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Central Islip 11722 Central Islip
11 Norman Lane
$675,000
● House - Off Market

11 Norman Lane

Islip, NY 11722
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,134 Ft²
$4,282
Est. Monthly
7.58%
Cap Rate

About This Property

Amazing splanch style home located on a quiet street. This home offers multi level of wide open living area, a large formal dining room, eat in kitchen, den and formal living room, fire place and skylights plus four large bedrooms. Sun filled rooms, curve appeal and a great backyard. Who could ask for anything more?
Unit Size
3,134 Ft²
Days on Market
-
Land Size
0.48 acres
Price per sqft
$209
Property Type
House
Property Taxes
$1,065
HOA Dues
-
Year Built
-

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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: 4 months ago (OneKey MLS #KEYL3577955)

Price History

Date / Event Date Event Price
Jan 29, 2025 Sold
Premium
Sold
Sep 11, 2024 Listed by Redfin Real Estate $655,000
Listed by Redfin Real Estate
Feb 1, 2005 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • 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: 20,909
  • Lot Size Frontage Feet: 1,010
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000480
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: X2220542Y212002 T012H00000000

Neighborhood

  • School District Name: Central Islip Union Free School District
  • School Tax School District: CENTRAL ISLIP
  • Census Tract: 145705

Zoning

  • Zoning: AA

Geography

  • District: 0500-0
  • Section: 50.05
  • Parcel: 0500-055.00-02.00-008.000
  • Block: 5000
  • Lot: 200.008
  • Municipality: ISLIP
  • Latitude: 40.8047
  • Longitude: -73.203

    Address

  • Full Address: 11 Norman Ln
  • Address - House Number: 11
  • Address - Street Name: Norman
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Central Islip
  • Carrier Code: C022
  • 4-Digit Zip Code: 1206
  • Zip Code: 11722

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,278,170
  • Tax Rate Code Area: 472813

    Appraisal Valuation

  • Standard Deviation: 0.235
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 67
  • Final Value: 575,979
  • High Value: 711,370
  • Low Value: 440,587

    Market Valuation

  • Market Total Value: $607,143
  • Market Land Value: $137,363
  • Market Improvement Value: $469,780

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $44,200
  • Assessed Land Value: $10,000
  • Assessed Improvements Value: $34,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 11, 2005
  • Current Sale Recording Date: Feb 01, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Nov 13, 1998
  • Previous Sale Contract Date: Jul 23, 1998
  • Previous 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 Central Islip

Stats & Trends

Median Asking:

$577,000

Sale Price/ft²

$392

Above Asking

0.00%

Average Days on Market

87

Average Home Size

1699 ft²

Average Home Age

59 years

Currently For Sale

46 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

Rentals Near You

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OneKey

Last Updated: 4 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 11 Norman Lane built and last sold?
The property at 11 Norman Lane was built in and last sold on Jan 11, 2005 for $365,000.
How much is this home worth?
The estimated value of the home located at 11 Norman Lane is $0.
What are some comparable homes to 11 Norman Lane?
There are currently no comparable homes to 11 Norman Lane.
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