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Fire Island 11706 Fire Island
111 Walnut Walk
Photo of 111 Walnut Walk
Sold on Sep 25, 2026

11

Map

Photo of 111 Walnut Walk
Photo of 111 Walnut Walk
$725,000
● House - Off Market

111 Walnut Walk

Islip, NY 11706
bedrooms
2 Beds
bathrooms
1 Bath
square feet
616 Ft²
$4,616
Est. Monthly

About This Property

Located just five houses from the ocean in Fair Harbor, this 2 bedroom, 1 bath home offers a classic Fire Island setting with privacy and a desirable beachside location. Surrounded by mature landscaping, the property features a spacious deck and outdoor seating area, providing a comfortable place to enjoy the outdoors.

Inside, the home offers a bright living area, hardwood floors, an eat-in kitchen, and a functional layout that captures the relaxed character of the Fire Island lifestyle. Just a short walk to the ocean, this is an opportunity to own a well maintained Fair Harbor cottage in one of the community's most sought-after locations.
Unit Size
616 Ft²
Days on Market
117 days
Land Size
0.07 acres
Price per sqft
$1,339
Property Type
House
Property Taxes
$565
HOA Dues
-
Year Built
1962

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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: 2 months ago (OneKey MLS #KEY1006762)

Price History

Date / Event Date Event Price
Sep 25, 2026 Sold
Premium
Sold
Jul 29, 2026 In contract -
In contract
May 25, 2026 Listed by Kitty King $825,000
Listed by Kitty King
Jul 28, 1995 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • 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: 3,049
  • Lot Size Depth Feet: 800
  • Lot Size Frontage Feet: 400
  • Total Building Area: 856
  • Building Area: 616
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 616
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAP FAIR HARBOR SECTION 3
  • Land Acres: 0000000070
  • Standard Land Use Code: 1012
  • County Land Use Code: 260
  • Legal Description 1: X2227152Y151764 T090H00000000

Neighborhood

  • School District Name: Fire Island Union Free School District
  • School Tax School District: FIRE ISLAND
  • Census Tract: 146004

Zoning

  • Zoning: BAA

Geography

  • District: 0500-4
  • Section: 50.49
  • Parcel: 0500-492.00-04.00-032.000
  • Block: 2000
  • Lot: 400.032
  • Municipality: ISLIP
  • Latitude: 40.6393
  • Longitude: -73.1811

    Address

  • Full Address: 111 Walnut Walk
  • Address - House Number: 111
  • Address - Street Name: Walnut
  • Address - Suffix Type: Walk
  • State: NY
  • City Name: Bay Shore
  • Zip Code: 11706

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 472814

    Appraisal Valuation

  • Standard Deviation: 0.2147
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 70
  • Final Value: 821,143
  • High Value: 997,516
  • Low Value: 644,769

    Market Valuation

  • Market Total Value: $603,708
  • Market Land Value: $439,560
  • Market Improvement Value: $164,148

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $43,950
  • Assessed Land Value: $32,000
  • Assessed Improvements Value: $11,950

    Sales

  • Current Sale Contract Date: Jul 20, 1995
  • Current Sale Recording Date: Jul 28, 1995
  • 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 Fire Island

Stats & Trends

Median Asking:

$1,599,000

Sale Price/ft²

$1,128

Below Asking

0.02%

Average Days on Market

120

Average Home Size

1603 ft²

Average Home Age

54.8 years

Currently For Sale

64 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 25 Atlantic Avenue, Seaview, NY, 11770

$7,500 /mo

  • 3 Beds
  • 1 Bath
  • 960 ft²
25 Atlantic Avenue, Seaview, NY, 11770 Listing by Robin L. Citriniti
Unit for rent at 43 Crescent Avenue, Seaview, NY, 11770

$8,500 /mo

  • 4 Beds
  • 2 Baths
  • 1,400 ft²
43 Crescent Avenue, Seaview, NY, 11770 Listing by Robin L. Citriniti
Unit for rent at 41 Atlantic Avenue, Islip, NY, 11770

$8,000 /mo

  • 4 Beds
  • 2 Baths
41 Atlantic Avenue, Islip, NY, 11770 Listing by Robin L. Citriniti

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 2 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 111 Walnut Walk built and last sold?
The property at 111 Walnut Walk was built in 1962 and last sold on Jul 20, 1995 for $155,000.
How much is this home worth?
The estimated value of the home located at 111 Walnut Walk is $826,116.
What are some comparable homes to 111 Walnut Walk?
There are currently no comparable homes to 111 Walnut Walk.
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