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Smithtown 11787 Smithtown
9 Madison Street
$615,000
● House - Off Market

9 Madison Street

Smithtown, NY 11787
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,821 Ft²
$646,195
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

This beautiful maintained Colonial/Splanch is move-in ready & abounds w/features that make ownership a pure joy! Professionally landscaped, the backyard is an oasis for relaxing or entertaining. The basics: 4 Bedrooms 2.5 Baths. on .25 acre. Central air, 200 Amp svc, IGS, Formal DR, EIK, den w/wood burning stove, finished basement, security system. QUIET dead-end street. Bonus features:  Hot Tub, generator w/electrical panel integrations, fully fenced yard, tool shed, wood shed, roll out patio awning, electric garage door opener, indoor speaker system, 2nd refrigerator. Taxes w/the basic STAR rebate of $911 become $12,674. Convenient to shopping, restaurants, and parks, Additional information: Appearance:Diamond
Unit Size
1,821 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$343
Property Type
House
Property Taxes
$1,132
HOA Dues
-
Year Built
1965

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: 4 months ago (OneKey MLS #KEYL3393969)

Price History

Date / Event Date Event Price
Aug 15, 2022 Sold
Premium
Sold
Jun 21, 2022 In contract -
In contract
May 24, 2022 Price Decreased $625,000
↓ $25K (3.8%)
Price Decreased
May 12, 2022 Price Increased $649,990
↑ $25K (4%)
Price Increased
Apr 25, 2022 Listed by Century 21 AA Realty $625,000
Listed by Century 21 AA Realty

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • 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: 10,890
  • Total Building Area: 1,821
  • Building Area: 1,821
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 10
  • Heated Square Feet: 1,821
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000250
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 32.-3-9 *117 BLK 5 L 26 TO 30 RAPALLO PARK

Neighborhood

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

Geography

  • Account Number: S100386
  • District: 0800-0
  • Section: 32.00
  • Parcel: 0800-032.00-03.00-009.000
  • Block: 3
  • Lot: 9.000
  • Municipality: SMITHTOWN
  • Latitude: 40.8857
  • Longitude: -73.2187

    Address

  • Full Address: 9 Madison St
  • Address - House Number: 9
  • Address - Street Name: Madison
  • Address - Suffix Type: St
  • State: NY
  • City Name: Smithtown
  • Carrier Code: C015
  • 4-Digit Zip Code: 1003
  • Zip Code: 11787

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,290,428
  • Tax Rate Code Area: 473405

    Appraisal Valuation

  • Standard Deviation: 0.1442
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 82
  • Final Value: 608,430
  • High Value: 696,207
  • Low Value: 520,653

    Market Valuation

  • Market Total Value: $6,575
  • Market Land Value: $345
  • Market Improvement Value: $6,230

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $5,720
  • Assessed Land Value: $300
  • Assessed Improvements Value: $5,420
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

2288 ft²

Average Home Age

54.2 years

Currently For Sale

45 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 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 9 Madison Street built and last sold?
The property at 9 Madison Street was built in 1965 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 9 Madison Street is $638,661.
What are some comparable homes to 9 Madison Street?
There are currently no comparable homes to 9 Madison Street.
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