For SaleRisky Deal36 days on market
38 Riverview Terrace
38 Riverview Terrace, Smithtown, NY 11787, Smithtown, NY 11787
$1,950,000
Listing Price
38 Riverview Terrace, Smithtown, NY 11787
Loc: Smithtown, NY
Days Listed
36
Tax Assessed
$1330k
Lot Size
1.03 acres
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.
7
Smithtown Elementary School
K-5
1.5 mi away
7
Accompsett Middle School
6-8
2.2 mi away
10
Smithtown High School West
9-12
2.4 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
colonialbrick exteriortwo-storylarge front yardlandscapedarched entrywaypalladian windowsuburbanresidentialasymmetrical designmature treesclassic architecturewell-maintainedspacious
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
5.87%
Total ROI
86.4%
Cash Flow
$-581/mo
DSCR
0.94
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-581/mo net cash flow with a 5.9% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (5.9%)
- • Strong rental demand in Smithtown
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 |
|---|---|---|---|
| 2026-08-18 | Listed for sale | $1,950,000 | $529 |
| 2003-03-05 | Sold | $825,500 | $224 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $0 | $10,640 |
| 2024 | $0 | $10,640 |
| 2023 | $0 | $10,640 |
| 2022 | $0 | $10,640 |
| 2021 | $0 | $11,440 |
| 2020 | $0 | $11,440 |
| 2019 | $0 | $11,440 |
| 2018 | $0 | $11,440 |
| 2017 | $24,202.38 | $11,440 |
| 2016 | $0 | $11,440 |
| 2015 | $0 | $11,925 |
| 2014 | $0 | $11,925 |
| 2013 | $0 | $11,925 |
| 2012 | $0 | $11,925 |
| 2011 | $0 | $11,925 |
| 2010 | $0 | $11,925 |
| 2009 | $0 | $13,100 |
| 2008 | $0 | $13,100 |
| 2007 | $23,185.1 | $13,100 |
| 2005 | $19,384.1 | $13,100 |
| 2004 | $18,825.1 | $13,600 |
| 2003 | $17,438.6 | $13,600 |
| 2002 | $16,174.5 | $13,600 |
| 2001 | $0 | $13,835 |
| 2000 | $15,466.5 | $13,835 |
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