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Islip 11751 Islip
2 Weldon Street
Photo of 2 Weldon Street
Sold on Apr 11, 2025

13

Map

Photo of 2 Weldon Street
Photo of 2 Weldon Street
$610,000
● House - Off Market

2 Weldon Street

Islip, NY 11751
bedrooms
5 Beds
bathrooms
2 Baths
$4,196
Est. Monthly
11.02%
Cap Rate

About This Property

Great 5 bedroom/2 full bath raised ranch in the Islip School District offers plenty of space for all!   Upper-level sunroom has full walls of windows to bring in an abundance of natural light and can be set up for a multitude of uses.  Lower-level is perfect for entertaining guests.  Bring your personal touch to make this house your home!, Additional information: Appearance:Very Good
Unit Size
-
Days on Market
207 days
Land Size
0.26 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,004
HOA Dues
-
Year Built
975

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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: 4 months ago (OneKey MLS #KEYL3579056)

Price History

Date / Event Date Event Price
Apr 11, 2025 Sold
Premium
Sold
Dec 31, 2024 In contract -
In contract
Sep 16, 2024 Listed by Michael J Watts & Assoc Inc $649,990
Listed by Michael J Watts & Assoc Inc

Property Highlights

Building Info

Overview

    General

  • Year Built: 975
  • Building Count: 38
  • Floor Count: 18
  • Total Unit Count: 8,088
  • Residential Unit Count: 8,018
  • Basement Type: 0

    Dimensions

  • Lot Area Sqft: 4,231,466
  • Lot Size Depth Feet: 103
  • Lot Size Frontage Feet: 200
  • Gross Building Area: 4,786,701

    Building Floor Area

  • Residential Building Floor Area: 3,739,745
  • Commercial Building Floor Area: 1,046,956
  • Office Building Floor Area: 7,496
  • Garage Building Floor Area: 406,500
  • Retail Building Floor Area: 537,154
  • Other Building Floor Area: 95,806

    Floor Area Ratio

  • Built Floor Area Ratio: 1
  • Residential Floor Area Ratio: 3
  • Facilities Floor Area Ratio: 7

Building

  • Building Type: D4
  • Lot Type: 7
  • Land Use: 03
  • Irregular Lot Code: Y
  • Easements: 1

Neighborhood

  • Community District: 108
  • City Council District: 5
  • Landmark Name: INDIVIDUAL LANDMARK
  • Police Precinct: 114
  • Fire Company: E260
  • Health Area: 8300
  • Sanitation District Borough: 1
  • School District: 02

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: R7-2

Geography

  • Borough Name: MN
  • Borough Code: 1
  • Block: 1373
  • Lot: 1
  • Borough Block Lot: 1013730001

    Address

  • Full Address: 40 River Road
  • Zip Code: 10044

Valuation

    Assessments Valuation

  • Assessed Total Value: $443,556,000
  • Assessed Land Value: $134,506,350

    Exemptions

  • Exempt Total Value: $443,556,000
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

1491 ft²

Average Home Age

65.7 years

Currently For Sale

35 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: 4 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 2 Weldon Street built and last sold?
The property at 2 Weldon Street was built in 975 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 2 Weldon Street is $0.
What are some comparable homes to 2 Weldon Street?
There are currently no comparable homes to 2 Weldon Street.
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