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Islip 11706 Islip
156 Buffalo Avenue
$320,000
● House - Off Market

156 Buffalo Avenue

Islip, NY 11751
bedrooms
3 Beds
bathrooms
1 Bath
$512,781
RealtyHop Estimate
57.78%
Since Feb 1, 2018
National-US
Primary Model

About This Property

Beautifully Updated 3Br Ranch With Eik W/Oak Cabs & Granite Counters, Andersen Windows, Pergo Floors, Hi Hats, Brand New Gorgeous Bathroom, Maytag Front Loader Washer & Dryer, Custom Paint & Moldings, French Door, 200 Amp Electric, Newer Roof, Newer Heating System, New Cedar Illusions Vinyl, 1 Car Det & 1 Car Att Garage, Nicely Landscaped, A Must See!, Additional information: Appearance:Mint+++,Separate Hotwater Heater:N
Unit Size
-
Days on Market
-
Land Size
0.23 acres
Price per sqft
-
Property Type
House
Property Taxes
$956
HOA Dues
-
Year Built
1976

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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 #KEYL2976728)

Price History

Date / Event Date Event Price
Mar 26, 2018 Sold
Premium
Sold
Feb 15, 2018 Sold
Premium
Sold
Oct 5, 2017 Listed by H & G Realty New York $324,996
Listed by H & G Realty New York

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • 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: 676
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,019
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,872
  • Building Area: 1,196
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,196
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: X2213872Y186575 T042H00000000

Neighborhood

  • School District Name: Islip Union Free School District
  • School Tax School District: ISLIP
  • Census Tract: 147401

Zoning

  • Zoning: B

Geography

  • District: 0500-3
  • Section: 50.34
  • Parcel: 0500-343.00-02.00-109.002
  • Block: 3000
  • Lot: 200.109
  • Municipality: ISLIP
  • Latitude: 40.7351
  • Longitude: -73.2279

    Address

  • Full Address: 156 Buffalo Ave
  • Address - House Number: 156
  • Address - Street Name: Buffalo
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Islip
  • Carrier Code: C002
  • 4-Digit Zip Code: 2317
  • Zip Code: 11751

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 472802

    Appraisal Valuation

  • Standard Deviation: 0.2355
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 67
  • Final Value: 698,296
  • High Value: 862,779
  • Low Value: 533,814

    Market Valuation

  • Market Total Value: $526,099
  • Market Land Value: $107,143
  • Market Improvement Value: $418,956

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $38,300
  • Assessed Land Value: $7,800
  • Assessed Improvements Value: $30,500

    Sales

  • Current Sale Contract Date: Jan 27, 2018
  • Current Sale Recording Date: Mar 26, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Feb 15, 2018
  • Previous Sale Contract Date: Jan 25, 2018
  • Previous Sale Amount: $320,000
  • 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 Islip

Stats & Trends

Median Asking:

$649,000

Sale Price/ft²

$403

Below Asking

0.01%

Average Days on Market

84

Average Home Size

1195 ft²

Average Home Age

66.9 years

Currently For Sale

29 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 584 Main Street, Islip, NY, 11751

$3,150 /mo

  • 1 Bed
  • 1 Bath
  • 620 ft²
584 Main Street #1, Islip, NY, 11751 Listing by Sean Darbyshire RENE
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 55 Pinebrook Place, Bay Shore, NY, 11706

$2,275 /mo

  • 1 Bed
  • 1 Bath
  • 835 ft²
55 Pinebrook Place, Bay Shore, NY, 11706 Listing by Deana Herrick McCreery CBR

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 156 Buffalo Avenue built and last sold?
The property at 156 Buffalo Avenue was built in 1976 and last sold on Jan 27, 2018 for $555,000.
How much is this home worth?
The estimated value of the home located at 156 Buffalo Avenue is $328,246.
What are some comparable homes to 156 Buffalo Avenue?
There are currently no comparable homes to 156 Buffalo Avenue.
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