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East Islip 11730 East Islip
136 The Helm
$2,000,000
● House - Off Market

136 The Helm

Islip, NY 11730
bedrooms
5 Beds
bathrooms
3 Baths, 2 Half Baths
square feet
7,000 Ft²
$3,739,586
RealtyHop Estimate
49.58%
Since Apr 1, 2019
National-US
Primary Model

About This Property

Price Just Reduced 500K!* Must See To Believe. Welcome To The Moorings. A One-Of-A-Kind Contemporary Sitting On 1.2 Acres With Nearly 7,000 Sq. Ft. Of Living Space Set On 400 Feet Of Lagoon Front Bulk Heading. Enjoy Paradise In Your Own Backyard And Enjoy The Rooftop Jacuzzi To Watch Every Sunrise And Sunset Overlooking The Great South Bay.  This Home Has It All: Pool,Jacuzzi, Cabana Bar W/Full Bath & Outdoor Shower. 3 Car Garage Plus 1 Car Attached Garage., Additional information: Appearance:Diamond,ExterioFeatures:Tennis,Separate Hotwater Heater:Yes
Unit Size
7,000 Ft²
Days on Market
-
Land Size
1.21 acres
Price per sqft
$357
Property Type
House
Property Taxes
$3,493
HOA Dues
-
Year Built
1996

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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: 4 months ago (OneKey MLS #KEYL3060864)

Price History

Date / Event Date Event Price
Dec 8, 2025 Sold
Premium
Sold
Jul 30, 2025 In contract -
In contract
Apr 28, 2025 Listed by Netter Real Estate Inc $3,250,000
Listed by Netter Real Estate Inc
Welcome To The Moorings. A One-Of-A-Kind Contemporary Sitting On 1.2 Acres With Nearly 7,000 Sq. Ft. Of Living Space Set On 400 Feet Of Lagoon Front Bulk Heading. Enjoy Paradise In Your Own Backyard And Enjoy The Rooftop Jacuzzi To Watch Every Sunrise And Sunset Overlooking The Great South Bay. This Home Has It All: Pool,Jacuzzi, Cabana Bar W/Full Bath & Outdoor Shower. 3 Car Garage Plus 1 Car Attached Garage., Additional information: Appearance:Diamond,ExterioFeatures:Tennis,Separate Hotwater Heater:Yes
Apr 9, 2019 Sold
Premium
Sold
Aug 31, 2018 No longer available -
No longer available
Show More

Property Highlights

Garage
Air Conditioning
With View
Fireplace

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • 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: 960
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 52,708
  • Lot Size Frontage Feet: 1,430
  • Total Building Area: 8,241
  • Building Area: 6,839
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 6,839
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAP THE MOORINGS SECTION 5
  • Land Acres: 0000001210
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: X2221582Y177423 T070H00000000

Neighborhood

  • School District Name: East Islip Union Free School District
  • School Tax School District: EAST ISLIP
  • Census Tract: 147504

Zoning

  • Zoning: AAA278

Geography

  • District: 0500-4
  • Section: 50.46
  • Parcel: 0500-464.00-01.00-013.000
  • Block: 4000
  • Lot: 100.013
  • Municipality: ISLIP
  • Latitude: 40.7098
  • Longitude: -73.2003

    Address

  • Full Address: 136 The Helm
  • Address - House Number: 136
  • Address - Street Name: The Helm
  • State: NY
  • City Name: East Islip
  • Carrier Code: C018
  • 4-Digit Zip Code: 2918
  • Zip Code: 11730

Valuation

    Tax

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

    Appraisal Valuation

  • Standard Deviation: 0.2389
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 66
  • Final Value: 1,877,403
  • High Value: 2,325,935
  • Low Value: 1,428,870

    Market Valuation

  • Market Total Value: $2,074,176
  • Market Land Value: $537,088
  • Market Improvement Value: $1,537,088

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $151,000
  • Assessed Land Value: $39,100
  • Assessed Improvements Value: $111,900

    Sales

  • Current Sale Contract Date: Mar 29, 2019
  • Current Sale Recording Date: Apr 09, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Mar 14, 2003
  • Previous Sale Contract Date: Mar 04, 2003
  • Previous Sale Amount: $2,050,000
  • 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 East Islip

Stats & Trends

Median Asking:

$725,000

Sale Price/ft²

$442

Above Asking

0.00%

Average Days on Market

83

Average Home Size

2439 ft²

Average Home Age

65 years

Currently For Sale

22 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

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OneKey

Last Updated: 4 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 136 The Helm built and last sold?
The property at 136 The Helm was built in 1996 and last sold on Mar 29, 2019 for $2,060,000.
How much is this home worth?
The estimated value of the home located at 136 The Helm is $3,184,563.
What are some comparable homes to 136 The Helm?
There are currently no comparable homes to 136 The Helm.
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