OFF_MARKETExcellent Deal4 days on market

106 Summit Drive

106 Summit Drive, Smithtown, NY 11787, Smithtown, NY 11787
$799,000

Listing Price

Property image 1
106 Summit Drive, Smithtown, NY 11787
Loc: Smithtown, NY
Days Listed
4
Tax Assessed
$6k
Lot Size
0.27 acres
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

8

Tackan Elementary School

K-5
1.1 mi away
6

Great Hollow Middle School

6-8
0.4 mi away
10

Smithtown High School East

9-12
2.2 mi away

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
7.52%
Total ROI
27.2%
Cash Flow
$965/mo
DSCR
1.24
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Data provided by Haven AI. Disclaimer

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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-06-11Price change$749,000$357
2026-05-09Listed for sale$799,000$380
2022-12-02Sold$490,000$233

Tax History

YearProperty TaxTax Assessment
2025$0$5,570
2024$0$5,570
2023$0$5,570
2022$0$5,570
2021$0$5,570
2020$0$5,570
2019$0$5,570
2018$0$5,570
2017$11,655.08$5,570
2016$0$5,570
2015$0$5,570
2014$0$5,570
2013$0$5,570
2012$0$5,570
2011$0$5,570
2010$0$5,570
2009$0$5,570
2008$0$5,570
2007$10,462.4$5,570
2005$8,779.4$5,570
2004$8,224.5$5,570
2003$7,644.11$5,570
2002$7,108.47$5,570
2001$0$5,570
2000$6,374.48$5,570
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
5
Baths
2
Sq Ft
2,100
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $799,000Rent Basis: Modeled Estimate ($6,392/mo)State Tax Benchmark: 1.72% (NY)Hazard Reserve: $233/mo
Haven ScoreGood
6/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
7.03%

NOI: $56,170/yr

Cash-on-Cash Yield
3.5%

On $183,770 invested

DSCR Ratio
1.13x

Tight qualification

5-Yr Leveraged ROI
+111.7%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (1.72% of basis)-$8/mo
Homeowner / Hazard Insurance-$233/mo
Vacancy Reserve (5% of rent)-$320/mo
Repairs & Maintenance (10% of rent)-$639/mo
Property Management (8% of rent)-$511/mo
Total Pure Operating Expenses-$1,711/mo
Net Investor Cash Flow
Gross Scheduled Rent+$6,392/mo
Less: Operating Expenses-$1,711/mo
Net Operating Income (NOI)+$4,681/mo
Less: Debt Service (30yr @ 6.75%)-$4,146/mo
Net Cash Flow
$535/mo
$6,420/year
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106 Summit Drive | Smithtown, NY | Haven AI Analysis | Haven by ScoutHavens