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Nissequogue 11780 Nissequogue
9 Parsons Lane
$862,500
● House - Off Market

9 Parsons Lane

Smithtown, NY 11780
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
$1,012,896
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

Wide Line Expanded 5 bedroom Cape W/WINTER WATER VIEWS, newer roof & kitchen remodel, Anderson windows, 2 fireplaces, all hardwood floors, new heating system, newer washer/dryer, 4 season atrium w/stone fireplace, cul de sac, addl 4 car storage, North Shore Village of Nissequogue, Golf/Beaches nearby, Additional information: Appearance:DIAMOND
Unit Size
-
Days on Market
-
Land Size
1.96 acres
Price per sqft
-
Property Type
House
Property Taxes
$2,412
HOA Dues
-
Year Built
1963

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Last updated: 6 months ago (OneKey MLS #KEYL3294133)

Price History

Date / Event Date Event Price
Oct 15, 2021 Sold
Premium
Sold
Jul 19, 2021 Price Decreased $899,990
↓ $49K (5.2%)
Price Decreased
Jun 16, 2021 Price Decreased $949,000
↓ $51K (5.1%)
Price Decreased
May 20, 2021 Price Decreased $999,990
↓ $100K (9.1%)
Price Decreased
May 4, 2021 Price Decreased $1,100,000
↓ $49K (4.3%)
Price Decreased
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • 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: 2
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 951
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 85,378
  • Total Building Area: 2,266
  • Building Area: 2,266
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,266
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAP PARSONAGE LOT
  • Land Acres: 0000001960
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 9.-3-11.1 PARSONS LA PARSONS LA DONAHUE PARSONS LA

Neighborhood

  • School District Name: Smithtown Central School District
  • School Tax School District: SMITHTOWN
  • Census Tract: 135004

Geography

  • District: 0802-0
  • Section: 9.00
  • Parcel: 0802-009.00-03.00-011.001
  • Block: 3
  • Lot: 11.001
  • Municipality: SMITHTOWN
  • Latitude: 40.8976
  • Longitude: -73.2003

    Address

  • Full Address: 9 Parsons Ln
  • Address - House Number: 9
  • Address - Street Name: Parsons
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Saint James
  • Carrier Code: R002
  • 4-Digit Zip Code: 4225
  • Zip Code: 11780

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,734,456
  • Tax Rate Code Area: 473401

    Appraisal Valuation

  • Standard Deviation: 0.1442
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 82
  • Final Value: 858,349
  • High Value: 982,181
  • Low Value: 734,517

    Market Valuation

  • Market Total Value: $13,879
  • Market Land Value: $1,534
  • Market Improvement Value: $12,345

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $12,075
  • Assessed Land Value: $1,335
  • Assessed Improvements Value: $10,740

    Sales

  • Current Sale Contract Date: Jan 27, 1997
  • Current Sale Recording Date: Apr 08, 1997
  • 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 Nissequogue

Stats & Trends

Median Asking:

$1,599,999

Sale Price/ft²

$425

Below Asking

0.02%

Average Days on Market

78

Average Home Size

6858 ft²

Average Home Age

24.4 years

Currently For Sale

11 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 119 Whittier Drive, Kings Park, NY, 11754

$5,500 /mo

  • 3 Beds
  • 2 Baths
119 Whittier Drive, Kings Park, NY, 11754 Listing by Elpis Hardiman
Unit for rent at 93 Maple Road, Kings Park, NY, 11754

$2,800 /mo

  • 2 Beds
  • 1 Bath
  • 840 ft²
93 Maple Road, Kings Park, NY, 11754 Listing by Krystal Kohles

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 6 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 9 Parsons Lane built and last sold?
The property at 9 Parsons Lane was built in 1963 and last sold on Jan 27, 1997 for $372,500.
How much is this home worth?
The estimated value of the home located at 9 Parsons Lane is $908,990.
What are some comparable homes to 9 Parsons Lane?
There are currently no comparable homes to 9 Parsons Lane.
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