OFF_MARKETExcellent Deal12 days on market

23 Colonial Drive

23 Colonial Drive, Smithtown, NY 11787, Smithtown, NY 11787
$1,099,988

Listing Price

Property image 1
23 Colonial Drive, Smithtown, NY 11787
Loc: Smithtown, NY
Days Listed
12
Tax Assessed
$6k
Lot Size
0.45 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.

6

Pines Elementary School

PK-5
0.4 mi away
5

Hauppauge Middle School

6-8
3 mi away
9

Hauppauge High School

9-12
2.8 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
8.52%
Total ROI
32.3%
Cash Flow
$2,252/mo
DSCR
1.40
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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-08-20Listed for sale$1,099,988$289
2026-08-10Listing removed$1,099,988$289
2026-07-21Price change$1,099,988$289
2026-06-11Price change$1,149,000$302
2026-05-04Listed for sale$1,199,999$316
2021-10-16Listing removed$0
2021-07-07Price change$779,999$205
2021-06-28Price change$749,999$197
2021-05-20Price change$769,999$203
2021-04-22Listed for sale$799,000$210
2020-12-12Listing removed$799,000$210
2020-10-16Listed for sale$799,000$210
2016-09-04Listing removed$649,000$171
2016-04-11Price change$649,000$171
2016-03-02Listed for sale$669,000$176
2008-01-24Sold$500,000$132
1999-07-23Sold$295,500$78

Tax History

YearProperty TaxTax Assessment
2025$0$6,095
2024$0$6,095
2023$0$6,095
2022$0$6,095
2021$0$6,095
2020$0$6,095
2019$0$6,095
2018$0$6,095
2017$3,323.8$6,095
2016$0$6,095
2015$0$6,095
2014$0$6,590
2013$0$6,590
2012$0$6,770
2011$0$6,770
2010$0$6,770
2009$0$6,770
2008$0$8,510
2007$10,408.9$8,510
2005$9,142.61$8,510
2004$8,511.05$8,510
2003$7,662.32$8,510
2002$7,245.69$8,510
2001$0$8,510
2000$6,847.03$8,510
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
5
Baths
4
Sq Ft
3,800
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: $1,099,988Rent Basis: Modeled Estimate ($8,800/mo)State Tax Benchmark: 1.72% (NY)Hazard Reserve: $321/mo
Haven ScoreGood
6/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
7.03%

NOI: $77,355/yr

Cash-on-Cash Yield
3.5%

On $252,997 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-$321/mo
Vacancy Reserve (5% of rent)-$440/mo
Repairs & Maintenance (10% of rent)-$880/mo
Property Management (8% of rent)-$704/mo
Total Pure Operating Expenses-$2,354/mo
Net Investor Cash Flow
Gross Scheduled Rent+$8,800/mo
Less: Operating Expenses-$2,354/mo
Net Operating Income (NOI)+$6,446/mo
Less: Debt Service (30yr @ 6.75%)-$5,708/mo
Net Cash Flow
$739/mo
$8,864/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

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