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Islip 11751 Islip
20 Chestnut Street
$442,000
● House - Off Market

20 Chestnut Street

Islip, NY 11751
bedrooms
4 Beds
bathrooms
2 Baths
$346,614
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

Nice cape home ready for you to make it your own!  Centrally located with everything you could want or need close by!.  Enjoy Suffolk County living - just in time for the Summer!  Don't miss this opportunity!
Unit Size
-
Days on Market
71 days
Land Size
0.19 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,051
HOA Dues
-
Year Built
1991

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 #ONE3311882)

Price History

Date / Event Date Event Price
Oct 21, 2021 Sold
Premium
Sold
Jul 21, 2021 Sold
Premium
Sold
Jun 3, 2021 Sold
Premium
Sold
May 16, 2021 No longer available -
No longer available
May 11, 2021 Listed by Coldwell Banker American Homes $299,900
Listed by Coldwell Banker American Homes
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,276
  • Lot Size Frontage Feet: 670
  • Total Building Area: 1,662
  • Building Area: 1,662
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,662
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000190
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: T058H00000000

Neighborhood

  • School District Name: Islip Union Free School District
  • School Tax School District: ISLIP
  • Census Tract: 147401

Zoning

  • Zoning: B

Geography

  • District: 0500-3
  • Section: 50.37
  • Parcel: 0500-370.00-02.00-069.004
  • Lot: 200.069
  • Municipality: ISLIP
  • Latitude: 40.7314
  • Longitude: -73.2122

    Address

  • Full Address: 20 Chestnut St
  • Address - House Number: 20
  • Address - Street Name: Chestnut
  • Address - Suffix Type: St
  • State: NY
  • City Name: Islip
  • Carrier Code: C011
  • 4-Digit Zip Code: 3507
  • Zip Code: 11751

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,425,709
  • Tax Rate Code Area: 472802

    Appraisal Valuation

  • Standard Deviation: 0.2304
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 68
  • Final Value: 595,800
  • High Value: 733,125
  • Low Value: 458,475

    Market Valuation

  • Market Total Value: $535,715
  • Market Land Value: $126,374
  • Market Improvement Value: $409,341

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $39,000
  • Assessed Land Value: $9,200
  • Assessed Improvements Value: $29,800

    Sales

  • Current Sale Recording Date: Oct 21, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jun 03, 2021
  • Previous Sale Contract Date: Jan 15, 2021
  • Previous Sale Amount: $376,000
  • Previous Sale Document Type: 64
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

$406

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

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OneKey

Last Updated: 3 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 20 Chestnut Street built and last sold?
The property at 20 Chestnut Street was built in 1991 and last sold on Jan 1, 1970 for $442,000.
How much is this home worth?
The estimated value of the home located at 20 Chestnut Street is $302,899.
What are some comparable homes to 20 Chestnut Street?
There are currently no comparable homes to 20 Chestnut Street.
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