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Islip 11751 Islip
25 Saint Marks Lane
$526,750
● House - Off Market

25 Saint Marks Lane

Islip, NY 11751
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
$628,298
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model

About This Property

Beautiful Colonial Circa 1936 Located South of Main Street, Featuring Enclosed Front Porch, Formal Living Room with Fireplace, Formal Dining Room, Charming  Kitchen, 3 bedrooms , 1.5 Baths Gorgeous Hardwood Floors, Custom Moldings and Built In's Throughout the Home, Gas Heat, New Burner and Hot Water Heater, New Roof ,Detached 1 Car Garage, Shed, Full Dry Basement, Lovely Corner Property With Room For Pool and More! Close to Town, Library, and Beach! Low Taxes $11,300 Before Star Rebate. Charm, Charm, Charm!!!! This Is The One You Have Been Waiting For!~
Unit Size
-
Days on Market
104 days
Land Size
0.30 acres
Price per sqft
-
Property Type
House
Property Taxes
$944
HOA Dues
-
Year Built
1937

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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: 3 years ago (OneKey MLS #ONE3307476)

Price History

Date / Event Date Event Price
Oct 8, 2021 Sold
Premium
Sold
Aug 10, 2021 Sold
Premium
Sold
May 10, 2021 In contract -
In contract
Apr 28, 2021 Listed by Eric G Ramsay Jr Assoc LLC $549,000
Listed by Eric G Ramsay Jr Assoc LLC

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1937
  • Effective Year Built: 1937
  • 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: 13,068
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,822
  • Building Area: 1,306
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,306
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000300
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: X2220001Y184495 T059H00000000

Neighborhood

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

Zoning

  • Zoning: B

Geography

  • District: 0500-3
  • Section: 50.37
  • Parcel: 0500-371.00-03.00-018.002
  • Block: 1000
  • Lot: 300.018
  • Municipality: ISLIP
  • Latitude: 40.7293
  • Longitude: -73.2058

    Address

  • Full Address: 25 Saint Marks Ln
  • Address - House Number: 25
  • Address - Street Name: Saint Marks
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Islip
  • Carrier Code: C004
  • 4-Digit Zip Code: 4101
  • Zip Code: 11751

Valuation

    Tax

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

    Appraisal Valuation

  • Standard Deviation: 0.2335
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 642,331
  • High Value: 792,338
  • Low Value: 492,325

    Market Valuation

  • Market Total Value: $485,577
  • Market Land Value: $186,813
  • Market Improvement Value: $298,764

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $35,350
  • Assessed Land Value: $13,600
  • Assessed Improvements Value: $21,750

    Sales

  • Current Sale Contract Date: Aug 10, 2021
  • Current Sale Recording Date: Oct 08, 2021
  • Current Sale Price:
    Premium
  • Current 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 Islip

Stats & Trends

Median Asking:

$649,000

Sale Price/ft²

$407

Below Asking

0.01%

Average Days on Market

89

Average Home Size

1319 ft²

Average Home Age

71 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

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: 3 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 25 St Marks Lane built and last sold?
The property at 25 St Marks Lane was built in 1937 and last sold on Aug 10, 2021 for $527,500.
How much is this home worth?
The estimated value of the home located at 25 St Marks Lane is $554,490.
What are some comparable homes to 25 St Marks Lane?
There are currently no comparable homes to 25 St Marks Lane.
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