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St. James 11787 St. James
9 Penn Drive
$640,000
● House - Off Market

9 Penn Drive

Smithtown, NY 11787
bedrooms
3 Beds
bathrooms
2 Baths
$595,828
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

3 bedroom, 2 full bath expanded ranch- Master bath with steam shower, Large and open backyard, Anderson windows and vaulted ceilings throughout, Inground Sprinkler system, Radiant heat floors in kitchen and dining room, Newly constructed front porch, Cesspool less than 3 years old, Huge open eat in kitchen with professional grade 6 burner Wolf range/oven and new dishwasher, Washer and dryer less than one year old, Central air conditioning and gas heat, Quiet neighborhood. Amazing neighbors! 2 blocks from the park. Schools- Dogwood, Nesaquake, Smithtown East, Additional information: Separate Hotwater Heater:yes
Unit Size
-
Days on Market
-
Land Size
0.29 acres
Price per sqft
-
Property Type
House
Property Taxes
$913
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: 4 months ago (OneKey MLS #KEYL3387439)

Price History

Date / Event Date Event Price
Sep 6, 2022 Sold
Premium
Sold
Jun 23, 2022 Sold
Premium
Sold
Apr 19, 2022 In contract -
In contract
Mar 29, 2022 Listed by Thomas S Hennerty $589,000
Listed by Thomas S Hennerty
Aug 28, 2018 Sold
Premium
Sold
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Total Rooms: 6
  • Bedroom Count: 3
  • 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: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,632
  • Total Building Area: 1,678
  • Building Area: 1,678
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,678
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000290
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 82.-5-62 *2463 LOT 44 EAST HILL ESTS SEC 3

Neighborhood

  • School District Name: Smithtown Central School District
  • School Tax School District: SMITHTOWN
  • Census Tract: 135002

Geography

  • District: 0800-0
  • Section: 82.00
  • Parcel: 0800-082.00-05.00-062.000
  • Block: 5
  • Lot: 62.000
  • Municipality: SMITHTOWN
  • Latitude: 40.8616
  • Longitude: -73.1717

    Address

  • Full Address: 9 Penn Dr
  • Address - House Number: 9
  • Address - Street Name: Penn
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Smithtown
  • Carrier Code: C006
  • 4-Digit Zip Code: 2014
  • Zip Code: 11787

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,347,084
  • Tax Rate Code Area: 473401

    Appraisal Valuation

  • Standard Deviation: 0.1442
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 82
  • Final Value: 577,389
  • High Value: 660,687
  • Low Value: 494,090

    Market Valuation

  • Market Total Value: $6,426
  • Market Land Value: $351
  • Market Improvement Value: $6,075

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $5,590
  • Assessed Land Value: $305
  • Assessed Improvements Value: $5,285

    Sales

  • Current Sale Contract Date: Jun 21, 2022
  • Current Sale Recording Date: Sep 06, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Aug 28, 2018
  • Previous Sale Contract Date: Aug 07, 2018
  • Previous Sale Amount: $445,000
  • Previous 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 St. James

Stats & Trends

Median Asking:

$725,000

Sale Price/ft²

$446

Below Asking

0.01%

Average Days on Market

76

Average Home Size

2120 ft²

Average Home Age

47.4 years

Currently For Sale

27 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 24 Arlington Avenue, Smithtown, NY, 11780

$5,600 /mo

  • 4 Beds
  • 2 Baths
  • 2,889 ft²
24 Arlington Avenue, Smithtown, NY, 11780 Listing by Xiaomeng C. Zhang PSA
Unit for rent at 1 Gilbert Avenue, Smithtown, NY, 11787

$3,200 /mo

  • 2 Beds
  • 1 Bath
  • 1,000 ft²
1 Gilbert Avenue #5, Smithtown, NY, 11787 Listing by Willard P. Hough Jr
Unit for rent at 116 Smithtown Boulevard, Nesconset, NY, 11767

$2,335 /mo

  • Studio
  • 1 Bath
  • 500 ft²
116 Smithtown Boulevard #22B, Nesconset, NY, 11767 Listing by Michelle Holmes

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 Penn Drive built and last sold?
The property at 9 Penn Drive was built in 1960 and last sold on Jun 21, 2022 for $640,000.
How much is this home worth?
The estimated value of the home located at 9 Penn Drive is $594,890.
What are some comparable homes to 9 Penn Drive?
There are currently no comparable homes to 9 Penn Drive.
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