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Islip 11751 Islip
1598 Spur Drive
$470,000
● House - Off Market

1598 Spur Drive

Islip, NY 11751
bedrooms
4 Beds
bathrooms
2 Baths
$559,564
RealtyHop Estimate
24.35%
Since Apr 1, 2021
National-US
Primary Model

About This Property

Expansive 4 Bedroom, 2 Full Bath Home With Circular Driveway on Fully Fenced 1/2 Acre in Islip Schools. Living Room with Wood Burning Fireplace. Hardwood Floors on First Floor in Main Living Area. Large Den with Andersen Window Wall and 2 Sets of Andersen Sliders Leading to Screened Porch & Southern Facing Deck on Main Level. Upper Level Offers Great Living Space Including a Large Great Room with Cabinetry And Access to Upper Deck, 2 Large Bedrooms & Full Bath w/Laundry.  Fun Property Features A Retro Partially Finished Basement with Bar and Loft Area in Garage Space. Home Sold In "As Is" Condition. Very Flexible Floor Plan. Bring Your Imagination and Your Paintbrush.
Unit Size
-
Days on Market
101 days
Land Size
0.50 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,056
HOA Dues
-
Year Built
1964

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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: 3 years ago (OneKey MLS #ONE3275232)

Price History

Date / Event Date Event Price
Jun 29, 2021 Sold
Premium
Sold
Mar 25, 2021 Sold
Premium
Sold
Dec 31, 2020 In contract -
In contract
Dec 14, 2020 Listed by Keller Williams Realty Elite $450,000
Listed by Keller Williams Realty Elite

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 31
  • 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: 240
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,780
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 1,100
  • Total Building Area: 2,812
  • Building Area: 2,344
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,344
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COLUMBUS PARK
  • Land Acres: 0000000500
  • Standard Land Use Code: 1101
  • County Land Use Code: 220
  • Legal Description 1: X2219363Y193433 T045H00000000

Neighborhood

  • School District Name: Islip Union Free School District
  • School Tax School District: ISLIP
  • Census Tract: 146206

Zoning

  • Zoning: AA

Geography

  • District: 0500-2
  • Section: 50.25
  • Parcel: 0500-250.00-02.00-017.000
  • Lot: 200.017
  • Municipality: ISLIP
  • Latitude: 40.754
  • Longitude: -73.2079

    Address

  • Full Address: 1598 Spur Dr S
  • Address - House Number: 1598
  • Street Segment Direction: S
  • Address - Street Name: Spur
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Islip
  • Carrier Code: C010
  • 4-Digit Zip Code: 1214
  • Zip Code: 11751

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,304,925
  • Tax Rate Code Area: 472802

    Appraisal Valuation

  • Standard Deviation: 0.2398
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 66
  • Final Value: 580,089
  • High Value: 719,204
  • Low Value: 440,974

    Market Valuation

  • Market Total Value: $572,803
  • Market Land Value: $174,451
  • Market Improvement Value: $398,352

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $41,700
  • Assessed Land Value: $12,700
  • Assessed Improvements Value: $29,000

    Sales

  • Current Sale Contract Date: Mar 25, 2021
  • Current Sale Recording Date: Jun 29, 2021
  • Current Sale Price:
    Premium
  • Current 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

$406

Below Asking

0.01%

Average Days on Market

87

Average Home Size

1377 ft²

Average Home Age

69.9 years

Currently For Sale

28 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 53 Mowbray Avenue, Bay Shore, NY, 11706

$5,500 /mo

  • 3 Beds
  • 2 Baths
  • 2,040 ft²
53 Mowbray Avenue, Bay Shore, NY, 11706 Listing by Nicholas Campasano
Unit for rent at 7 Suffolk Lane, East Islip, NY, 11730

$5,500 /mo

  • 4 Beds
  • 2 Baths
  • 1,731 ft²
7 Suffolk Lane, East Islip, NY, 11730 Listing by Sean Darbyshire RENE

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 3 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 1598 Spur Drive South built and last sold?
The property at 1598 Spur Drive South was built in 1964 and last sold on Mar 25, 2021 for $470,000.
How much is this home worth?
The estimated value of the home located at 1598 Spur Drive South is $454,500.
What are some comparable homes to 1598 Spur Drive South?
There are currently no comparable homes to 1598 Spur Drive South.
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