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West Islip 11795 West Islip
217 Sears Road
$325,000
● House - Off Market

217 Sears Road

Islip, NY 11795
bedrooms
4 Beds
bathrooms
1 Bath
$592,958
RealtyHop Estimate
80.78%
Since May 1, 2015
National-US
Primary Model

About This Property

Plenty Of Living Space In This Home.  Large Living Room, Formal Dining Room, Eat In Kitchen, 4 Bedrooms, Full Bath.  Huge Storage Room (Attic Space). Side Entrance Leads To House & Full Basement.  Burner, Hot Water Heater & Oil Tank Have Been Updated.  4 Zone Sprinkler System.  Patio, Landscaped Yard. Taxes W/Star $9,385., Additional information: Appearance:Excellent,Separate Hotwater Heater:Y
Unit Size
-
Days on Market
-
Land Size
0.21 acres
Price per sqft
-
Property Type
House
Property Taxes
$888
HOA Dues
-
Year Built
-

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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 #KEYL2720093)

Price History

Date / Event Date Event Price
Apr 30, 2015 Sold
Premium
Sold
Nov 10, 2014 Listed by Douglas Elliman Real Estate $328,000
Listed by Douglas Elliman Real Estate

Property Highlights

Garage

Building Info

Overview

    General

  • 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: 8,712
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 750
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000200
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: X2193366Y177522 T036H00000000

Neighborhood

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

Zoning

  • Zoning: B

Geography

  • District: 0500-4
  • Section: 50.43
  • Parcel: 0500-436.00-02.00-172.000
  • Block: 6000
  • Lot: 200.172
  • Municipality: ISLIP
  • Latitude: 40.7107
  • Longitude: -73.3021

    Address

  • Full Address: 217 Sears Rd
  • Address - House Number: 217
  • Address - Street Name: Sears
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: West Islip
  • Carrier Code: C023
  • 4-Digit Zip Code: 2918
  • Zip Code: 11795

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,141,917
  • Tax Rate Code Area: 472809

    Appraisal Valuation

  • Standard Deviation: 0.2354
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 67
  • Final Value: 622,409
  • High Value: 768,973
  • Low Value: 475,845

    Market Valuation

  • Market Total Value: $528,846
  • Market Land Value: $114,011
  • Market Improvement Value: $414,835

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $38,500
  • Assessed Land Value: $8,300
  • Assessed Improvements Value: $30,200

    Sales

  • Current Sale Contract Date: Apr 08, 2015
  • Current Sale Recording Date: Apr 30, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12

    Financing

  • First Mortgage Financing Type: UNK
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:

$749,000

Sale Price/ft²

$430

Below Asking

0.01%

Average Days on Market

74

Average Home Size

2258 ft²

Average Home Age

61.9 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

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OneKey

Last Updated: 4 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 217 Sears Road built and last sold?
The property at 217 Sears Road was built in and last sold on Apr 8, 2015 for $325,200.
How much is this home worth?
The estimated value of the home located at 217 Sears Road is $0.
What are some comparable homes to 217 Sears Road?
There are currently no comparable homes to 217 Sears Road.
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