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Islandia 11749 Islandia
124 Split Cedar Drive
$269,000
● House - Off Market

124 Split Cedar Drive

Islip, NY 11749
bedrooms
5 Beds
bathrooms
2 Baths
$518,589
RealtyHop Estimate
85.87%
Since Jul 1, 2014
National-US
Primary Model
Unit Size
-
Days on Market
-
Land Size
0.26 acres
Price per sqft
-
Property Type
House
Property Taxes
$801
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #KEYL2643465)

Price History

Date / Event Date Event Price
Oct 24, 2022 Relisted $499,999
Relisted
Oct 24, 2022 Withdrawn -
Withdrawn
Sep 30, 2022 Relisted $499,999
Relisted
Sep 22, 2022 In contract -
In contract
Aug 22, 2022 Listed by Exit Realty Island Elite $499,999
Listed by Exit Realty Island Elite
Show More

Property Highlights

Garage

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
  • Subdivision: SILVERLEAF
  • Land Acres: 0000000250
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: X2228936Y212624 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: 0504-013.00-01.00-126.000
  • Block: 3000
  • Lot: 100.126
  • Municipality: ISLIP
  • Latitude: 40.8063
  • Longitude: -73.1727

    Address

  • Full Address: 124 Split Cedar Dr
  • Address - House Number: 124
  • Address - Street Name: Split Cedar
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Islandia
  • Carrier Code: C047
  • 4-Digit Zip Code: 1627
  • Zip Code: 11749

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,012,790
  • Tax Rate Code Area: 472813

    Appraisal Valuation

  • Standard Deviation: 0.1442
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 82
  • Final Value: 488,452
  • High Value: 558,920
  • Low Value: 417,984

    Market Valuation

  • Market Total Value: $515,110
  • Market Land Value: $109,890
  • Market Improvement Value: $405,220

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $37,500
  • Assessed Land Value: $8,000
  • Assessed Improvements Value: $29,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 10, 2014
  • Current Sale Recording Date: Jul 02, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Previous Sale Recording Date: Jul 29, 2013
  • Previous Sale Contract Date: Jul 11, 2013
  • Previous Sale Amount: $134,849
  • Previous Sale Document Type: 12
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:

$599,999

Sale Price/ft²

$360

Below Asking

0.01%

Average Days on Market

91

Average Home Size

1929 ft²

Average Home Age

50.8 years

Currently For Sale

6 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

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 4 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 124 Split Cedar Drive built and last sold?
The property at 124 Split Cedar Drive was built in and last sold on Jun 10, 2014 for $269,000.
How much is this home worth?
The estimated value of the home located at 124 Split Cedar Drive is $0.
What are some comparable homes to 124 Split Cedar Drive?
There are currently no comparable homes to 124 Split Cedar Drive.
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