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Brightwaters 11718 Brightwaters
128 Concourse E
$710,000
● House - Off Market

128 Concourse E

Islip, NY 11718
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
$867,838
RealtyHop Estimate
33.72%
Since Nov 1, 2020
National-US
Primary Model

About This Property

Make this home on the Concourse your own! Four bedroom, two and a half bath, original Ackerson colonial has so much potential! Inviting front porch overlooking the Grand Canal is perfect for enjoying warm summer nights. Dock your boat in front of your house and enjoy a 20 minute ride to Fire Island. Brightwaters amenities include private garbage collection and security, Walker Beach, more!, Additional information: Appearance:Good,Separate Hotwater Heater:Y
Unit Size
-
Days on Market
-
Land Size
0.36 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,610
HOA Dues
-
Year Built
1915

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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 #KEYL3240950)

Price History

Date / Event Date Event Price
Nov 12, 2020 Sold
Premium
Sold
Aug 8, 2020 Listed by Meg Smith & Associates $649,000
Listed by Meg Smith & Associates
Aug 3, 2007 Sold
Premium
Sold

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1915
  • 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: 4
  • Garage Square Area: 228
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,682
  • Lot Size Frontage Feet: 750
  • Total Building Area: 2,547
  • Building Area: 1,913
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,913
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAP SECTION A PART 2 BRIGHTWATERS
  • Land Acres: 0000000360
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: X2206164Y177304 N H00000000

Neighborhood

  • School District Name: Bay Shore Union Free School District
  • School Tax School District: BAY SHORE
  • Census Tract: 147100

Zoning

  • Zoning: NULL

Geography

  • District: 0501-0
  • Section: 50.101
  • Parcel: 0501-010.00-03.00-010.000
  • Lot: 300.010
  • Municipality: ISLIP
  • Latitude: 40.7099
  • Longitude: -73.256

    Address

  • Full Address: 128 Concourse E
  • Address - House Number: 128
  • Street Segment Direction: E
  • Address - Street Name: Concourse
  • State: NY
  • City Name: Brightwaters
  • Carrier Code: C002
  • 4-Digit Zip Code: 1512
  • Zip Code: 11718

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $256,990
  • Tax Rate Code Area: 472801

    Appraisal Valuation

  • Standard Deviation: 0.2393
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 66
  • Final Value: 892,066
  • High Value: 1,105,565
  • Low Value: 678,567

    Market Valuation

  • Market Total Value: $802,995
  • Market Land Value: $132,488
  • Market Improvement Value: $670,507

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $69,700
  • Assessed Land Value: $11,500
  • Assessed Improvements Value: $58,200

    Sales

  • Current Sale Contract Date: Oct 20, 2020
  • Current Sale Recording Date: Nov 12, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Aug 03, 2007
  • Previous Sale Contract Date: Jul 23, 2007
  • Previous Sale Amount: $820,000
  • 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 Brightwaters

Stats & Trends

Median Asking:

$847,500

Sale Price/ft²

$416

Below Asking

0.02%

Average Days on Market

73

Average Home Size

2388 ft²

Average Home Age

74.8 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 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 327 Brook Avenue, Bay Shore, NY, 11706

$3,025 /mo

  • 2 Beds
  • 1 Bath
  • 900 ft²
327 Brook Avenue #3272B, Bay Shore, NY, 11706 Listing by Michelle Holmes
Unit for rent at 4 Richland Boulevard, Brightwaters, NY, 11718

$2,000 /mo

  • Studio
  • 1 Bath
  • 379 ft²
4 Richland Boulevard #09, Brightwaters, NY, 11718 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 128 Concourse East built and last sold?
The property at 128 Concourse East was built in 1915 and last sold on Oct 20, 2020 for $710,000.
How much is this home worth?
The estimated value of the home located at 128 Concourse East is $655,490.
What are some comparable homes to 128 Concourse East?
There are currently no comparable homes to 128 Concourse East.
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