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Islip 11751 Islip
22 Bay 2nd Street
$590,000
● House - Off Market

22 Bay 2nd Street

Islip, NY 11751
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,433 Ft²
$4,150
Est. Monthly
5.22%
Cap Rate

About This Property

Wonderful opportunity to live in South Islip in this lovely split level home.  Spacious living room and formal dining room have hard wood floors.  Sliding glass doors off dining room to rear deck, great layout for entertaining.  Eat in kitchen.  Den / Family room with bathroom that offers access to garage / basement / back yard.  All 3 bedrooms have hardwood floors.  Home has attic storage and full unfinished basement with workshop.  1 car attached garage. Fenced in yard with deck and brick patio.  3rd bedroom will be painted and carpet removed.  Home is being sold as is. 200 amp electrical service, 12 year old roof and regularly serviced oil burner.  Conveniently located close to Islip Marina, Islip Beach, village shopping, LIRR and park., Additional information: Appearance:Great,Separate Hotwater Heater:N
Unit Size
1,433 Ft²
Days on Market
135 days
Land Size
0.14 acres
Price per sqft
$433
Property Type
House
Property Taxes
$1,105
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: 5 months ago (OneKey MLS #KEYL3589661)

Price History

Date / Event Date Event Price
Mar 21, 2025 Sold
Premium
Sold
Jan 20, 2025 In contract -
In contract
Nov 6, 2024 Listed by Kennedy L I Realty $619,999
Listed by Kennedy L I Realty

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: 6,098
  • Lot Size Depth Feet: 1,060
  • Lot Size Frontage Feet: 600
  • 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: 0000000140
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: X2219471Y181968 T059H00000000

Neighborhood

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

Zoning

  • Zoning: A

Geography

  • District: 0500-3
  • Section: 50.39
  • Parcel: 0500-397.00-02.00-056.000
  • Block: 7000
  • Lot: 200.056
  • Municipality: ISLIP
  • Latitude: 40.7224
  • Longitude: -73.2078

    Address

  • Full Address: 22 Bay 2nd St
  • Address - House Number: 22
  • Address - Street Name: Bay 2nd
  • Address - Suffix Type: St
  • State: NY
  • City Name: Islip
  • Carrier Code: C004
  • 4-Digit Zip Code: 4406
  • Zip Code: 11751

Valuation

    Tax

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

    Appraisal Valuation

  • Standard Deviation: 0.2147
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 70
  • Final Value: 694,663
  • High Value: 843,870
  • Low Value: 545,455

    Market Valuation

  • Market Total Value: $543,956
  • Market Land Value: $146,978
  • Market Improvement Value: $396,978

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $39,600
  • Assessed Land Value: $10,700
  • Assessed Improvements Value: $28,900

    Exemptions

  • Veteran Exemption: Yes
  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes
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

$404

Below Asking

0.01%

Average Days on Market

83

Average Home Size

1308 ft²

Average Home Age

67.6 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 7 W Elm, Islip, NY, 11751

$4,200 /mo

  • 4 Beds
  • 2 Baths
  • 1,885 ft²
7 W Elm, Islip, NY, 11751 Listing by Michele Hugues

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 22 Bay 2nd Street built and last sold?
The property at 22 Bay 2nd Street was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 22 Bay 2nd Street is $0.
What are some comparable homes to 22 Bay 2nd Street?
There are currently no comparable homes to 22 Bay 2nd Street.
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