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North Great River 11752 North Great River
115 Otis Road
$699,000
● House - Off Market

115 Otis Road

Islip, NY 11752
bedrooms
6 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,300 Ft²
$699,000
RealtyHop Estimate
0.00%
Since Dec 1, 2023
National-US
Primary Model

About This Property

One of a kind one family with 6 bedrooms 2 and a half baths purched on a 80 by 150 lot.  Features a koi pond right up front and a Huge pool in the back  With a water fall  sliding and dive board. Inside is a huge Chef  kitchen with prep area all stainless still appliances which includes dishwasher ice make and trash disposal, it has a huge island ,huge master bedroom ,entertainment room with fireplace games room ,central,heat and ac and water purification system and much more., Additional information: Appearance:Diamond,Interior Features:Lr/Dr,Separate Hotwater Heater:Yes
Unit Size
3,300 Ft²
Days on Market
88 days
Land Size
0.30 acres
Price per sqft
$212
Property Type
House
Property Taxes
$1,427
HOA Dues
-
Year Built
1963

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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 #KEYL3496307)

Price History

Date / Event Date Event Price
Nov 3, 2023 Sold
Premium
Sold
Dec 5, 2023 Sold
Premium
Sold
Nov 3, 2023 Sold
Premium
Sold
Sep 12, 2023 In contract -
In contract
Aug 6, 2023 Listed by Exit Realty Central $699,000
Listed by Exit Realty Central
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • 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: 8
  • Basement Area: 1,179
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,068
  • Lot Size Frontage Feet: 800
  • Total Building Area: 2,811
  • Building Area: 2,811
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,811
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000300
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: X2229227Y196637 T026H00000000

Neighborhood

  • School District Name: East Islip Union Free School District
  • School Tax School District: EAST ISLIP
  • Census Tract: 146402

Zoning

  • Zoning: A

Geography

  • District: 0500-2
  • Section: 50.23
  • Parcel: 0500-231.00-02.00-046.000
  • Block: 1000
  • Lot: 200.046
  • Municipality: ISLIP
  • Latitude: 40.7624
  • Longitude: -73.1721

    Address

  • Full Address: 115 Otis Rd
  • Address - House Number: 115
  • Address - Street Name: Otis
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Islip Terrace
  • Carrier Code: C015
  • 4-Digit Zip Code: 1907
  • Zip Code: 11752

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 472803

    Appraisal Valuation

  • Standard Deviation: 0.1464
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 82
  • Final Value: 682,377
  • High Value: 782,310
  • Low Value: 582,443

    Market Valuation

  • Market Total Value: $725,275
  • Market Land Value: $103,022
  • Market Improvement Value: $622,253

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $52,800
  • Assessed Land Value: $7,500
  • Assessed Improvements Value: $45,300

    Sales

  • Current Sale Contract Date: Nov 03, 2023
  • Current Sale Recording Date: Dec 05, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jul 06, 2021
  • Previous Sale Contract Date: Jun 01, 2021
  • Previous Sale Amount: $350,000
  • 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 North Great River

Stats & Trends

Median Asking:

$649,000

Sale Price/ft²

$429

Above Asking

0.00%

Average Days on Market

85

Average Home Size

1617 ft²

Average Home Age

52 years

Currently For Sale

4 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 257 Southlawn Avenue, Central Islip, NY, 11722

$5,950 /mo

  • 3 Beds
  • 2 Baths
  • 1,610 ft²
257 Southlawn Avenue, Central Islip, NY, 11722 Listing by Nicole N. Kurt
Unit for rent at 46 Laurel Avenue, East Islip, NY, 11730

$5,450 /mo

  • 4 Beds
  • 2 Baths
  • 2,316 ft²
46 Laurel Avenue, East Islip, NY, 11730 Listing by Michael Biton
Unit for rent at 300 Carleton Avenue, Central Islip, NY, 11722

$3,695 /mo

  • 2 Beds
  • 2 Baths
  • 1,108 ft²
300 Carleton Avenue #7213, Central Islip, NY, 11722 Listing by Rita B. Bender

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 115 Otis Road built and last sold?
The property at 115 Otis Road was built in 1963 and last sold on Nov 3, 2023 for $699,000.
How much is this home worth?
The estimated value of the home located at 115 Otis Road is $705,990.
What are some comparable homes to 115 Otis Road?
There are currently no comparable homes to 115 Otis Road.
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