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Bay Shore 11706 Bay Shore
23 Hemlock Lane
$490,000
● House - Off Market

23 Hemlock Lane

Islip, NY 11706
bedrooms
5 Beds
bathrooms
3 Baths
$890,170
RealtyHop Estimate
78.03%
Since Jul 1, 2015
National-US
Primary Model

About This Property

Spacious 5 Br Lakefront Farm House On Picturesque O-Conee Pond.  Beautiful Year-Round Scenic Views From Nearly Every Room! 1st Floor Mbr/Bath, Updated Kitchen And Baths, New Gas Heating System, Oversized Property, Tons Of Storage! Great Neighborhood!  Hurry! Priced To Sell Fast!, Additional information: Appearance:Mint!,Separate Hotwater Heater:Y
Unit Size
-
Days on Market
-
Land Size
0.38 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,136
HOA Dues
-
Year Built
-

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: 5 months ago (OneKey MLS #KEYL2730371)

Price History

Date / Event Date Event Price
Jun 17, 2015 Sold
Premium
Sold
Jan 8, 2015 Listed by Eric G Ramsay Jr Assoc LLC $499,999
Listed by Eric G Ramsay Jr Assoc LLC
Dec 15, 2006 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
With View
Fireplace

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: 16,553
  • Lot Size Frontage Feet: 1,200
  • 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: 0000000380
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: X2205633Y180057 T056H00000000WL

Neighborhood

  • School District Name: Bay Shore Union Free School District
  • School Tax School District: BAY SHORE
  • Census Tract: 147201

Zoning

  • Zoning: B

Geography

  • District: 0500-4
  • Section: 50.41
  • Parcel: 0500-418.00-02.00-053.000
  • Block: 8000
  • Lot: 200.053
  • Municipality: ISLIP
  • Latitude: 40.7174
  • Longitude: -73.2578

    Address

  • Full Address: 23 Hemlock Ln
  • Address - House Number: 23
  • Address - Street Name: Hemlock
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Bay Shore
  • Carrier Code: C074
  • 4-Digit Zip Code: 7810
  • Zip Code: 11706

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,525,608
  • Tax Rate Code Area: 472801

    Appraisal Valuation

  • Standard Deviation: 0.238
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 66
  • Final Value: 726,526
  • High Value: 899,455
  • Low Value: 553,598

    Market Valuation

  • Market Total Value: $664,835
  • Market Land Value: $151,099
  • Market Improvement Value: $513,736

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $48,400
  • Assessed Land Value: $11,000
  • Assessed Improvements Value: $37,400

    Sales

  • Current Sale Contract Date: Jun 04, 2015
  • Current Sale Recording Date: Jun 17, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Dec 15, 2006
  • Previous Sale Contract Date: Dec 11, 2006
  • Previous Sale Amount: $600,000
  • Previous Sale Document Type: 27
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 Bay Shore

Stats & Trends

Median Asking:

$625,000

Sale Price/ft²

$401

Above Asking

0.00%

Average Days on Market

82

Average Home Size

2069 ft²

Average Home Age

74.3 years

Currently For Sale

32 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: 5 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 23 Hemlock Lane built and last sold?
The property at 23 Hemlock Lane was built in and last sold on Jun 4, 2015 for $490,000.
How much is this home worth?
The estimated value of the home located at 23 Hemlock Lane is $504,999.
What are some comparable homes to 23 Hemlock Lane?
There are currently no comparable homes to 23 Hemlock Lane.
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