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Central Islip 11722 Central Islip
171 Root Avenue
$470,000
● House - Off Market

171 Root Avenue

Central Islip, NY 11722
bedrooms
3 Beds
bathrooms
2 Baths
$543,760
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

Fantastic large Splanch perfect for a family! Centrally located perfect for the average commuter. Master bedroom with 2 closets, large bedrooms, 2 great size full bath. So much more! wont last.. call now!
Unit Size
-
Days on Market
168 days
Land Size
0.18 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,002
HOA Dues
-
Year Built
1974

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: 2 years ago (OneKey MLS #ONE3296315)

Price History

Date / Event Date Event Price
Sep 16, 2021 Sold
Premium
Sold
Jun 24, 2021 In contract -
In contract
Apr 1, 2021 Listed by Signature Premier Properties $479,000
Listed by Signature Premier Properties
May 15, 2006 Sold
Premium
Sold

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • 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: 8
  • Basement Area: 312
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,841
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,518
  • Building Area: 1,518
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,518
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000180
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: X2218285Y204013 T023H00000000

Neighborhood

  • School District Name: Central Islip Union Free School District
  • School Tax School District: CENTRAL ISLIP
  • Census Tract: 146202

Zoning

  • Zoning: B

Geography

  • District: 0500-1
  • Section: 50.14
  • Parcel: 0500-140.00-04.00-044.001
  • Lot: 400.044
  • Municipality: ISLIP
  • Latitude: 40.7829
  • Longitude: -73.2114

    Address

  • Full Address: 171 Root Ave
  • Address - House Number: 171
  • Address - Street Name: Root
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Central Islip
  • Carrier Code: C012
  • 4-Digit Zip Code: 2842
  • Zip Code: 11722

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,232,551
  • Tax Rate Code Area: 472813

    Appraisal Valuation

  • Standard Deviation: 0.2581
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 63
  • Final Value: 590,462
  • High Value: 742,869
  • Low Value: 438,055

    Market Valuation

  • Market Total Value: $537,088
  • Market Land Value: $89,286
  • Market Improvement Value: $447,802

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $39,100
  • Assessed Land Value: $6,500
  • Assessed Improvements Value: $32,600

    Sales

  • Current Sale Contract Date: Sep 16, 2021
  • Current Sale Recording Date: Oct 08, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: May 15, 2006
  • Previous Sale Contract Date: May 04, 2006
  • Previous Sale Amount: $385,000
  • 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 Central Islip

Stats & Trends

Median Asking:

$577,000

Sale Price/ft²

$392

Above Asking

0.00%

Average Days on Market

87

Average Home Size

1702 ft²

Average Home Age

57.7 years

Currently For Sale

45 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 300 Carleton Avenue, Central Islip, NY, 11722

$3,695 /mo

  • 2 Beds
  • 2 Baths
  • 1,108 ft²
300 Carleton Avenue #7213, Central Islip, NY, 11722 Listing by Rita B. Bender

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 171 Root Avenue built and last sold?
The property at 171 Root Avenue was built in 1974 and last sold on Sep 16, 2021 for $470,000.
How much is this home worth?
The estimated value of the home located at 171 Root Avenue is $483,790.
What are some comparable homes to 171 Root Avenue?
There are currently no comparable homes to 171 Root Avenue.
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