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Islip 11751 Islip
101 Elder Road
$690,000
● House - Off Market

101 Elder Road

Islip, NY 11751
bedrooms
5 Beds
bathrooms
2 Baths
$869,190
RealtyHop Estimate
24.35%
Since Apr 1, 2021
National-US
Primary Model

About This Property

Bayberry Point 5 Bedroom 2 Bath Farm Ranch Backed to Seatuck Preserve with Spectacular Views of The Great South Bay. Many new updates include Gourmet Eat In Kitchen, U Shaped Center Island w/Granite Counters, Opens to Family Room with Wood Stove, Lots of Light and Open floor plan. Formal living Room w/ Fireplace. 1 st Floor Master Bedroom, Gorgeous Tiled Bath w/ heated floors, Tub & Walk in Shower. Office or 2nd Bedroom. 3 Large Bedrooms on Second Floor. Association Docking a short walk away. Junior Sailing Club, Association Bay Beach.  Large, Private, Fenced 1/2 Acre Property. X Zone Hi and Dry from all storms.
Unit Size
-
Days on Market
144 days
Land Size
0.52 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,682
HOA Dues
-
Year Built
1960

Payment Calculator

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (OneKey MLS #ONE3265876)

Price History

Date / Event Date Event Price
Apr 28, 2021 Sold
Premium
Sold
Mar 26, 2021 Sold
Premium
Sold
Jan 30, 2021 In contract -
In contract
Nov 2, 2020 Listed by Eric G Ramsay Jr Assoc LLC $699,000
Listed by Eric G Ramsay Jr Assoc LLC

Property Highlights

Garage
Air Conditioning
With View
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 616
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,651
  • Lot Size Frontage Feet: 1,020
  • Total Building Area: 3,658
  • Building Area: 2,982
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,982
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000520
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: X2217660Y177049 T059H00000000

Neighborhood

  • School District Name: Islip Union Free School District
  • School Tax School District: ISLIP
  • Census Tract: 147402

Zoning

  • Zoning: AAA

Geography

  • District: 0500-4
  • Section: 50.46
  • Parcel: 0500-462.00-02.00-034.000
  • Block: 2000
  • Lot: 200.034
  • Municipality: ISLIP
  • Latitude: 40.7089
  • Longitude: -73.2145

    Address

  • Full Address: 101 Elder Rd
  • Address - House Number: 101
  • Address - Street Name: Elder
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Islip
  • Carrier Code: C005
  • 4-Digit Zip Code: 4910
  • Zip Code: 11751

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,187,682
  • Tax Rate Code Area: 472802

    Appraisal Valuation

  • Standard Deviation: 0.2355
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 67
  • Final Value: 851,368
  • High Value: 1,051,906
  • Low Value: 650,830

    Market Valuation

  • Market Total Value: $784,341
  • Market Land Value: $206,044
  • Market Improvement Value: $578,297

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $57,100
  • Assessed Land Value: $15,000
  • Assessed Improvements Value: $42,100

    Sales

  • Current Sale Contract Date: Mar 26, 2021
  • Current Sale Recording Date: Apr 28, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Islip

Stats & Trends

Median Asking:

$639,999

Sale Price/ft²

$407

Below Asking

0.01%

Average Days on Market

87

Average Home Size

1481 ft²

Average Home Age

66.7 years

Currently For Sale

36 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 53 Mowbray Avenue, Bay Shore, NY, 11706

$6,800 /mo

  • 3 Beds
  • 2 Baths
  • 2,040 ft²
53 Mowbray Avenue, Bay Shore, NY, 11706 Listing by Nicholas Campasano

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 3 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 101 Elder Road built and last sold?
The property at 101 Elder Road was built in 1960 and last sold on Mar 26, 2021 for $690,000.
How much is this home worth?
The estimated value of the home located at 101 Elder Road is $705,990.
What are some comparable homes to 101 Elder Road?
There are currently no comparable homes to 101 Elder Road.
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