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Islip 11751 Islip
253 Union Avenue
$651,000
● House - Off Market

253 Union Avenue

Islip, NY 11751
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
$738,535
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

Beautiful Colonial South of Montauk. Located on a Dead End Street & Backing up to Seatuck Nature Preservation. First Floor Master w/ Full Bath & Wic , Living Room, Dining Room , Open Concept Kitchen ,Den w Wood Burning Fire Place & Custom Built Ins. Serene Back Yard w In Ground Pool, Beautiful Landscaping...Very Private. A Must See!!!
Unit Size
-
Days on Market
113 days
Land Size
0.25 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,112
HOA Dues
-
Year Built
1900

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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 #ONE3300315)

Price History

Date / Event Date Event Price
Oct 19, 2021 Sold
Premium
Sold
Jul 27, 2021 Sold
Premium
Sold
Apr 20, 2021 In contract -
In contract
Apr 20, 2021 Relisted $639,000
Relisted
Apr 13, 2021 In contract -
In contract
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • 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: 10,890
  • Lot Size Frontage Feet: 850
  • Total Building Area: 2,038
  • Building Area: 1,938
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,938
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000250
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: X2218235Y181396 T059H00000000

Neighborhood

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

Zoning

  • Zoning: B

Geography

  • District: 0500-4
  • Section: 50.42
  • Parcel: 0500-422.00-03.00-018.000
  • Block: 2000
  • Lot: 300.018
  • Municipality: ISLIP
  • Latitude: 40.7209
  • Longitude: -73.2123

    Address

  • Full Address: 253 Union Ave
  • Address - House Number: 253
  • Address - Street Name: Union
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Islip
  • Carrier Code: C018
  • 4-Digit Zip Code: 4710
  • Zip Code: 11751

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,412,090
  • Tax Rate Code Area: 472802

    Appraisal Valuation

  • Standard Deviation: 0.2389
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 66
  • Final Value: 740,208
  • High Value: 917,116
  • Low Value: 563,300

    Market Valuation

  • Market Total Value: $590,660
  • Market Land Value: $148,352
  • Market Improvement Value: $442,308

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $43,000
  • Assessed Land Value: $10,800
  • Assessed Improvements Value: $32,200

    Sales

  • Current Sale Contract Date: Jul 22, 2021
  • Current Sale Recording Date: Oct 19, 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:

$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 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
Unit for rent at 587 Main Street, Islip, NY, 11751

$3,050 /mo

  • 2 Beds
  • 1 Bath
  • 950 ft²
587 Main Street #2, Islip, NY, 11751 Listing by Sean Darbyshire RENE

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 253 Union Avenue built and last sold?
The property at 253 Union Avenue was built in 1900 and last sold on Jul 22, 2021 for $651,000.
How much is this home worth?
The estimated value of the home located at 253 Union Avenue is $0.
What are some comparable homes to 253 Union Avenue?
There are currently no comparable homes to 253 Union Avenue.
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