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Islandia 11749 Islandia
115 Scotchpine Drive
$242,500
● House - Off Market

115 Scotchpine Drive

Islandia, NY 11749
bedrooms
5 Beds
bathrooms
2 Baths
$430,655
RealtyHop Estimate
72.27%
Since May 1, 2016
National-US
Primary Model
Unit Size
-
Days on Market
-
Land Size
0.25 acres
Price per sqft
-
Property Type
House
Property Taxes
$775
HOA Dues
-
Year Built
-

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 #ONE2824106)

Price History

Date / Event Date Event Price
Jun 27, 2023 Sold
Premium
Sold
Apr 28, 2023 Sold
Premium
Sold
Feb 26, 2023 In contract -
In contract
Feb 20, 2023 Price Decreased $480,000
↓ $10K (2%)
Price Decreased
Jan 17, 2023 Listed by Shine Realty Group $490,000
Listed by Shine Realty Group
Show More

Property Highlights

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: 10,890
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 750
  • 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: 0000000250
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: X2229128Y212467 T013H00000000

Neighborhood

  • School District Name: Central Islip Union Free School District
  • School Tax School District: CENTRAL ISLIP
  • Census Tract: 145804

Zoning

  • Zoning: NULL

Geography

  • District: 0504-0
  • Section: 50.401
  • Parcel: 0504-013.00-02.00-008.000
  • Block: 3000
  • Lot: 200.008
  • Municipality: ISLIP
  • Latitude: 40.8058
  • Longitude: -73.1719

    Address

  • Full Address: 115 Split Cedar Dr
  • Address - House Number: 115
  • Address - Street Name: Split Cedar
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Islandia
  • Carrier Code: C047
  • 4-Digit Zip Code: 1629
  • Zip Code: 11749

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $764,742
  • Tax Rate Code Area: 472813

    Appraisal Valuation

  • Standard Deviation: 0.2147
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 70
  • Final Value: 537,659
  • High Value: 653,143
  • Low Value: 422,175

    Market Valuation

  • Market Total Value: $401,099
  • Market Land Value: $109,890
  • Market Improvement Value: $291,209

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $29,200
  • Assessed Land Value: $8,000
  • Assessed Improvements Value: $21,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 13, 1996
  • Current Sale Recording Date: Sep 24, 1996
  • 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 Islandia

Stats & Trends

Median Asking:

$604,500

Sale Price/ft²

$364

Below Asking

0.01%

Average Days on Market

72

Average Home Size

1950 ft²

Average Home Age

45.6 years

Currently For Sale

8 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 3 Cleveland Street, Nesconset, NY, 11767

$6,500 /mo

  • 5 Beds
  • 3 Baths
  • 3,752 ft²
3 Cleveland Street, Nesconset, NY, 11767 Listing by Edwin Murillo

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 115 Scotchpine Drive built and last sold?
The property at 115 Scotchpine Drive was built in and last sold on Sep 13, 1996 for $116,000.
How much is this home worth?
The estimated value of the home located at 115 Scotchpine Drive is $0.
What are some comparable homes to 115 Scotchpine Drive?
There are currently no comparable homes to 115 Scotchpine Drive.
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