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Islip 11751 Islip
187 Smith Avenue
Photo of 187 Smith Avenue
Sold on Sep 15, 2025

15

Map

Photo of 187 Smith Avenue
Photo of 187 Smith Avenue
$538,000
● House - Off Market

187 Smith Avenue

Islip, NY 11751
bedrooms
3 Beds
bathrooms
2 Baths
$3,532
Est. Monthly
6.26%
Cap Rate

About This Property

Cozy 3 bedroom Cape. South of Montauk in Islip.  Close to Main Street, Shopping and Dining. Low Taxes.
Unit Size
-
Days on Market
95 days
Land Size
0.15 acres
Price per sqft
-
Property Type
House
Property Taxes
$831
HOA Dues
-
Year Built
1950

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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 #KEY872279)

Price History

Date / Event Date Event Price
Sep 15, 2025 Sold
Premium
Sold
Jul 23, 2025 In contract -
In contract
Jun 30, 2025 Relisted $550,000
Relisted
Jun 25, 2025 In contract -
In contract
Jun 2, 2025 Listed by Coldwell Banker American Homes $550,000
Listed by Coldwell Banker American Homes

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1950
  • First Altered Year: 1988
  • Building Count: 13
  • Floor Count: 17
  • Total Unit Count: 1,947
  • Residential Unit Count: 1,934
  • Basement Type: 0

    Dimensions

  • Lot Area Sqft: 781,000
  • Lot Size Depth Feet: 978
  • Lot Size Frontage Feet: 689
  • Building Depth: 167
  • Building Frontage: 121
  • Gross Building Area: 1,264,820

    Building Floor Area

  • Residential Building Floor Area: 1,250,820
  • Commercial Building Floor Area: 14,000
  • Retail Building Floor Area: 14,000

    Floor Area Ratio

  • Built Floor Area Ratio: 2
  • Residential Floor Area Ratio: 3
  • Facilities Floor Area Ratio: 7

Building

  • Building Type: D6
  • Lot Type: 1
  • Land Use: 04
  • Irregular Lot Code: Y
  • Proximity Code: 1
  • Extension Code: N

Neighborhood

  • Community District: 103
  • City Council District: 1
  • Police Precinct: 5
  • Fire Company: E009
  • Health Area: 7800
  • Sanitation District Borough: 1
  • Sanitation Subsection: 1A
  • School District: 02

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: R7-2
  • Zoning Commercial Overlay 1: C1-5

Geography

  • Borough Name: MN
  • Borough Code: 1
  • Block: 111
  • Lot: 100
  • Borough Block Lot: 1001110100

    Address

  • Full Address: 20 Madison Street
  • Zip Code: 10038

Valuation

    Assessments Valuation

  • Assessed Total Value: $72,655,200
  • Assessed Land Value: $29,880,450

    Exemptions

  • Exempt Total Value: $72,655,200
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

$408

Below Asking

0.01%

Average Days on Market

85

Average Home Size

1538 ft²

Average Home Age

69 years

Currently For Sale

34 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

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 187 Smith Avenue built and last sold?
The property at 187 Smith Avenue was built in 1950 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 187 Smith Avenue is $0.
What are some comparable homes to 187 Smith Avenue?
There are currently no comparable homes to 187 Smith Avenue.
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