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Central Islip 11722 Central Islip
203 Cone Avenue
$420,000
● House - Off Market

203 Cone Avenue

Central Islip, NY 11722
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
$457,775
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model

About This Property

Conveniently located. Owner has freshly painted   Spring occupancy but could be out sooner if necessary. Walk to shopping, transportation. Partial new roof, new gate. Gas heat, walk to LIRR.  Converted garage....decking and basketball court in yard. Owner wants simple quick deal.
Unit Size
-
Days on Market
161 days
Land Size
0.17 acres
Price per sqft
-
Property Type
House
Property Taxes
$983
HOA Dues
-
Year Built
1970

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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 #ONE3296504)

Price History

Date / Event Date Event Price
Oct 14, 2021 Sold
Premium
Sold
Aug 27, 2021 Sold
Premium
Sold
Apr 20, 2021 In contract -
In contract
Mar 19, 2021 Listed by Hickey & Smith REALTORS $399,999
Listed by Hickey & Smith REALTORS
May 19, 1999 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • 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: 242
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,405
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,944
  • Building Area: 1,658
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,658
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000170
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: X2217362Y204635 T023H00000000

Neighborhood

  • School District Name: Central Islip Union Free School District
  • School Tax School District: CENTRAL ISLIP
  • Census Tract: 146202

Zoning

  • Zoning: B

Geography

  • District: 0500-1
  • Section: 50.11
  • Parcel: 0500-119.00-02.00-054.000
  • Block: 9000
  • Lot: 200.054
  • Municipality: ISLIP
  • Latitude: 40.7846
  • Longitude: -73.2148

    Address

  • Full Address: 203 Cone Ave
  • Address - House Number: 203
  • Address - Street Name: Cone
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Central Islip
  • Carrier Code: C021
  • 4-Digit Zip Code: 2726
  • Zip Code: 11722

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,187,398
  • Tax Rate Code Area: 472813

    Appraisal Valuation

  • Standard Deviation: 0.2549
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 63
  • Final Value: 542,732
  • High Value: 681,087
  • Low Value: 404,376

    Market Valuation

  • Market Total Value: $516,483
  • Market Land Value: $79,670
  • Market Improvement Value: $436,813

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $37,600
  • Assessed Land Value: $5,800
  • Assessed Improvements Value: $31,800

    Sales

  • Current Sale Contract Date: Aug 26, 2021
  • Current Sale Recording Date: Oct 14, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: May 19, 1999
  • Previous Sale Contract Date: May 12, 1999
  • Previous Sale Amount: $125,000
  • 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 Central Islip

Stats & Trends

Median Asking:

$579,000

Sale Price/ft²

$391

Below Asking

0.01%

Average Days on Market

92

Average Home Size

1664 ft²

Average Home Age

59.4 years

Currently For Sale

39 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 300 Carleton Avenue, Central Islip, NY, 11722

$3,695 /mo

  • 2 Beds
  • 2 Baths
  • 1,108 ft²
300 Carleton Avenue #7213, Central Islip, NY, 11722 Listing by Rita B. Bender

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 203 Cone Avenue built and last sold?
The property at 203 Cone Avenue was built in 1970 and last sold on Aug 26, 2021 for $420,000.
How much is this home worth?
The estimated value of the home located at 203 Cone Avenue is $0.
What are some comparable homes to 203 Cone Avenue?
There are currently no comparable homes to 203 Cone Avenue.
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