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Medford 11763 Medford
1705 Phillips Drive
$248,800
● House - Off Market

1705 Phillips Drive

Brookhaven, NY 11763
bedrooms
3 Beds
bathrooms
1 Bath
$443,561
RealtyHop Estimate
77.50%
Since Jan 1, 2016
National-US
Primary Model

About This Property

Updated Home Features Beautiful Hard Wood Floors, New Stainless Steel Appliances, New Kitchen With Granite Counters, New Cabinets, Ceramic Tile Floor And An Updated Bath. Windows Have Been Replaced Along With The Garage Door. One Year Old Burner And Tank. Nothing Left But To Move In., Additional information: Appearance:Mint,Interior Features:Lr/Dr,Separate Hotwater Heater:Oil
Unit Size
-
Days on Market
-
Land Size
0.19 acres
Price per sqft
-
Property Type
House
Property Taxes
$647
HOA Dues
-
Year Built
1965

Payment Calculator

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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 #KEYL2768068)

Price History

Date / Event Date Event Price
Jan 14, 2016 Sold
Premium
Sold
Jun 1, 2015 Listed by Douglas Elliman Real Estate $249,900
Listed by Douglas Elliman Real Estate
Apr 21, 2006 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,276
  • Total Building Area: 1,439
  • Building Area: 1,439
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 1,439
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EAGLE ESTATES
  • Land Acres: 0000000190
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: EAGLE ESTATES 3936 SEC 9 899

Neighborhood

  • School District Name: Patchogue-Medford Union Free School District
  • School Tax School District: PATCHOGUE-MEDFO
  • Census Tract: 158712

Geography

  • Assessors Map Reference: MAP 2603936
  • Account Number: 00002617210
  • District: 0200-6
  • Section: 659.00
  • Parcel: 0200-659.00-03.00-021.000
  • Block: 3
  • Lot: 21.000
  • Municipality: BROOKHAVEN
  • Latitude: 40.8283
  • Longitude: -72.9863

    Address

  • Full Address: 1705 Phillips Dr
  • Address - House Number: 1705
  • Address - Street Name: Phillips
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Medford
  • Carrier Code: C024
  • 4-Digit Zip Code: 1957
  • Zip Code: 11763

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 472224

    Appraisal Valuation

  • Standard Deviation: 0.2782
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 60
  • Final Value: 562,608
  • High Value: 719,156
  • Low Value: 406,060

    Market Valuation

  • Market Total Value: $3,981
  • Market Land Value: $296
  • Market Improvement Value: $3,685

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,150
  • Assessed Land Value: $160
  • Assessed Improvements Value: $1,990

    Sales

  • Current Sale Contract Date: Dec 16, 2015
  • Current Sale Recording Date: Jan 14, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Previous Sale Recording Date: Apr 21, 2006
  • Previous Sale Contract Date: Mar 31, 2006
  • Previous Sale Amount: $310,000
  • 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 Medford

Stats & Trends

Median Asking:

$587,000

Sale Price/ft²

$369

Below Asking

0.01%

Average Days on Market

79

Average Home Size

1590 ft²

Average Home Age

49.1 years

Currently For Sale

48 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 67 Ohio Avenue, Medford, NY, 11763

$3,800 /mo

  • 3 Beds
  • 1 Bath
  • 950 ft²
67 Ohio Avenue, Medford, NY, 11763 Listing by Luc Y. Jacques SFR ABR
Unit for rent at 88 Matsunaye Drive, Medford, NY, 11763

$3,800 /mo

  • 3 Beds
  • 1 Bath
  • 1,133 ft²
88 Matsunaye Drive, Medford, NY, 11763 Listing by Moniqua McCoy

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 1705 Phillips Drive built and last sold?
The property at 1705 Phillips Drive was built in 1965 and last sold on Dec 16, 2015 for $248,400.
How much is this home worth?
The estimated value of the home located at 1705 Phillips Drive is $0.
What are some comparable homes to 1705 Phillips Drive?
There are currently no comparable homes to 1705 Phillips Drive.
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