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West Islip 11795 West Islip
266 Sears Road
$465,000
● House - Off Market

266 Sears Road

Islip, NY 11795
bedrooms
4 Beds
bathrooms
2 Baths
$671,630
RealtyHop Estimate
49.58%
Since Apr 1, 2019
National-US
Primary Model

About This Property

Come See This Beautifully Renovated 4 Bedroom Cape In West Islip!! - Updates Throughout Include - Kitchen W/Cherry Cabinets, Granite, Glass Tile Back Splash, Stainless Steel Appliances, 2 Full Bathrooms, Hardwood Floors, Heating System, Roof, Full Finished Basement With Outside Entrance, Plenty Of Storage, Large Detached 2 Car Garage On Large Fully Fenced In Property..., Additional information: Appearance:Excellent,Separate Hotwater Heater:Yes
Unit Size
-
Days on Market
-
Land Size
0.32 acres
Price per sqft
-
Property Type
House
Property Taxes
$886
HOA Dues
-
Year Built
1948

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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: 4 months ago (OneKey MLS #KEYL3085499)

Price History

Date / Event Date Event Price
Apr 4, 2019 Sold
Premium
Sold
Dec 30, 2018 No longer available -
No longer available
Dec 6, 2018 Listed by Signature Premier Properties $449,000
Listed by Signature Premier Properties
Aug 5, 2013 Sold
Premium
Sold
Apr 25, 2013 Sold
Premium
Sold
Show More

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 31
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 910
  • Garage Type: 1
  • Garage Square Area: 342
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,939
  • Lot Size Frontage Feet: 650
  • Total Building Area: 2,617
  • Building Area: 2,275
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,275
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000320
  • Standard Land Use Code: 1101
  • County Land Use Code: 220
  • Legal Description 1: X2192457Y177465 T036H00000000

Neighborhood

  • School District Name: West Islip Union Free School District
  • School Tax School District: WEST ISLIP
  • Census Tract: 146800

Zoning

  • Zoning: B

Geography

  • District: 0500-4
  • Section: 50.43
  • Parcel: 0500-436.00-03.00-007.000
  • Block: 6000
  • Lot: 300.007
  • Municipality: ISLIP
  • Latitude: 40.7106
  • Longitude: -73.3053

    Address

  • Full Address: 266 Sears Rd
  • Address - House Number: 266
  • Address - Street Name: Sears
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: West Islip
  • Carrier Code: C023
  • 4-Digit Zip Code: 2919
  • Zip Code: 11795

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,155,631
  • Tax Rate Code Area: 472809

    Appraisal Valuation

  • Standard Deviation: 0.2261
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 68
  • Final Value: 651,250
  • High Value: 798,498
  • Low Value: 504,002

    Market Valuation

  • Market Total Value: $521,978
  • Market Land Value: $125,000
  • Market Improvement Value: $396,978

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $38,000
  • Assessed Land Value: $9,100
  • Assessed Improvements Value: $28,900

    Sales

  • Current Sale Contract Date: Mar 12, 2019
  • Current Sale Recording Date: Apr 04, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Aug 05, 2013
  • Previous Sale Contract Date: Apr 20, 2013
  • Previous Sale Amount: $365,000
  • Previous Sale Document Type: 12
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 West Islip

Stats & Trends

Median Asking:

$749,950

Sale Price/ft²

$431

Below Asking

0.01%

Average Days on Market

76

Average Home Size

2217 ft²

Average Home Age

61.5 years

Currently For Sale

36 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 11 Wharf Way, Brooklyn, NY, 11795

$7,500 /mo

  • 2 Beds
  • 2 Baths
11 Wharf Way #702, Brooklyn, NY, 11795 Listing by Mohamed Fathelbab
Unit for rent at 11 Park Avenue, Babylon, NY, 11702

$3,000 /mo

  • 1 Bed
  • 1 Bath
  • 550 ft²
11 Park Avenue #1A, Babylon, NY, 11702 Listing by Kenneth Hirsch
Unit for rent at 54 Ralph Avenue, Babylon, NY, 11702

$2,495 /mo

  • 1 Bed
  • 1 Bath
  • 900 ft²
54 Ralph Avenue, Babylon, NY, 11702 Listing by Aideen Duignan

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 266 Sears Road built and last sold?
The property at 266 Sears Road was built in 1948 and last sold on Mar 12, 2019 for $465,000.
How much is this home worth?
The estimated value of the home located at 266 Sears Road is $453,490.
What are some comparable homes to 266 Sears Road?
There are currently no comparable homes to 266 Sears Road.
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