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Bay Shore 11706 Bay Shore
103 Smith Street
$365,000
● House - Off Market

103 Smith Street

Islip, NY 11706
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,258 Ft²
$494,761
RealtyHop Estimate
33.72%
Since Nov 1, 2020
National-US
Primary Model

About This Property

Beautiful Exp-Ranch.. Offers 3 br's, EIK, 2 full bathrooms, office/laundry rm, back extension offers a nice size family room with a summer kitchen and private entrance. Yard fully fenced private back yard. House is on a great Dead end street. Award winning Bay Shore School district. Prefect starter home.. Conveniently close to shopping and public transportation.  Updates include kitchen, siding, roof, driveways and  heating system., Additional information: Appearance:mint,Business Located At:,Rental Income:,Separate Hotwater Heater:y
Unit Size
1,258 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$294
Property Type
House
Property Taxes
$804
HOA Dues
-
Year Built
1953

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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: 6 months ago (OneKey MLS #KEYL3204252)

Price History

Date / Event Date Event Price
Nov 13, 2020 Sold
Premium
Sold
Oct 6, 2020 Sold
Premium
Sold
Jul 17, 2020 In contract -
In contract
Jun 29, 2020 Relisted $370,000
Relisted
Apr 24, 2020 Delisted -
Delisted
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,405
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,258
  • Building Area: 1,258
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,258
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000170
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: X2204462Y187025 T039H00000000

Neighborhood

  • School District Name: Bay Shore Union Free School District
  • School Tax School District: BAY SHORE
  • Census Tract: 146004

Zoning

  • Zoning: B

Geography

  • District: 0500-3
  • Section: 50.31
  • Parcel: 0500-315.00-01.00-130.000
  • Block: 5000
  • Lot: 100.130
  • Municipality: ISLIP
  • Latitude: 40.7366
  • Longitude: -73.2617

    Address

  • Full Address: 103 Smith St
  • Address - House Number: 103
  • Address - Street Name: Smith
  • Address - Suffix Type: St
  • State: NY
  • City Name: Bay Shore
  • Carrier Code: C087
  • 4-Digit Zip Code: 4126
  • Zip Code: 11706

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,045,500
  • Tax Rate Code Area: 472801

    Appraisal Valuation

  • Standard Deviation: 0.2523
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 64
  • Final Value: 535,215
  • High Value: 670,266
  • Low Value: 400,165

    Market Valuation

  • Market Total Value: $450,549
  • Market Land Value: $105,769
  • Market Improvement Value: $344,780

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $32,800
  • Assessed Land Value: $7,700
  • Assessed Improvements Value: $25,100

    Sales

  • Current Sale Contract Date: Oct 06, 2020
  • Current Sale Recording Date: Nov 13, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Feb 25, 2016
  • Previous Sale Contract Date: Jan 29, 2016
  • Previous Sale Amount: $180,000
  • Previous Sale Document Type: 12
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 Bay Shore

Stats & Trends

Median Asking:

$625,000

Sale Price/ft²

$400

Above Asking

0.00%

Average Days on Market

84

Average Home Size

2026 ft²

Average Home Age

75.7 years

Currently For Sale

33 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 327 Brook Avenue, Bay Shore, NY, 11706

$3,025 /mo

  • 2 Beds
  • 1 Bath
  • 900 ft²
327 Brook Avenue #3271A, Bay Shore, NY, 11706 Listing by Michelle Holmes
Unit for rent at 53 Mowbray Avenue, Bay Shore, NY, 11706

$5,500 /mo

  • 3 Beds
  • 2 Baths
  • 2,040 ft²
53 Mowbray Avenue, Bay Shore, NY, 11706 Listing by Nicholas Campasano
Unit for rent at 55 Fifth Avenue, Bay Shore, NY, 11706

$2,395 /mo

  • 1 Bed
  • 1 Bath
  • 675 ft²
55 Fifth Avenue #4, Bay Shore, NY, 11706 Listing by Michelle Holmes

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 6 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 103 Smith Street built and last sold?
The property at 103 Smith Street was built in 1953 and last sold on Oct 6, 2020 for $365,000.
How much is this home worth?
The estimated value of the home located at 103 Smith Street is $387,378.
What are some comparable homes to 103 Smith Street?
There are currently no comparable homes to 103 Smith Street.
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