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Bay Shore 11706 Bay Shore
1387 Potter Boulevard
$315,000
● House - Off Market

1387 Potter Boulevard

Islip, NY 11706
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,400 Ft²
$501,730
RealtyHop Estimate
54.85%
Since Apr 1, 2018
National-US
Primary Model

About This Property

Lovely Expanded Ranch With New Gas Heat,  New Roof, Legally Converted Garage To Den And 4th Bedroom.  8 Year Old Eat-In-Kitchen And Full Bath, Hw Floors Throughout, Large Master Br, Deck/Patio On Large 100 X 150 Property.  Note Taxes Are 16/17 Year., Additional information: Appearance:Mint,Interior Features:Lr/Dr,Separate Hotwater Heater:0
Unit Size
1,400 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$231
Property Type
House
Property Taxes
$854
HOA Dues
-
Year Built
1955

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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 #KEYL2991766)

Price History

Date / Event Date Event Price
Mar 15, 2018 Sold
Premium
Sold
Dec 17, 2017 Listed by Eric G Ramsay Jr Assoc LLC $324,000
Listed by Eric G Ramsay Jr Assoc LLC
Aug 10, 1999 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • 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: 14,810
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,494
  • Building Area: 1,494
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,494
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000340
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: X2201477Y187712 T037H00000000

Neighborhood

  • School District Name: Bay Shore Union Free School District
  • School Tax School District: BAY SHORE
  • Census Tract: 145903

Zoning

  • Zoning: A

Geography

  • District: 0500-3
  • Section: 50.31
  • Parcel: 0500-314.00-01.00-085.000
  • Block: 4000
  • Lot: 100.085
  • Municipality: ISLIP
  • Latitude: 40.7386
  • Longitude: -73.2726

    Address

  • Full Address: 1387 Potter Blvd
  • Address - House Number: 1387
  • Address - Street Name: Potter
  • Address - Suffix Type: Blvd
  • State: NY
  • City Name: Bay Shore
  • Carrier Code: C012
  • 4-Digit Zip Code: 4816
  • Zip Code: 11706

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,072,850
  • Tax Rate Code Area: 472801

    Appraisal Valuation

  • Standard Deviation: 0.2519
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 64
  • Final Value: 549,379
  • High Value: 687,786
  • Low Value: 410,973

    Market Valuation

  • Market Total Value: $465,659
  • Market Land Value: $107,143
  • Market Improvement Value: $358,516

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $33,900
  • Assessed Land Value: $7,800
  • Assessed Improvements Value: $26,100

    Sales

  • Current Sale Contract Date: Jul 26, 1999
  • Current Sale Recording Date: Aug 10, 1999
  • Current Sale Price:
    Premium
  • Current 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 Bay Shore

Stats & Trends

Median Asking:

$625,000

Sale Price/ft²

$401

Above Asking

0.00%

Average Days on Market

82

Average Home Size

2047 ft²

Average Home Age

73 years

Currently For Sale

32 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: 5 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 1387 Potter Boulevard built and last sold?
The property at 1387 Potter Boulevard was built in 1955 and last sold on Jul 26, 1999 for $142,500.
How much is this home worth?
The estimated value of the home located at 1387 Potter Boulevard is $339,898.
What are some comparable homes to 1387 Potter Boulevard?
There are currently no comparable homes to 1387 Potter Boulevard.
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