OFF_MARKETExcellent Deal21 days on market

43 Grassy Pond Drive

43 Grassy Pond Drive, Smithtown, NY 11787, Smithtown, NY 11787
$950,000

Listing Price

Property image 1
43 Grassy Pond Drive, Smithtown, NY 11787
Loc: Smithtown, NY
Days Listed
21
Tax Assessed
$6k
Lot Size
0.50 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.

7

Pines Elementary School

PK-5
1 mi away
5

Hauppauge Middle School

6-8
2.6 mi away
9

Hauppauge High School

9-12
2.6 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
8.51%
Total ROI
32.2%
Cash Flow
$1,930/mo
DSCR
1.40
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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-04-25Listed for sale$950,000$499
2003-11-06Sold$415,000$218

Tax History

YearProperty TaxTax Assessment
2024$0$6,210
2023$0$6,210
2022$0$6,210
2021$0$6,210
2020$0$6,210
2019$0$6,210
2018$0$6,210
2017$3,386.53$6,210
2016$0$6,210
2015$0$6,210
2014$0$6,210
2013$0$6,210
2012$0$6,210
2011$0$6,210
2010$0$6,210
2009$0$6,210
2008$0$6,210
2007$7,526.8$6,210
2005$6,578.86$6,210
2004$6,662.06$6,210
2003$6,005.66$6,210
2002$5,682.56$6,210
2001$0$6,210
2000$5,170.19$6,210
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
4
Baths
3
Sq Ft
1,905
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: $950,000Rent Basis: Modeled Estimate ($7,600/mo)State Tax Benchmark: 1.72% (NY)Hazard Reserve: $277/mo
Haven ScoreGood
6/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
7.03%

NOI: $66,793/yr

Cash-on-Cash Yield
3.5%

On $218,500 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)-$9/mo
Homeowner / Hazard Insurance-$277/mo
Vacancy Reserve (5% of rent)-$380/mo
Repairs & Maintenance (10% of rent)-$760/mo
Property Management (8% of rent)-$608/mo
Total Pure Operating Expenses-$2,034/mo
Net Investor Cash Flow
Gross Scheduled Rent+$7,600/mo
Less: Operating Expenses-$2,034/mo
Net Operating Income (NOI)+$5,566/mo
Less: Debt Service (30yr @ 6.75%)-$4,929/mo
Net Cash Flow
$637/mo
$7,641/year
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43 Grassy Pond Drive | Smithtown, NY | Haven AI Analysis | Haven by ScoutHavens