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Islip 11751 Islip
185 Cedar Avenue
$819,000
● House - Off Market

185 Cedar Avenue

Islip, NY 11751
bedrooms
4 Beds
bathrooms
3 Baths
$923,457
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

This South of Montauk Farm ranch is gorgeous! Stunning  Formal Dinning room, Great room with real wood burning fireplace. Sprawling updated granite/stainless kitchen. Baths updated. Custom moldings. Central Air.  Oversized backyard w/ saltwater heated inground pool/The  fireplace and stonework is straight out of a magazine! Surprisingly LOW Taxes are an added bonus for 1/2 Acre! (.49 to be exact) Do not miss your chance to make this picture perfect property your own....
Unit Size
-
Days on Market
106 days
Land Size
0.49 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,294
HOA Dues
-
Year Built
1957

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: 3 years ago (OneKey MLS #ONE3295923)

Price History

Date / Event Date Event Price
Nov 5, 2021 Sold
Premium
Sold
Jul 2, 2021 Sold
Premium
Sold
Mar 18, 2021 Listed by Meg Smith & Associates $799,000
Listed by Meg Smith & Associates
Jul 28, 2004 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • 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: 504
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,344
  • Lot Size Frontage Feet: 1,110
  • Total Building Area: 2,683
  • Building Area: 2,179
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,179
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000490
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: X2216844Y181507 T059H00000000

Neighborhood

  • School District Name: Islip Union Free School District
  • School Tax School District: ISLIP
  • Census Tract: 147402

Zoning

  • Zoning: AA

Geography

  • District: 0500-4
  • Section: 50.42
  • Parcel: 0500-422.00-02.00-015.000
  • Block: 2000
  • Lot: 200.015
  • Municipality: ISLIP
  • Latitude: 40.7212
  • Longitude: -73.2173

    Address

  • Full Address: 185 Cedar Ave
  • Address - House Number: 185
  • Address - Street Name: Cedar
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Islip
  • Carrier Code: C005
  • 4-Digit Zip Code: 4610
  • Zip Code: 11751

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,692,121
  • Tax Rate Code Area: 472802

    Appraisal Valuation

  • Standard Deviation: 0.2495
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 64
  • Final Value: 626,370
  • High Value: 782,681
  • Low Value: 470,058

    Market Valuation

  • Market Total Value: $712,912
  • Market Land Value: $217,033
  • Market Improvement Value: $495,879

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $51,900
  • Assessed Land Value: $15,800
  • Assessed Improvements Value: $36,100

    Sales

  • Current Sale Contract Date: Oct 19, 2021
  • Current Sale Recording Date: Nov 05, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jul 28, 2004
  • Previous Sale Contract Date: Jun 11, 2004
  • Previous Sale Amount: $579,000
  • Previous Sale Document Type: 12
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:

$644,500

Sale Price/ft²

$407

Below Asking

0.01%

Average Days on Market

87

Average Home Size

1481 ft²

Average Home Age

66.7 years

Currently For Sale

36 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 2 Somerset Avenue, East Islip, NY, 11730

$1,900 /mo

  • Studio
  • 1 Bath
  • 198 ft²
2 Somerset Avenue #APT3, East Islip, NY, 11730 Listing by Jamie C. Winkler
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

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 185 Cedar Avenue built and last sold?
The property at 185 Cedar Avenue was built in 1957 and last sold on Oct 19, 2021 for $390,000.
How much is this home worth?
The estimated value of the home located at 185 Cedar Avenue is $783,659.
What are some comparable homes to 185 Cedar Avenue?
There are currently no comparable homes to 185 Cedar Avenue.
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