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Islip 11751 Islip
27 Richmond Street
Photo of 27 Richmond Street
Sold on Nov 29, 2024

30

Map

Photo of 27 Richmond Street
Photo of 27 Richmond Street
$690,000
● House - Off Market

27 Richmond Street

Islip, NY 11751
bedrooms
5 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,700 Ft²
$4,308
Est. Monthly
10.68%
Cap Rate

About This Property

This stunning split-level home offers the perfect blend of comfort and style, nestled on a beautifully landscaped lot with brand new pavers. Step inside to an airy, open layout featuring gleaming hardwood floors throughout. Enjoy two spacious living rooms and a dining area ideal for gatherings. The first level includes a convenient primary suite, perfect for privacy. Upstairs, you'll find four additional bedrooms, including a second primary suite with a large walk-in closet and en-suite bathroom. Outside, the backyard is an entertainer's dream, complete with a Trex deck, pavers, and ample space for outdoor fun. Additional Information: ParkingFeatures:1 Car Attached,
Unit Size
2,700 Ft²
Days on Market
81 days
Land Size
0.17 acres
Price per sqft
$241
Property Type
House
Property Taxes
$1,116
HOA Dues
-
Year Built
-

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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: 8 months ago (OneKey MLS #KEYH6326837)

Price History

Date / Event Date Event Price
Nov 29, 2024 Sold
Premium
Sold
Sep 23, 2024 In contract -
In contract
Sep 9, 2024 Listed by Serhant LLC $649,999
Listed by Serhant LLC
Sep 13, 1999 Sold
Premium
Sold

Property Highlights

Garage

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: 7,405
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 750
  • 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: 0000000170
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: X2214889Y190549 T043H00000000

Neighborhood

  • School District Name: Islip Union Free School District
  • School Tax School District: ISLIP
  • Census Tract: 146103

Zoning

  • Zoning: B

Geography

  • District: 0500-2
  • Section: 50.29
  • Parcel: 0500-293.00-02.00-029.000
  • Block: 3000
  • Lot: 200.029
  • Municipality: ISLIP
  • Latitude: 40.746
  • Longitude: -73.224

    Address

  • Full Address: 27 Richmond St
  • Address - House Number: 27
  • Address - Street Name: Richmond
  • Address - Suffix Type: St
  • State: NY
  • City Name: Islip
  • Carrier Code: C006
  • 4-Digit Zip Code: 2039
  • Zip Code: 11751

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,208,598
  • Tax Rate Code Area: 472802

    Appraisal Valuation

  • Standard Deviation: 0.2594
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 63
  • Final Value: 538,370
  • High Value: 678,054
  • Low Value: 398,685

    Market Valuation

  • Market Total Value: $549,451
  • Market Land Value: $93,407
  • Market Improvement Value: $456,044

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $40,000
  • Assessed Land Value: $6,800
  • Assessed Improvements Value: $33,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 01, 1999
  • Current Sale Recording Date: Sep 13, 1999
  • Current Sale Price:
    Premium
  • Current 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 Islip

Stats & Trends

Median Asking:

$649,000

Sale Price/ft²

$407

Below Asking

0.01%

Average Days on Market

83

Average Home Size

1347 ft²

Average Home Age

68 years

Currently For Sale

29 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

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 8 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 27 Richmond Street built and last sold?
The property at 27 Richmond Street was built in and last sold on Sep 1, 1999 for $167,000.
How much is this home worth?
The estimated value of the home located at 27 Richmond Street is $0.
What are some comparable homes to 27 Richmond Street?
There are currently no comparable homes to 27 Richmond Street.
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