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Islip 11751 Islip
24 Bay 3rd
Photo of 24 Bay 3rd
Sold on May 27, 2026

27

Map

Photo of 24 Bay 3rd
Photo of 24 Bay 3rd
$595,000
● House - Off Market

24 Bay 3rd

Islip, NY 11751
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,176 Ft²
$3,625
Est. Monthly

About This Property

"Nestled in one of Islip's most desirable locations south of Montauk, this delightful 1927 charmer is on the market for the first time in almost 70 years. With 3 bedrooms and 1 bath, this cozy Cape offers classic character and tremendous potential for imaginative buyers seeking to create their dream home.  Original details include rich wood accents and a wooden shiplap dining room ceiling.  The functional kitchen has ample cabinetry and open access to the laundry area.  The full, unfinished basement offers additional storage opportunities. This single-family home is being sold As Is.
Unit Size
1,176 Ft²
Days on Market
50 days
Land Size
0.14 acres
Price per sqft
$468
Property Type
House
Property Taxes
$923
HOA Dues
-
Year Built
1927

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #KEY981110)

Price History

Date / Event Date Event Price
May 27, 2026 Sold
Premium
Sold
Apr 25, 2026 In contract -
In contract
Apr 7, 2026 Listed by Michael J Watts & Assoc Inc $549,990
Listed by Michael J Watts & Assoc Inc

Property Highlights

Building Info

Overview

    General

  • Year Built: 1927
  • Effective Year Built: 1927
  • 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: 240
  • 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: 1,433
  • Building Area: 1,176
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,176
  • 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: X2219144Y182253 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: 0500-397.00-02.00-033.000
  • Block: 7000
  • Lot: 200.033
  • Municipality: ISLIP
  • Latitude: 40.7232
  • Longitude: -73.209

    Address

  • Full Address: 24 Bay 3rd St
  • Address - House Number: 24
  • Address - Street Name: Bay 3rd
  • Address - Suffix Type: St
  • State: NY
  • City Name: Islip
  • Carrier Code: C004
  • 4-Digit Zip Code: 4408
  • 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: 645,686
  • High Value: 784,373
  • Low Value: 506,998

    Market Valuation

  • Market Total Value: $424,451
  • Market Land Value: $146,978
  • Market Improvement Value: $277,473

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $30,900
  • Assessed Land Value: $10,700
  • Assessed Improvements Value: $20,200

    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:

$644,500

Sale Price/ft²

$407

Below Asking

0.01%

Average Days on Market

87

Average Home Size

1491 ft²

Average Home Age

65.7 years

Currently For Sale

35 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 53 Mowbray Avenue, Bay Shore, NY, 11706

$5,500 /mo

  • 3 Beds
  • 2 Baths
  • 2,040 ft²
53 Mowbray Avenue, Bay Shore, NY, 11706 Listing by Nicholas Campasano
Unit for rent at 584 Main Street, Islip, NY, 11751

$3,000 /mo

  • 1 Bed
  • 1 Bath
  • 620 ft²
584 Main Street #1, Islip, NY, 11751 Listing by Sean Darbyshire RENE
Unit for rent at 16 Willow Avenue, Islip, NY, 11751

$3,025 /mo

  • 1 Bed
  • 1 Bath
  • 900 ft²
16 Willow Avenue #2B, Islip, NY, 11751 Listing by Sean Darbyshire RENE

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 4 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 24 Bay 3rd Street built and last sold?
The property at 24 Bay 3rd Street was built in 1927 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 24 Bay 3rd Street is $0.
What are some comparable homes to 24 Bay 3rd Street?
There are currently no comparable homes to 24 Bay 3rd Street.
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