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Brightwaters 11718 Brightwaters
157 W Concourse
Photo of 157 W Concourse
Sold on Jan 19, 2023

29

Map

Photo of 157 W Concourse
Photo of 157 W Concourse
$835,000
● House - Off Market

157 W Concourse

Islip, NY 11718
bedrooms
3 Beds
bathrooms
3 Baths
$873,352
RealtyHop Estimate
5.86%
Since Feb 1, 2023
National-US
Primary Model

About This Property

Location, Location, Location! Completely Renovated Tudor on the  West Side of the Concourse has all of the Features you Want and Need for Today's Ever Changing Lifestyle! Renovated Kitchen and Baths, Living Room with Fireplace, Generous Sized Formal Dining Room With Water Views. Sunporch for Home Office or Relaxing with French Doors leading to Private Outdoor Patio Overlooking the Concourse. Great Room for Entertaining. Beautiful Landscaped Private Property with Access To Brightwaters Town Boating in Front of your Home! Brightwaters Amenities Include Walker Beach, Summer Camp, Private Security and Garbage, Tennis. A True Gem!, Additional information: Appearance:Mint,Separate Hotwater Heater:Y
Unit Size
-
Days on Market
-
Land Size
0.30 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,662
HOA Dues
-
Year Built
-

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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: 2 years ago (OneKey MLS #KEYL3404511)

Price History

Date / Event Date Event Price
Jan 19, 2023 Sold
Premium
Sold
Oct 25, 2022 In contract -
In contract
Oct 12, 2022 Price Decreased $825,000
↓ $74K (8.2%)
Price Decreased
Sep 30, 2022 Price Decreased $899,000
↓ $51K (5.4%)
Price Decreased
Jul 10, 2022 Price Decreased $950,000
↓ $50K (5%)
Price Decreased
Show More

Property Highlights

Air Conditioning
With View
Fireplace

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: 13,068
  • Lot Size Depth Feet: 1,740
  • 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: AMENDED MAP OF SECTION A
  • Land Acres: 0000000300
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: X2205311Y177504 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: 0501-010.00-02.00-038.000
  • Lot: 200.038
  • Municipality: ISLIP
  • Latitude: 40.7105
  • Longitude: -73.2589

    Address

  • Full Address: 157 Concourse W
  • Address - House Number: 157
  • Street Segment Direction: W
  • Address - Street Name: Concourse
  • State: NY
  • City Name: Brightwaters
  • Carrier Code: C002
  • 4-Digit Zip Code: 2004
  • Zip Code: 11718

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,997,044
  • Tax Rate Code Area: 472801

    Appraisal Valuation

  • Standard Deviation: 0.1442
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 82
  • Final Value: 908,584
  • High Value: 1,039,663
  • Low Value: 777,505

    Market Valuation

  • Market Total Value: $725,806
  • Market Land Value: $142,857
  • Market Improvement Value: $582,949

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $63,000
  • Assessed Land Value: $12,400
  • Assessed Improvements Value: $50,600

    Sales

  • Current Sale Contract Date: May 25, 1999
  • Current Sale Recording Date: Jun 07, 1999
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Previous Sale Recording Date: May 06, 1996
  • Previous Sale Contract Date: Apr 22, 1996
  • Previous Sale Amount: $150,000
  • Previous Sale Document Type: 40
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:

$845,000

Sale Price/ft²

$423

Below Asking

0.02%

Average Days on Market

71

Average Home Size

3015 ft²

Average Home Age

80.8 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 1333 5th Avenue, Bay Shore, NY, 11706

$3,750 /mo

  • 2 Beds
  • 1 Bath
  • 624 ft²
1333 5th Avenue, Bay Shore, NY, 11706 Listing by Alexus Beck

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 2 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 157 Concourse West built and last sold?
The property at 157 Concourse West was built in and last sold on May 25, 1999 for $340,000.
How much is this home worth?
The estimated value of the home located at 157 Concourse West is $0.
What are some comparable homes to 157 Concourse West?
There are currently no comparable homes to 157 Concourse West.
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