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Islip 11751 Islip
216 Cedar Avenue
$335,000
● House - Off Market

216 Cedar Avenue

Islip, NY 11751
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,421 Ft²
$632,711
RealtyHop Estimate
80.78%
Since May 1, 2015
National-US
Primary Model

About This Property

Beautifully Updated Exp Ranch Home W/1421 Sq. Ft. Featuring Ef, Lr, Fdr, Office, Eik W/Ss Appliances & Granite Counters, Den, Br And Full Bath On 1st Fl. 2nd Fl Has Br Or Den W/Walk In Closet & Large Attic. Hw Flrs, Custom Windows, Stained Glass, Cac, Full Bsmt W/Washer & Dryer, Rear Patio, 1 Car Det Gar, Igs, New Gas Heat On 82 X 60 Property. Taxes W/ Basic Star Are $9073, Additional information: Appearance:Diamond,Separate Hotwater Heater:Yes
Unit Size
1,421 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$246
Property Type
House
Property Taxes
$869
HOA Dues
-
Year Built
1928

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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 #KEYL2718649)

Price History

Date / Event Date Event Price
Oct 31, 2017 Sold
Premium
Sold
May 29, 2015 Sold
Premium
Sold
Apr 28, 2015 Sold
Premium
Sold
Nov 3, 2014 Listed by Winkler Real Estate Inc $349,990
Listed by Winkler Real Estate Inc

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1928
  • 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: 252
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,663
  • Lot Size Frontage Feet: 580
  • Total Building Area: 1,968
  • Building Area: 1,421
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,421
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000130
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: X2216610Y180985 T059H00000000

Neighborhood

  • School District Name: Islip Union Free School District
  • School Tax School District: ISLIP
  • Census Tract: 147402

Zoning

  • Zoning: B

Geography

  • District: 0500-4
  • Section: 50.42
  • Parcel: 0500-422.00-01.00-056.000
  • Block: 2000
  • Lot: 100.056
  • Municipality: ISLIP
  • Latitude: 40.7198
  • Longitude: -73.2181

    Address

  • Full Address: 216 Cedar Ave
  • Address - House Number: 216
  • Address - Street Name: Cedar
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Islip
  • Carrier Code: C005
  • 4-Digit Zip Code: 4612
  • Zip Code: 11751

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 472802

    Appraisal Valuation

  • Standard Deviation: 0.2304
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 68
  • Final Value: 672,792
  • High Value: 827,863
  • Low Value: 517,721

    Market Valuation

  • Market Total Value: $500,000
  • Market Land Value: $130,495
  • Market Improvement Value: $369,505

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $36,400
  • Assessed Land Value: $9,500
  • Assessed Improvements Value: $26,900

    Sales

  • Current Sale Contract Date: Sep 14, 2017
  • Current Sale Recording Date: Oct 31, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 0017-0192331
  • Previous Sale Recording Date: May 29, 2015
  • Previous Sale Contract Date: Apr 28, 2015
  • Previous Sale Amount: $335,000
  • 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 Islip

Stats & Trends

Median Asking:

$649,000

Sale Price/ft²

$406

Below Asking

0.01%

Average Days on Market

84

Average Home Size

1195 ft²

Average Home Age

66.9 years

Currently For Sale

29 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 584 Main Street, Islip, NY, 11751

$3,150 /mo

  • 1 Bed
  • 1 Bath
  • 620 ft²
584 Main Street #1, Islip, NY, 11751 Listing by Sean Darbyshire RENE
Unit for rent at 2 Somerset Avenue, East Islip, NY, 11730

$1,900 /mo

  • Studio
  • 1 Bath
  • 198 ft²
2 Somerset Avenue #APT3, East Islip, NY, 11730 Listing by Jamie C. Winkler
Unit for rent at 327 Brook Avenue, Bay Shore, NY, 11706

$3,025 /mo

  • 2 Beds
  • 1 Bath
  • 900 ft²
327 Brook Avenue #3272B, Bay Shore, NY, 11706 Listing by Michelle Holmes

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 216 Cedar Avenue built and last sold?
The property at 216 Cedar Avenue was built in 1928 and last sold on Sep 14, 2017 for $410,000.
How much is this home worth?
The estimated value of the home located at 216 Cedar Avenue is $360,104.
What are some comparable homes to 216 Cedar Avenue?
There are currently no comparable homes to 216 Cedar Avenue.
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