Section: 50.00
  • Parcel: 0800-050.00-03.00-038.000
  • Block: 3
  • Lot: 38.000
  • Municipality: SMITHTOWN
  • Latitude: 40.8702
  • Longitude: -73.2178

    Address

  • Full Address: 9 Lower Rd
  • Address - House Number: 9
  • Address - Street Name: Lower
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Smithtown
  • Carrier Code: C023
  • 4-Digit Zip Code: 1523
  • Zip Code: 11787

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,141,608
  • Tax Rate Code Area: 473401

    Appraisal Valuation

  • Standard Deviation: 0.2593
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 63
  • Final Value: 675,936
  • High Value: 851,262
  • Low Value: 500,610

    Market Valuation

  • Market Total Value: $5,115
  • Market Land Value: $517
  • Market Improvement Value: $4,598

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,450
  • Assessed Land Value: $450
  • Assessed Improvements Value: $4,000

    Sales

  • Current Sale Contract Date: May 29, 2018
  • Current Sale Recording Date: Jun 14, 2018
  • Current Sale Price:
    Premium
  • Current 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 Smithtown

Stats & Trends

Median Asking:

$799,000

Sale Price/ft²

$411

Above Asking

0.00%

Average Days on Market

83

Average Home Size

2292 ft²

Average Home Age

54.3 years

Currently For Sale

46 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

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OneKey

Last Updated: 4 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 9 Lower Road built and last sold?
The property at 9 Lower Road was built in 1963 and last sold on May 29, 2018 for $435,000.
How much is this home worth?
The estimated value of the home located at 9 Lower Road is $0.
What are some comparable homes to 9 Lower Road?
There are currently no comparable homes to 9 Lower Road.
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