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West Islip 11795 West Islip
188 Malts Avenue
$455,000
● House - Off Market

188 Malts Avenue

Islip, NY 11795
bedrooms
5 Beds
bathrooms
2 Baths
square feet
1,664 Ft²
$644,863
RealtyHop Estimate
46.56%
Since Oct 1, 2019
National-US
Primary Model

About This Property

Lovely Updated & Expanded Ranch Home w/1,664 Sq Ft on 75' x 198' Fenced Parcel w/Trex Deck, 26' Round AG Pool & 10' x 14' Shed.Living Room, Kitchen w/Pine Cabinets & Granite Countertops, Dining Room w/Sliding Doors to Backyard, 3 Bedrooms & Full Bath on One Side with Sunken Den w/Brick Fpl, MBR, 5th BR, 2nd Full Bath & Laundry Room on Other Side.Det 1-Car Garage. Gas Hot Air Heat & CAC., Additional information: Appearance:Mint,Separate Hotwater Heater:Gas
Unit Size
1,664 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$264
Property Type
House
Property Taxes
$1,014
HOA Dues
-
Year Built
1955

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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 #KEYL3142382)

Price History

Date / Event Date Event Price
Oct 29, 2019 Sold
Premium
Sold
Sep 26, 2019 Sold
Premium
Sold
Jul 9, 2019 In contract -
In contract
Jun 27, 2019 Listed by Winkler Real Estate Inc $439,990
Listed by Winkler Real Estate Inc

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • 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: 4
  • Garage Square Area: 300
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,810
  • Lot Size Depth Feet: 750
  • Lot Size Frontage Feet: 2,000
  • Total Building Area: 1,964
  • Building Area: 1,664
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,664
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000340
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: X2196435Y181620 T036H00000000

Neighborhood

  • School District Name: West Islip Union Free School District
  • School Tax School District: WEST ISLIP
  • Census Tract: 146800

Zoning

  • Zoning: A

Geography

  • District: 0500-3
  • Section: 50.38
  • Parcel: 0500-389.00-02.00-051.000
  • Block: 9000
  • Lot: 200.051
  • Municipality: ISLIP
  • Latitude: 40.7219
  • Longitude: -73.2908

    Address

  • Full Address: 188 Malts Ave
  • Address - House Number: 188
  • Address - Street Name: Malts
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: West Islip
  • Carrier Code: C030
  • 4-Digit Zip Code: 2512
  • Zip Code: 11795

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,245,972
  • Tax Rate Code Area: 472809

    Appraisal Valuation

  • Standard Deviation: 0.2264
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 68
  • Final Value: 647,525
  • High Value: 794,175
  • Low Value: 500,875

    Market Valuation

  • Market Total Value: $579,671
  • Market Land Value: $115,385
  • Market Improvement Value: $464,286

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $42,200
  • Assessed Land Value: $8,400
  • Assessed Improvements Value: $33,800

    Sales

  • Current Sale Contract Date: Sep 26, 2019
  • Current Sale Recording Date: Oct 29, 2019
  • 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 West Islip

Stats & Trends

Median Asking:

$749,900

Sale Price/ft²

$433

Below Asking

0.01%

Average Days on Market

82

Average Home Size

2221 ft²

Average Home Age

62.7 years

Currently For Sale

38 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 11 Wharf Way, Brooklyn, NY, 11795

$7,500 /mo

  • 2 Beds
  • 2 Baths
11 Wharf Way #702, Brooklyn, NY, 11795 Listing by Mohamed Fathelbab
Unit for rent at 239 Curtin Avenue, West Islip, NY, 11795

$2,400 /mo

  • 1 Bed
  • 1 Bath
  • 800 ft²
239 Curtin Avenue, West Islip, NY, 11795 Listing by George Ortiz
Unit for rent at 41 Pace Drive, North Babylon, NY, 11703

$3,200 /mo

  • 2 Beds
  • 1 Bath
  • 1,114 ft²
41 Pace Drive #APT, North Babylon, NY, 11703 Listing by Angelica R. Cocha CBR

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 188 Malts Avenue built and last sold?
The property at 188 Malts Avenue was built in 1955 and last sold on Sep 26, 2019 for $455,000.
How much is this home worth?
The estimated value of the home located at 188 Malts Avenue is $445,603.
What are some comparable homes to 188 Malts Avenue?
There are currently no comparable homes to 188 Malts Avenue.
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