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West Islip 11795 West Islip
12 Larry Lane
$849,000
● House - Off Market

12 Larry Lane

Islip, NY 11795
bedrooms
6 Beds
bathrooms
3 Baths
$855,610
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

Tremendous Contemporary Colonial with a modern layout on nearly a half acre in SUPER prime location.
Unit Size
-
Days on Market
-
Land Size
0.44 acres
Price per sqft
-
Property Type
House
Property Taxes
$2,115
HOA Dues
-
Year Built
1992

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: 5 months ago (OneKey MLS #KEYL3369715)

Price History

Date / Event Date Event Price
Jul 20, 2022 Sold
Premium
Sold
May 19, 2022 Sold
Premium
Sold
Jan 14, 2022 In contract -
In contract
Jan 14, 2022 Listed by Netter Real Estate Inc $849,000
Listed by Netter Real Estate Inc
Sep 26, 1997 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • 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: 1
  • Garage Square Area: 490
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,166
  • Lot Size Depth Feet: 1,930
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 4,920
  • Building Area: 4,430
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 4,430
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000440
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: T055H00000000

Neighborhood

  • School District Name: West Islip Union Free School District
  • School Tax School District: WEST ISLIP
  • Census Tract: 147001

Zoning

  • Zoning: AA

Geography

  • District: 0500-4
  • Section: 50.47
  • Parcel: 0500-475.00-01.00-012.003
  • Block: 5000
  • Lot: 100.012
  • Municipality: ISLIP
  • Latitude: 40.693
  • Longitude: -73.2804

    Address

  • Full Address: 12 Larry Ln
  • Address - House Number: 12
  • Address - Street Name: Larry
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: West Islip
  • Carrier Code: C021
  • 4-Digit Zip Code: 5112
  • Zip Code: 11795

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 472809

    Appraisal Valuation

  • Standard Deviation: 0.2358
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 67
  • Final Value: 877,343
  • High Value: 1,084,227
  • Low Value: 670,459

    Market Valuation

  • Market Total Value: $976,648
  • Market Land Value: $274,725
  • Market Improvement Value: $701,923

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $71,100
  • Assessed Land Value: $20,000
  • Assessed Improvements Value: $51,100

    Sales

  • Current Sale Contract Date: May 19, 2022
  • Current Sale Recording Date: Jul 20, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Sep 26, 1997
  • Previous Sale Contract Date: Sep 18, 1997
  • Previous Sale Amount: $450,000
  • 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 West Islip

Stats & Trends

Median Asking:

$749,900

Sale Price/ft²

$429

Below Asking

0.01%

Average Days on Market

79

Average Home Size

2187 ft²

Average Home Age

60.8 years

Currently For Sale

38 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 11 Wharf Way, Brooklyn, NY, 11795

$7,500 /mo

  • 2 Beds
  • 2 Baths
11 Wharf Way #702, Brooklyn, NY, 11795 Listing by Mohamed Fathelbab
Unit for rent at 239 Curtin Avenue, West Islip, NY, 11795

$2,400 /mo

  • 1 Bed
  • 1 Bath
  • 800 ft²
239 Curtin Avenue, West Islip, NY, 11795 Listing by George Ortiz
Unit for rent at 29 S Clinton Avenue, Bay Shore, NY, 11706

$2,975 /mo

  • 2 Beds
  • 1 Bath
  • 750 ft²
29 S Clinton Avenue #1, Bay Shore, NY, 11706 Listing by Michelle Holmes

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 5 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 12 Larry Lane built and last sold?
The property at 12 Larry Lane was built in 1992 and last sold on May 19, 2022 for $849,000.
How much is this home worth?
The estimated value of the home located at 12 Larry Lane is $857,490.
What are some comparable homes to 12 Larry Lane?
There are currently no comparable homes to 12 Larry Lane.
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