For SaleRisky Deal26 days on market
14 Format Lane
14 Format Lane, Smithtown, NY 11787, Smithtown, NY 11787
$850,000
Listing Price
14 Format Lane, Smithtown, NY 11787
Loc: Smithtown, NY
Days Listed
26
Tax Assessed
$6k
Lot Size
10,019 sqft
Type
single family
More Than Just a Property
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4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
8
Mount Pleasant Elementary School
K-5
1.1 mi away
6
Great Hollow Middle School
6-8
0.8 mi away
10
Smithtown High School West
9-12
4.3 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
colonialtwo-storycedar shake sidingbrick accentstwo-car garageasphalt drivewaymature treeslandscapedbay windowsuburbancurb appealresidentialtraditional
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
5.43%
Total ROI
76.9%
Cash Flow
$-564/mo
DSCR
0.87
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-564/mo net cash flow with a 5.4% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Smithtown, NY
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-08-28 | Listed for sale | $850,000 | $340 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $0 | $6,370 |
| 2024 | $0 | $6,370 |
| 2023 | $0 | $6,370 |
| 2022 | $0 | $6,370 |
| 2021 | $0 | $6,370 |
| 2020 | $0 | $6,370 |
| 2019 | $0 | $6,370 |
| 2018 | $0 | $6,370 |
| 2017 | $13,329.06 | $6,370 |
| 2016 | $0 | $6,370 |
| 2015 | $0 | $6,370 |
| 2014 | $0 | $6,660 |
| 2013 | $0 | $6,660 |
| 2012 | $0 | $6,660 |
| 2011 | $0 | $6,660 |
| 2010 | $0 | $6,660 |
| 2009 | $0 | $6,660 |
| 2008 | $0 | $6,660 |
| 2007 | $10,581.7 | $6,660 |
| 2005 | $9,508.56 | $6,660 |
| 2004 | $8,882.66 | $6,660 |
| 2003 | $8,223.82 | $6,660 |
| 2002 | $7,645.32 | $6,660 |
| 2001 | $0 | $6,660 |
| 2000 | $7,306.02 | $6,660 |
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